Rates change according to market price. This table contains a national calendar of all 2023 public holidays in Zambia. Well, the first thing is that the World Bank and the Zambian government are saying the same thing. About Us; Monetary Policy; Financial Stability; Statistics; Research and Publications3. The World Bank and IMF protest, forgetting their responsibility for Zambia’s past difficulties. Available In Multiple Currencies. Follow US. The Zambian pounds remained in circulation beside the kwacha until 1974. Ituna Partners vs Zambia Open University Limited' Appeal Number 117 of2008 Legislation and other works referred to:20-11-2023 09:30 12:30 15:30; Bank Name Interbank Rates Retail Rates Interbank Rates Retail Rates Interbank Rates Retail Rates; Buy: Sell: Buy: Sell: Buy: Sell: Buy: SellIn Zambia, heavily starch-based diets are common, and child malnutrition is high. Up-to-the-second details of your account Access anytime, from anywhere No queues to stand in, or turns to wait for. The Bank has grown consistently from strength to strength, with a cemented position in the market as one of the top 3 Banks in Zambia. This project is working with health workers and government… read more. 3 million) originated from Citigroup for accounts housed within the Zambian subsidiary of South African Standard Bank Group, Stanbic Bank Zambia. Zanaco account - You need to have a Zanaco account to use the service. 0 GDP per capita, current US$ 1449. 2712. Latest news and information from the World Bank and its development work in Zambia. Printing and scanning is no longer the best way to manage documents. Indo Zambia Bank | 10,316 followers on LinkedIn. The “BOZ” is a central bank, that is in charge of regulating financial institutions, including. Zambia banking market outlook report from OGANALYSIS provides comprehensive analysis, trends, drivers and challenges of operating or expanding into the market. Zambia National Commercial Bank Plc (ZANACO. The following is a list of all the registered Banks within Zambia: Registered Commercial Banks PDF. In Richard Musenyesa v. Barclays Bank Of Zambia Limited. Bold actionsThe history of Zambia experienced many stages from colonization to independence from Britain on October 24, 1964. 10 of 2017 (the “ Banking Act ”) in Zambia is clear that unless conditions to the banking licence stipu-lates otherwise, a registered bank in Zambia is authorized to engage in the following activities in addition to banking business: provide branchless banking services. 1. Statistics. Brett was in his early thirties, married in Cape Town after quitting his cushy job at JP Morgan in London, while Brad, several years older, was married in Zambia and looking to get off the corporate ladder. Section 3 outlines the transformation of Zambia’s monetary policy overAccess Bank Plc had said it has signed an agreement with Atlas Mara Limited on a proposed merger between African Banking Corporation Zambia Limited (Atlas Mara Zambia) and Access Bank Zambia Limited. Other common features include the coat of arms, the signature of the Governor of the Bank of Zambia, and the face value of the sum of the note. 04:13 PM. Chat Pay – A revolutionary new feature called Chat Pay that allows you to pay any FNB customer via a simple chat, all within FNB’s secure ecosystem giving you peace of mind that the person you are. 50 ZMW 39. 17. 52 in thousands of US$ leading to a positive trade balance of 3,665,957. ZMW ZAR. Zambian kwacha is the national currency of Zambia. The bank provides a wide range of consumer, commercial, corporate and investment. 0 GDP, current US$ billion 29. Indo Zambia Bank was formed on 19th October, 1984 by the Government of the Republic of Zambia and the Government of India out of the desire to promote banking facilities to support the economic development of Zambia. The Zambian banking sector shows a high level of concentration with few large banks dominating the financial landscape. App, online and other banking. 10 ZMW 7. It is a commonly held view that the full impact of Zambia’s pre-Covid-19 economic challenges and the further complications brought on by the Covid-19 pandemic are only now becoming apparent. Bank in Washington DC, Marie Sheppard, World Bank Group, Zambia, Juliet Munro, FinMark Trust, and Roland V. +260 21 127 8443. For the Zambian banking sector, a possible explanation for this could be that since the post-entry period coincided with the global financial crisis, banks were forced to cut unit costs in order to survive or as hypothesized above, it reflects entry-level subsidisation. The leader of Zambia's Socialist Party, Fred M’membe, is accused of espionage, which he denies Image caption: The leader of Zambia's Socialist Party, Fred M’membe, is accused of espionage. A beacon of excellence and partner of choice in development financing | About DBZ The Development Bank of Zambia (DBZ) was established in 1972 pursuant to section 3 of the DBZ Act Chapter 363 of the Laws of Zambia as a joint venture between the Government, Public Sector Financial. 