Bordered by several African economies namely Angola, Botswana, Democratic Republic of Congo, Malawi, Mozambique, Namibia, Tanzania, and Zimbabwe, Zambia is a landlocked and resource-rich country with high potential in various sectors such as agriculture, hydroelectric, and minerals to boost economic growth.
As the country develops further, many organisations that want to establish their branches in Zambia look for assistance in employment outsourcing. Africa HR Solutions is your go-to HR outsourcing expert providing a diverse range of solutions to help you move seamlessly. Our Zambia HR outsourcing services include Professional Employer Organisation (PEO), Employer of Record, payroll outsourcing, and various ancillary solutions to ensure a successful implementation of your international business footprint in the country.
Country Profile - Zambia
Population: 17.4 mn
Gross Domestic Product (GDP): $19.32 bn
GDP Growth: 3.8%
Inflation: 7.5%
Foreign Direct Investment (% of GDP): 1.5%
Unemployment Rate: 7.2 %
Capital: Lusaka
Currency: Zambian kwacha
Languages: English
Zambia's Economy
Considered as a landlocked economy, Zambia shares borders with eight African countries namely Angola, Botswana, Democratic Republic of Congo, Malawi, Mozambique, Namibia, Tanzania, and Zimbabwe. Zambia is a resource-rich country with mineral wealth such as copper, cobalt, uranium, gold, diamonds, manganese. Tobacco and maize are part of the country’s agricultural wealth and Zambia is known to have huge potential in the hydroelectric industry as well. It is one of the world’s youngest countries by median age and Zambia is currently experiencing a significant demographic shift.
Interesting Facts About Zambia
Zambia is home to stunning wildlife for visitors to discover
Victoria Falls is one of the largest and most amazing waterfalls in the world
The national symbol of the country is the African fish eagle
The staple carbohydrate of Zambia is ‘Nshima’, which is made from corn
Public Holidays in Zambia
New Year’s Day
International Women’s Day
Youth Day
Good Friday
Easter Monday
Labour Day
African Freedom Day
Heroes’ Day
Unity Day
Farmers’ Day
National Day of Prayers
Independence Day
Christmas Day
Employment in Zambia
Employment contracts are recommended in Zambia, which can be made in both verbal or written formats. Most people choose a written agreement that consists of all information about their job position – a monthly wage, compensation, leaves, bonus if applicable, and termination details. Being the leader in HR outsourcing in Africa, we provide a comprehensive offering to ensure your business expansion to Zambia is seamless and aligned to all regulatory aspects. We also help you in crafting a competitive benefits scheme to attract the best talent to your organisation while you focus on running your business with peace of mind.
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