Search

Zambia sets sights on $12 billion revenue surge by 2028 in tax overhaul

Photo by katsuma tanaka © Unsplash Zambia
Photo by katsuma tanaka © Unsplash
  • Zambia aims to grow domestic revenue by nearly 30% by 2028, reaching 22.8% of GDP
  • Analysts warn tax expansion may reduce household spending power

 

LUSAKA, ZAMBIA – Zambia has set bold revenue targets in its 2026–2028 Medium Term Plan, projecting a nearly 30% rise in domestic earnings – from K213.3 billion ($9.1 billion) next year to K274.8 billion ($11.8 billion) by 2028 – as the government pursues aggressive tax reforms to restore fiscal stability.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
Read More »
A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »

Recent Politics

Fishing boats in Essaouira Harbor, Morocco. Photo by Hamza Laafou @Pexels
Can Tangier rescue Morocco from Casablanca’s port congestion?
Read More »
Prime Minister Abiy Ahmed inaugurated the dam. Photo by Office of the Prime Minister - Ethiopia
Has Ethiopia won the Nile argument? Washington returns
Read More »
A lively street protest in Nigeria with activists waving flags and holding signs. Photo by Tope J. Asokere @Pexels
Can Nigeria contain election cash? CBN rebuilds inflation defences
Read More »

Latest Posts

Latest news insights