Skip to content Skip to footer

An analysis of the Zambian Corporate Insolvency Act No. 9 of 2017

Overview

This alert sets out the key provisions of the Zambian Corporate Insolvency Act No. 9 of 2017.

Traditionally, insolvency legislation in Zambia has been part of the Companies Act Chapter 388 of the Laws of Zambia. In 2017 the Parliament of Zambia enacted the country’s first stand-alone Corporate Insolvency Act No. 9 of 2017. The new legislation was brought into force through a Commencement Order, Statutory Instrument No. 47 of 2018, issued in June 2018. The prescribed forms for the implementation of the act were issued in July 2019, through statutory orders No. 40 and 41 of 2019.

 

 

Woman reading about the Zambian Corporate Insolvency Act on her phone

Contact us

Andrew Chibuye

Andrew Chibuye

Country Senior Partner, PwC Zambia

Tel: +260 (0) 211 334 000

Moonga  Hamukale

Moonga Hamukale

Senior Manager, PwC Zambia

Tel: +260 211 334000

George  Weru

George Weru

Partner, PwC Kenya

Tel: +254 20 285 5000

Malvi  Chavda

Malvi Chavda

Manager , PwC Zambia

Tel: +260 (0) 211 334 000

Follow us