8% in 2020, supported by firmer copper prices, favorable external demand, good rainfall, and post-election market confidence. Commercial Suite Lusaka 26 00 01. Branch name. BOX 38173, LUSAKA +260-211-220835/36/38/40 LUSAKA 2. 25 USD 583. 7 Life expectancy at birth, yearsb 61. ($462. Source: Bank of Zambia, Zambia Statistics Agency and Ministry of Finance Table 1: Selected Macroeconomic Indicators, 2018 - 2022. Short title. 7962. 9443 ZMW. The giants on the Zambian banking horizon include Zanaco (formerly called Zambia National Commercial Bank prior to its re-branding and acquisition of major shareholding by Rabobank of the Netherlands). The dominance of the four largest banks in deposits and total assets has been diluted by. 5 ZMW 3. Conditions apply. Source: Bank of Zambia, Zambia Statistics Agency and Ministry of Finance Table 1: Selected Macroeconomic Indicators, 2018 - 2022. Standard Chartered offers personal financing that suits your budget. Lusaka, Zambia. 25 ZMW 1. Zambian definition: . Q4. 4. Village banking are Savings and lending schemes organised outside the formal financial sector. BOZ. Financial expert Lyapa Mbewe took the time to explain the concept of village banking and how best you can benefit from it. We use the mid-market rate for our Converter. 5 million. zm) Published On: May 11, 2023 TYPE: Interim Reports Year: 2023 Period: Q1 Country: Zambia Sector: Banking. 5 stanbic bank zambia ltd sbiczmlx 6 standard chartered bank zambia plc scblzmlx 7 indo zambia bank ltd inzazmlx 8 finance bank zambia ltd zfbazmlu 9 cavmont capital bank ltd cvmtzmlu 10 internarket banking corporation (z) ltd idhzzmlu 11 investrust bank plc vstrzmlu 12 bank of china (z) ltd bkchzmlu 13 banc abc zambia ltd fmbzzmlx 14 first. ( 2 ) Census reports and other statistical publications from national statistical offices, ( 3 ) Eurostat: Demographic Statistics, ( 4 ) United Nations Statistical Division. Development Bank of Zambia and Mary Ncube (Receiver) vs Christopher Mwansa and 63 Others, SCZ/ 08/103/ 08-J2-7. Francis Chipimo revealed that over 50 percent of the profit was as a result of massive investment in government securities. Bank code A-Z 4 letters representing the bank. 7) Finance Bank Zambia Limited Pic v Lamasat International Zambia Limited SCZ Appeal No. 4244. To cushion such shocks, the Bank of Zambia introduced a 4. China is the largest official creditor to Zambia, with $4. m K40. Nov. This article is for subscribers only. It is licensed by Bank of Zambia, the central bank and national banking regulator. Zambian Notes and Coins. Zambia’s strategy aims to see 70 percent of adults using formal financial services by 2022. 7/5, 41. Zambian exports in 2006. 15) the number of beneficiaries of the social cash transferFurther, the Banking and Financial Services Act No. ] An Act to provide for the additional functions, operations and management of the Bank of Zambia; provide for the. Francis. Support +260 211 224 653/225 080, +211 227194, +211 22079 +260 211 225 090. 2023-10-26. LUSAKA, November 8, 2017 – Mary. For the Zambian banking sector, a possible explanation for this could be that since the post-entry period coincided with the global financial crisis, banks were forced to cut unit costs in order to survive or as hypothesized above, it reflects entry-level subsidisation. - The indo-zambia bank corporate banking app allows you to perform all your banking tasks from the palm of your hands, from. Zambia Oxygen Limited & Zambia Privatisation Agency v Paul Chisakula 12. Issuing bank . Ecobank Zambia | 8,766 followers on LinkedIn. She worked previously as a businesswoman, accountant, and bank executive. ZNBS is wholly owned by the Zambian Government and is the largest building Society in Zambia. In 2016, Zambia began work on a system to account for its valuable natural resources. This page contains a national calendar of all 2024 public holidays for Zambia. lusaka: abbazmlu: 2: absa bank zambia plc: kitwe: kitwe processing centre: barczmlxkpc: 3: absa bank zambia plcZambia last week opted to bow out of a $42. The Workshop was officially opened by Deputy Governor – Administration, Ms. 50 USD 1,167. The Bank of Zambia in their 2022 Examination Report of the Bank directed that K693. 