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Investment & Legal Framework
Kawambwa-Lumangwe falls, somany hidden delights to be discovered in Zambia’s 19 National Parks
Hotel Licence
The Ministry of Tourism through the Hotels Board
may issue a hotel licence to the applicant upon
submission of the following documents:
• Tourist Enterprise Licence
• Health permit and fire safety certificate from the
local council
• Liquor licence from the local council
The Accommodation amenities, furniture, and
equipment must be in place for a final inspection
from the Hotels Board of the premises.
Mining Sector
The Ministry of Mines and Mineral Resources is
responsible for the issue of permits and licences
relating to investment in the mining sector. The
licences and permits issued include large scale
mining, small scale mining, and prospecting li-
cence, along with prospecting permits, retention
licences, gemstone licences, gemstone sales
certificates, artisan’s mining rights and the recon-
naissance permit.
Applications for the aforementioned permits and
licences must be supported by the following docu-
ments:
• Topographical maps of the area
• Certificate of incorporation and articles of associa-
tion
• Photocopies of passports of directors and share-
holders
• Bank statements and reference letters from appli-
cants’ bank
• Programme of operations and estimated costs
• Statement of mineral deposit in the mining area
The Financial Sector
The Bank of Zambia, as the Central Bank and an
agency for executing government’s monetary policy,
is responsible for the issuance of banking licences.
The applicants for a banking licence should meet the
following requirements:
• Minimum capital of K12.5 billion for banks and
K250 million for non-bank financial institutions
• Complete questionnaire for principal managers and
directors
• Disclose any criminal record for all principal man-
agers and directors