Public Management

Zambia suspends music and film equipment import duties

Zambia suspends music and film equipment import duties
Monday, 06 February 2023 16:21

The move aims to support creative industries in a context where many African countries are looking for strategies to support that industry.

Zambia has suspended import duties on film and music equipment, President Hakainde Hichilema recently announced on Twitter. The government official's Tweet also mentions the equipment concerned, notably projectors, cameras, and headphones.

Parties seeking the suspension need to send an application letter to their respective arts associations, stating the equipment concerned. Only after the association has responded to the application can a party proceed with the acquisitions. The Tweet also warns that the equipment whose acquisition benefits from the import duty suspension can not be resold.

The initiative was positively welcomed on social media but some users believe it should have been directed toward sectors like agribusiness and energy to bring costs down.

Servan Ahougnon

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Government authorizes up to CFA1,650 billion in new borrowing Funds to cover unpaid state bills and finance development projects Public debt rises to...
Non-performing loans exceed 16% of total bank credit in the Cemac BEAC warns of elevated systemic risk across the regional banking system New credit...
Government plans a new IMF-backed growth program after a two-year suspension Talks follow high-level exchanges between Gabonese authorities and the...
Client portfolio slipped 0.4% in Q3, but remains up 10.4% year to date Equity, deposits, and lending all posted solid growth Sector remains...
Most Read
01

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
02

Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...

Microfinance: Deposits in Togo Rise 2.7% in Second Quarter of 2025
03

Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...

Stripe-Owned Paystack Enters Nigerian Microfinance Banking Via Acquisition
04

Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...

Tether and UNODC Launch Digital Asset Cybersecurity Initiative in Africa
05

Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...

Amazon wins approval to enter Nigeria’s satellite internet market
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.