1. 2 billion of which is owned. Commercial banks in Zambia have continued to show resilience, largely credited to the strong capital position. In 2020, the year of Zambia. Branch address. US banks generally add a 3% to 6% markup onto exchange rates. human capital development, which in turn creates a drag on the economy. These dates may be modified as official changes are announced, so please check back regularly for updates. $1. Zambia Banking. The Role and Functions of the Bank of Zambia. For convenience, we shall alternately continue referring to Zambian Airways either byPart I – Preliminary. Currently, Zambia is one of the first 17 African countries to implement the Digital Economy for Africa (DE4A) Initiative, in which the World Bank has committed to investing $25 billion in Africa’s digital transformation. The IMF Board approves SDR 978. 19 million (ZMK) As a matter of fact, Zambia has 20 privately owned Banks operational. Zambia from The World Bank: Data. Zambia currently has six banknotes and four coins in circulation. Completely editable Zambian Absa bank statement 3 – 6 months example of high quality, which is a proof of the available balance from the bank. Answers to your questions about sending money from the United States to Zambia with Remitly. Chungu, Chanda (2020) "Richard Musenyesa v. 00 K15. Amounts over $5,000, carried in or out in cash or travelers checks, must be declared. 4% in January, but remains persistently above the bank's 6%-8% target range. 76. Zambia’s economic challenges have affected banking and non-banking financial institutions (NBFIs) to varying degrees. Janssen, Alex Mwanakasale and Ngao Mubanga (World Bank). Our bank statement 3 – 6 months examples enable you to submit the required information. zm) listed on the Lusaka Securities Exchange under the Banking sector has released its 2023 interim results for. 2 of 2016. P. Choose from a wide range of tenures for your Standard Chartered personal loan. First National Bank Zambia Limited 26. The Strategy is designed to assist Zambia sustain economic growth while diversifying the economy and strengthening country competitiveness. How to send money to Zambia with Remitly. It provides Wholesale, Retail, Investment and Transactional Banking services to governments, financial institutions, multinationals, local companies, SMEs. RM RA78DK – 20 Zambian kwacha. Subsequently, Currency division is responsible for the designing and ordering of banknotes and coins to meet the country' s demand. 1. Latest news and information from the World Bank and its development work in Zambia. 97215 ZMW. Copper prices have firmed, but they remain low when compared to their peak. 00 K15. 793669061 ZAR. 5. FBZ was incorporated in Zambia on September 23, 1986. Zambia’s overall annual inflation is projected to decline to 19. A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch. 2. 10. In this Act, unless the context otherwise requires—"Bank" means the Bank of Zambia established under section three;"bank" shall have the meaning assigned to it in the Banking and Financial Services Act;[Cap. Box 30080 LUSAKA (+260) 211 399300/ 0971 270090/ 0963884820; 221722/237070;. Zambia - Colonial Rule, Independence, Economy: At first the BSAC administered its territory north of the Zambezi in two parts, North-Eastern and North-Western Rhodesia. Zambian President Hakainde Hichilema has brought inflation down from 24. Location. Indo Zambia Bank Limited, the Supreme Court dealt with an employee whose conditions of service were altered by their employer. Get the latest 1 Zambian Kwacha to US Dollar rate for FREE with the original Universal Currency Converter. lusaka: abbazmlu: 2: absa bank zambia plc: kitwe: kitwe processing centre: barczmlxkpc: 3: absa bank zambia plc Zambia last week opted to bow out of a $42. A new, redenominated kwacha was introduced in. 3200: 23. ZICB is mandated to support the commercialisation and industrialization of the Zambian economy by stimulating the growth of the MSMEs and local corporations. In 1992, a new, smaller coinage was introduced consisting of nickel-plated-steel 25 and 50 ngwee and brass 1, 5 and 10 kwacha. ID Bank or Institution City Branch Swift Code; 1: AB BANK ZAMBIA LTD. 5 ZMW 0. (Concentration ratio, 2nd table in the AfDB report) The four largest banks accounted for an average of about 2/3 of total assets and deposits between 2002 