Source: Ministry of Tourism and Arts, 2013 Tourism Statistical Digest
Tourist visits to the major national parks increased to 77, 282 in 2013 from 62, 537 in 2012, representing an increase of 23.6
percent. South Luangwa was the most visited national park.
Source: World Bank, World Integrated Trade Statistics database, 20142013 ICT Country Survey Report, ZICTA
About a third of Zambia's motor vehicle imports (in value terms) in 2013 came from South Africa. This was followed by imports from Japan, China and the United Kingdom. Collectively, the four countries accounted for 82.1 percent of the US$889.2 million worth of motor vehicle imports.
Source: 2013 ICT Country Survey Report, ZICTA
Mobile payment solutions have been in existence in
Zambia since 1999. However, they only became prominent
in 2010 when Airtel Zambia became the first mobile phone
provider to start providing mobile payment solutions. The
2013 ICT Country Survey Report shows that the major problem encountered by respondents in accessing mobile
payment solutions is system or network failure. This was
followed by slow transmission of funds to intended
recipients.
Thanks to our ladies, Zambia officially imported US$1.4 million worth of wigs and weaves in 2013, according to trade statistics from the World Bank's World Integrated Trade Statistics database. The top 5 import sources for weaves and wigs are Zimbabwe, Nigeria, Kenya, China and the United States of America. Imports of wigs and weaves nominally grew
by a healthy 52% between 2012 and 2013.
Business of the Week
December 29, 2014Zambeef
The Zambeef Group is one of the largest investors in the agricultural sector in Zambia, with investment amounting to over USD150 million over the last six years. It also has operations in Nigeria and Ghana.
It is one of the largest employers in the country, with a staff complement of over 5,800 staff, who received a total of ZMW208 million (USD35 million) in remuneration
and benefits.
The Group is a significant contributor to government
revenues. For the financial year ended September 2014,
the Group paid over ZMW110 million (USD18.5 million)
to the Zambia Revenue Authority in taxes.
The Group is a member of the Zambia Development
Agency's elite Million Dollar Club of leading exporters.
For the FYE 30 September 2014, the Group recorded
foreign exchange export income of over USD30 million.
Entrepreneur of the Week
December 22, 2014
Maybin Madiba Mudenda is a budding Zambian entrepreneur specialising in private equity and general investments. He featured in the September 2014 issue of Forbes Africa and BBC's African Dream ( http://www.bbc.com/news/world-africa-30377047) where he shares his tips for those seeking backing for their business ventures and suggests how governments should help.
On Islamic Banking
January 5, 2015
BANK of Zambia Governor Dr. Michael Gondwe has launched the Islamic Finance Guidelines for Zambia. Speaking at Radisson Blu Hotel [...]
Read MoreON THE 6 PERCENT GDP GROWTH RATE IN 2014
December 29, 2014
THE Zambian economy will either grow by 5.5 percent, 6 percent or 6.5 percent in 2014, depending on who you choose to believe. In his 2014 Budget Speech, the Hon. Minister of Finance set out to achieve a real GDP growth target of [...]
Read MoreNEWS
-
-
Historic Copper Price
February 12, 2015 -
Annual-Inflation Rate
December 29, 2014
-
-
-
Frequently visited National Parks
January 12, 2015 -
Zambia's Motor Vehicle Imports
January 5, 2015 -
System Failures Main Problem with Mobile Payment Solutions
December 29, 2014
-