By Cecilia Chiluba/Zambia/Lusaka
Zambia’s economy is poised for stronger growth, with projections indicating a five percent expansion in 2025 and a possible acceleration to above six percent by 2026, driven largely by trade-facilitating reforms and strategic investments.
Secretary to the Cabinet Patrick Kangwa said the positive outlook reflects the impact of policies aimed at improving the business environment and enhancing trade efficiency.
Mr. Kangwa said this in Lusaka, during the signing of an agreement between the Zambia Revenue Authority (ZRA) and United Nations Conference on Trade and Development (UNCTAD).
Mr. Kangwa noted that as the country enters an exciting era of potential growth and development, efficient trade systems will play a central role in sustaining economic momentum.
He said increasing levels of economic activity and cross-border trade require modern, reliable customs management systems to ensure smooth trade flows, revenue mobilization and competitiveness.
““As we conclude the final quarter of 2025, various indicators suggest our economy is poised for significant advancements, with projected growth of 5 percent reflecting the positive impact of strategic investments and comprehensive policies that facilitate trade.”
According to Mr. Kangwa, investments in trade infrastructure and digital systems are already yielding dividends, positioning Zambia for stronger medium-term growth.
He explained that targeted efforts to diversify the economy and reduce dependence on traditional sectors are expected to support higher and more resilient growth rates, underpinned by expanding regional and international trade.
“Over the next few years, we anticipate an accelerated pace of economic growth, driven by our commitment to improving the business environment, enhancing trade relations, and fostering an entrepreneurial spirit within our communities,” he added.
Mr. Kangwa made the remarks on the backdrop of the ASYCUDA Stabilization Project, supported by a US$650,000 grant from Trade Mark Africa, which aims to upgrade and stabilize Zambia’s customs management system.
“This collaboration is more than just a financial investment, it represents a united front where partners come together to create a better future for our nation’s trade landscape. It reflects our shared commitment to fostering an environment that supports economic growth, facilitates cross-border commerce, and enhances the global competitiveness of Zambian businesses.”
“Today, as we sign this contract, let us also reaffirm our dedication to transparency, accountability, and collaboration. We must ensure that the upgrades and enhancements to the ASYCUDA system are fully operationalized and effectively utilized,” he said.
The Secretary to the Cabinet emphasized that an efficient and modern customs system is a cornerstone for sustaining economic growth, particularly as trade volumes increase, adding that the successful implementation of such reforms would reinforce Zambia’s trajectory toward inclusive and sustainable economic development.