and 2011, while for loans the proportion was much higher. The Zambian currency is known as the Zambian Kwacha and Ngwee (where 100 Ngwee is equal to K1). +260 21 127 8443. Purpose – This study aims to evaluate the degree of competition in the Zambian banking sector in the wake of dynamic market shifts induced by entry of new foreign banks and privatisation of the. Cavmont Bank serves more than 50 thousand customers all over the country providing community banking, retail banking, investment services, and corporate banking services and products. Keywords: Financial Performance analysis, Banking Sector. TransferWise. Currency Management. Its key role is to gain and maintain public confidence in the currency. 5668: 23. Developing Zambia. 3billion. Developing Zambia. 1600 ZMW. There is over 20 best banks in Zambia, registered legally, operating nationwide and offering best financial services to clients. Absa Bank Zambia Plc; Access Bank Zambia Limited; Atlas Mara Bank Zambia Limited; Bank of China Zambia Limited; Citibank Zambia Limited; Ecobank Zambia Limited; First Alliance Bank Zambia Limited; First Capital Bank Zambia Limited; First National Bank of Zambia Limited; Indo-Zambia Bank Limited 5. Security Needed. The banks include Indo-Zambian Bank, Zambia. Ownership structure and degree of bank competition Results from sub. View Answers (1) Q5. Follow US. This economy profile presents indicators for Zambia for. 25 ZMW 19. 00 K330. 3 billion) 38-month ECF arrangement for Zambia to help restore macroeconomic stability and foster higher, more resilient, and more inclusive growth. The Zambian banking sector was until two decades ago controlled by the gover nment, and was characterised by repression, strict regulatio n of credit, interest rates and exchange flows (Simpasa. We are a proudly Zambian Bank, maintaining our position as one of Zambia’s leading and innovative banks since 1969. Support +260 211 224 653/225 080, +211 227194, +211 22079 +260 211 225 090. ZMW USD. #Kula. zm. Funds transferred ($472. 1. Welcome to the Home of Mortgage Finance | Zambia National Building Society is a provider of mortgage, banking and property management services. 100 ZMW 79. . The Bank of Zambia can be contacted for more information using the following details; Bank of Zambia. Detailed information about SWIFT code INZAZMLX. Meet Zazu: Zambia’s Helpful Money App. Zambia's annual inflation rate dropped to a near 3-1/2-year low of 9. 2. 2. Management can be efficient in one bank, at the some time quick in another. Explore Standard Chartered Zambia banking solutions, such as credit cards, debit cards, loans, deposits, mortgages, investments and. March 24, 2023. from 18th to 23rd September, 2023. The Effect of Capital Structure Management on Commercial Bank Financial Performance: A Case of the Zambian Banking Sector June 2020 DOI: 10. 500 USD is equal to 11644 ZMW. Lawrence Abrams. The Bank has an objective to ensure that. For instance, the Indo-Zambia Bank was established in 1984 as a joint venture between the government and three state owned Indian banks, and in 1987 the Zambia Export and Import Bank was founded to supply trade finance. President Hakainde Hichilema has reappointed Dr. Zambia’s banking sector is considered relatively well-developed in the African context, but the sector remains highly concentrated. With more people choosing electronic ways to send money to Zambia online over conventional cash-based ones, Zambia's digital payments landscape is expanding quickly. The Constitution of Zambia Act, 1991 as amended. Currently, Zambia is one of the first 17 African countries to implement the Digital Economy for Africa (DE4A) Initiative, in which the World Bank has committed to investing $25 billion in Africa’s digital transformation. Between 2002 and 2008 the value of Zambia’s mineral exports grew 500%, from $670m to $4bn, but. This 2013 study, published by the Chief Economist Complex of the African Development Bank, evaluates the degree of competition in the Zambian banking sector in the wake of dynamic market shifts induced by financial reforms, entry of new foreign. Following the deal, Zambia’s kwacha became the world’s best. At Fitch Solutions, we have revised down our 2023 real GDP growth forecast for Zambia from 3. You can also enter the word "now" to find the coins that are still in use today. 00 K7,500. 575 views. LUSAKA, Nov 22 (Reuters) - Zambia's central bank raised its benchmark lending rate ZMCBIR=ECIby 100 basis points to 11. Carlyn Hambuba. 2607. 