Investment guarantees in Zambia

Investment guarantees in Zambia

The Zambia Development Agency Act assures investors that property rights shall be respected. No investment of any description can be expropriated unless Parliament has passed an Act relating to the compulsory acquisition of that property. Also, in case of expropriation full compensation shall be made on market value and shall be convertible at the current exchange rate.

Zambia is a signatory to the Multilateral Investment Guarantee Agency (MIGA) of the World

Bank and other international agreements

This guarantees foreign investment protection in cases of war, strife, disasters, and other disturbances or in cases of expropriation.

Last modified on Thursday, 24 October 2013 14:07

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