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The 1972 Securities Act revised to facilitate the establishment of the Securities Exchange. It was structured around models of a modern Stock Exchange with automated clearing and settlement facilities through a Central Securities Depository (CSD). [4] The Government of the Republic of Zambia (GRZ) provided grant financing to LuSE from 1993 till ...
A constitutional referendum was held in Zambia on 11 August 2016 alongside general elections, a move designed to reduce the cost of the referendum. [1] [2] Voters were asked whether they approve of proposed amendments to the bill of rights and Article 79, which dictates the process of future amendments. [3]
The Governor is the head of the Bank of Zambia. As of August 2022, the Governor serves a six-year term, which will be renewable for further term of six years, after being nominated by the President of Zambia and confirmed by the National Assembly of Zambia following a new legislation – Bank of Zambia (BOZ) Act No. 5 of 2022. [14]
Download QR code; Print/export Download as PDF; Printable version; ... Pages in category "2016 in Zambia" The following 2 pages are in this category, out of 2 total.
The Supreme Court of Zambia is the country's apex court on all matters, except those related to the constitution. Until 2016, the court was the highest court on all matters, but following the adoption of a new constitution in 2016, the Constitutional Court of Zambia was created with jurisdiction on matters related to the constitution and elections.
Zambian exports in 2006. Zambia is a developing country, and it achieved middle-income status in 2011.Through the first decade of the 21st century, the economy of Zambia was one of the fastest-growing economies in Africa, and its capital, Lusaka, the fastest-growing city in the Southern African Development Community (SADC). [18]
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Between 1972 and 1990, Zambia was a one-party state with the United National Independence Party (UNIP) as the sole legal party. [ 1 ] The current National Assembly, formed following elections held in 2021, has a total of 166 members. 156 members are directly elected in single-member constituencies using the simple plurality (or first-past-the ...