1 ZMK = 0. Firstly, this article shows the top banks in Zambia and their addresses. Mar 30, is in 134 days. The Bank of Zambia said. and can be found on the World Bank’s Zambia web-site. 77 billion in loans had been disbursed to Zambia and its state-owned enterprises by 18 major and minor Chinese banks or funds from 2000 to August 2021. The Girls Education and Women’s Empowerment (GEWEL) project provides cash transfers to. Currently Zambia’s international 10 year bond yields have a rate of 29%, meaning an investment of $1000 would result in payments totaling $3900. FINANCIAL AND OTHER STATISTICS 1 Table 1: Selected Macroeconomic Indicators, 2011 - 2020 *The GDP numbers for 2020 are prelimimnary Source: Bank of Zambia, Zambia Statistics Agency and Ministry of FinanceWhen applying for a Schengen medical visa from Zambia, you must also prepare the following documents: Medical certificate and a copy. ZAMBIA SELECTED ISSUES This Selected Issues paper on Zambia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. Working at Zanaco means you have the opportunity to have an impact and play a hand at shaping the. Commercial. List of Sort Codes For Zambian Banks companies and services in Zambia. In the event of permanent disability, death and retrenchment, your insurance policy will cover. banking, as it is being called, is currently the order of the day in Zambian banks. The leader of Zambia's Socialist Party, Fred M’membe, is accused of espionage, which he denies Image caption: The leader of Zambia's Socialist Party, Fred M’membe, is accused of espionage. 968345303 ZAR. The delegation reaffirmed the Bank’s partnership and support to the. Contacts: Bank of Zambia Bank Square Cairo Road P. ZAR. Kitwe 26 02 12. Manda Hill 26 00 14. Indo Zambia Bank Limited v Boaz Kadochi Chinkamba, SCZ Appeal No. The uniqueness of the report lies in profitability analysis and comparison with peer markets among others. zambiaalert@worldbank. 2 International poverty rate ($2. SCHEDULE II - BANK BRANCH AREA SORT CODES. Handy tips for filling out Indo zambia bank mobile banking app online. Christopher M. 25. In 2022, challenges in agriculture, mining, and construction slowed down the pace of post-pandemic recovery. INZAZMLX. 6 billion of local currency debt, $3. Zambia (CCC+/Stable/C) The Zambian banking system's capacity to fund the government is limited by its large exposure to the state, estimated at over one-third of total financial assets. 50 ZMW 39. Zambia Public Holidays 2024. Cavmont Bank Limited (CBL) Cavmont Bank headquarters is located in Lusaka and presently the bank has 250 employees and monitors 19 branches in Zambia. Payment Systems Statistics. Latest News. 7 percent. The team appreciates the invaluable technical inputs that many stakeholders brought to the assessment. 7bn last year, while total assets grew by 25. When buying US dollars or Zambian kwachas money transfer specialists typically offer better rates and cheaper fees than a local bank. 59/2020 and 94/2019 9) Continental Restaurant & Casino limited v Arida Mercy Chulu (2000) ZR 128 10) Philip Mhango v Dorothy Ngulube & Others (1983). This savings account offers attractive interest rates and other benefits to realize your savings goals with other value added features such as IZB Contactless Visa Card, SMS Alert, Mobile and Internet Banking facility. Cholera outbreaks are also a common occurrence. 00 K300. Bank of China (Zambia) is a 100% subsidiary of Bank of China which went through a successful initial public offer (IPO) and has resulted in Bank of China being a top tier globally listed bank. Zambian kwacha money currency Stock Photos and Images. 06-Dec-2022 CCC Affirmed Long Term Rating Rating History. Last modified on Thu 21 Sep 2023 07. 0. 36 million mobile cellular connections—or 80. 20. Balance of Payments Statistics. Christmas Day. Access Bank Zambia Limited 3. Tapping the potential of capital markets and. When buying US dollars or Zambian kwachas money transfer specialists typically offer better rates and cheaper fees than a local bank. Address. 5000 USD is equal to 116442 ZMW. PDF | On Jan 1, 2022, Kaoma Chashi and others published The Influence of the Fourth Industrial Revolution on Human Resource within the Zambian Banking Sector | Find, read and cite all the research. 