Basis of economic policies — Constitution of Zambia Act, 1991 | Esheria AI

Constitution of Zambia Act, 1991

Basis of economic policies

Status: in_forceRetrieved: 2026-08-18T06:53:14.477865+00:00Release: constitutions-global-20260821-v2
Basis of economic policies (1) The Government shall create an economic environment which encourages individual initiative and self- reliance among the people, so as to promote investment, employment and wealth. (2) The Government shall promote the economic empowerment of citizens so that they contribute to sustainable economic growth and social development. (3) The Government shall promote local and foreign investment and protect and guarantee such investment through agreements with investors and other countries. (4) The Government shall not compulsorily acquire an investment, except under customary international law and subject to Article 16 (1). (5) Where the investment compulsorily acquired under clause (4) was made from the proceeds of crime no compensation shall be paid by the Government. [Part II amended by Act No. 18 of 1996 and substituted by section 3 of Act 2 of 2016] Part III – Protection of the fundamental rights and freedoms of the individual

Source and rights

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Provenance

retrievedAt
2026-08-18T06:53:14.477865+00:00
Open upstream source

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