There is over reliance on the production and export of copper. Fluctuations in world copper prices have seriously affected the economy. Agriculture is another vibrant sector that employs more than two-thirds of the work force. Investing in Zambia Lucrative investment sectors are mining and agriculture. This sector employs a very small workforce.
Government still controls all or most of the large-scale manufacturing industries.
Pressure is mounting for rapid privatization in order to attract foreign investment. The government has several incentive schemes for foreign investors that mainly give tax and capital allowances. One exciting incentive is that all Exchange Controls have been abolished. Income from farming to be taxed at lower rates. Structures used for manufacturing and mining qualify for a wear and tear allowance.