8 Lower middle-income poverty rate ($3. R. US Dollar To Zambian Kwacha - Quick Conversions. Box 30080. Registered Commercial Banks. Mobile banking offers the opportunity to reach out to the current 3. Send money to Zambia with WorldRemit Use promo code 3FREE and pay no fees on your first 3 transfers. FIRST NATIONAL BANK ZAMBIA LIMITED. Steps on how to change your alert settings. The Currency Structure of 1973-1974Nkongolo Farm Limited vs Zambia National Commercial Bank and others (2007) Z. About Us; Monetary Policy; Financial Stability; Statistics; Research and PublicationsThe banking system in Zambia can be said to be influenced by western ideology, thus resulting an unbanked population because we as a country as still depend on banking 7 Martin brownbridge,’ financial policies and the banking system in Zambia’ 8 9 Patrick Meagher Doris mwiinga, ‘Zambia laws affecting. In the context of Zambia, these economic challenges have affected banks and NBFIs to varying. This is obviously part of the strategy to improve fiscal discipline and IMF’s economic program. Registering made easy. 3500: 23. 14. 00%. It is a commonly held view that the full impact of Zambia’s pre-Covid-19 economic challenges and the further complications brought on by the Covid-19 pandemic are only now becoming apparent. ZMW to USD currency chart. Rekha Chifuwe Mhango, at Radisson Blu Mosi-oa-Tunya Livingstone Resort. Follow US. 3400: 23. BACK TO TOP. 0 Gini indexa 55. As at 31 December 2021 , Bank X accounted for 13% and Bank Y accounted for 17%, of the Zambian banking sector's total assets and deposits, respectively. In the Zambian banking sector, the Bank of Zambia has been considered as the regulator of financial institutions. A beacon of excellence and partner of choice in development financing | About DBZ The Development Bank of Zambia (DBZ) was established in 1972 pursuant to section 3 of the DBZ Act Chapter 363 of the Laws of Zambia as a joint venture between the Government, Public Sector Financial Institutions, the local private sector and foreign. LUSAKA, May 17 (Reuters) - Zambia's central bank on Wednesday raised its key interest rate by 25 basis points to 9. Research interest in banking cost efficiency in developing countries has increased over the past years as researchers seek to evaluate the efficacy of reforms implemented in these countries. 6 billion owed to China’s EXIM Bank, and at least 18 entities responsible for credit lines to Zambia. Copies of this report are available to the public from Further, the Banking and Financial Services Act No. Free transfers to other banks and mobile wallets Send and receive money from other banks and mobile wallets in real-time. Payment Systems Statistics. National Holiday. 6. Free transfers to other banks and mobile wallets Send and receive money from other banks and mobile wallets in real-time. In Zambia, the bank currently controls 13 branches. 22. Mazabuka 26 36 13. Historically, surnames evolved as a way to sort people into groups - by occupation, place of origin, clan affiliation, patronage, parentage, adoption,. org. Address: Central Park Prestige Banking Farmers House, Lusaka, Zambia, Zambia. of Siana Strategic Advisors. 2 International poverty rate ($2. Login to view send rates. SUNDAY. Swift code (8 characters) FIRNZMLX. The interest rate for the. Furthermore, despite the policy of open doors to foreign financial institutions, which has been in place since Zambia’s independence, only a few new banking products have been introduced by foreign banks to serve the needs of households and firms. Text Table 2: External Debt Service by Creditor Class (on already disbursed debt as of end 2018) Sources: Zambian authorities and IMF staff calculations. 5700: 23. Investrust Bank Zambia Limited. Bank statements. Purpose – This study aims to evaluate the degree of competition in the Zambian banking sector in the wake of dynamic market shifts induced by entry of new foreign banks and privatisation of the state‐owned bank. This is a list of commercial banks in Zambia. It was established by the Building Societies. 0% in a decision announced on. 86 in thousands of US$ and total imports of 6,435,394. $6,005 raised of $125,000 goal $ Donate. The Bank’s mandate is to drive Zambia’s economic development. 793669061 ZAR. Zambia and the AfDB Since 1971, the Bank has committed more than US $1 billion to Zambia through mainly support towards public sector infrastructure projects in agriculture, industry, water and sanitation, energy, social sector (education and health), transport and multi-sector (primarily general budget support). Zambia’s economic freedom score is 47. Industrial Branch 26 00 02. Competitive Yields. Th. 5 million should be written off. Latest research from the World Bank on development in Zambia, including reports, studies, publications, working papers and articles.