The Minister of Finance, Hon. Alexander Chikwanda recently signed Statutory Instrument (SI) No. 35 of 2013 amending the effective date of the recently enacted SI No. 32 regarding the BOZ (Monitoring of Balance of Payments), Regulations 2013.
The issuance of Statutory Instrument No. 32 of 2013 on the Bank of Zambia (Monitoring of Balance of Payments) Regulations has come on the back drop of the recently amended BoZ Act and left Industry questioning key aspects of the regulations.
The Zambia Association of Manufacturers (ZAM), the Zambia Chamber of Small and Medium Business Association (ZCSMBA) and the Team Finland have formed a partnership to host the Zambia-Finnish Partnership Week from 17th to 22nd May, 2013.
IN EXERCISE of the powers contained in section fifty-seven of the Bank of Zambia Act [Laws, Volume 20, Cap. 360], the Minister of Finance Mr. Alexander Bwalya Chikwanda, MP, has signed a Statutory Instrument which will bring into force the Bank of Zambia (Monitoring of Balance of Payments) Regulations, 2013, with effect from 16th May, 2013. The main objective of the Statutory Instrument is to monitor Balance of Payments in a transparent and accountable manner.
The Zambia Revenue Authority (ZRA) representing the public sector of Zambia launched the Zambia Customs to Business Forum (NCBF) on 26th April 2013 to address concerns from the private sector regarding customs operations with the view to enhance trade facilitation.