Zambia has been a hot spot of claims, whether political or commercial, for the past few years. Turning around the local economy and improving investor confidence, the country established new, quicker and more efficient means of dispute settlement.
The President of the Republic of Zambia, Mr. Hakainde Hichilema, officially launched the Lusaka International Arbitration Centre (LIAC) on 5 April 2024. This institution will provide immediate resolution of commercial disputes outside the courts of law. With the establishment of the Lusaka International Arbitration Centre, Zambia aims to position itself as a hub for dispute resolution in the region, potentially boosting its appeal as a destination for international business transactions. This move reflects Zambia’s commitment to enhancing its legal and commercial infrastructure to support economic development.
RA is excited to embrace this fresh avenue for resolving disputes.
Do you currently have a dispute that requires our assistance in Zambia or within the SADC region? RA is dedicated to supporting you with your requirements. We have a track record of empowering exporters since 2009.
Zambia’s legal system provides a strong foundation for enforcing foreign judgments, making it an attractive option for parties who secure judgments or arbitration awards abroad. English law governs in Zambia, and the country is also a signatory to the New York Convention on the Enforcement of Arbitration, further bolstering its appeal for international legal matters.
Count on us for assistance with investigations, amicable dispute resolutions, and litigation. In addition, we can assist with Due Diligence, KYC and Contract Preparation/Structuring, as well.
For more assistance with queries in Zambia and or the SADC region please contact [email protected].
