Zambia Rated Fifth Best Investment Destination

Zambia has been rated fifth best investment destination in Africa and 67 out of 155 countries in the world. This is according to the latest report, Doing Business 2006, which was co-published by the World Bank and the International Finance Corporation (IFC).

In Africa Zambia is after South Africa, Namibia, Botswana, and Tunisia, while New Zealand tops the world with Singapore followed by the United States, Canada, Norway, Australia and Hong Kong in China.

According to report, the rankings on starting a business is the average of the country’s percentile rankings on the procedures, days, cost and paid-in minimum capital requirement to register a business. “And to protect the rights of creditors and investors, as well as establish or upgrade property and credit registries, more regulation rather than less is needed to have a high ranking,” the report says.

“It should be understood that the ranking index is limited in scope to account for a country’s proximity to larger markets, quality of infrastructure services other than cross-border trading.”

So invest in Zambia especially in safari enterprises such as lodges, hotels and safari tours. It makes good business sense. Like I always say take the advantage of being the first in. Imagine the remoteness of the real Africa in pristine wilderness but not too far from cell phones, satellite TV, etc …and in close proximity to wildlife. It’s the best of both worlds.