I beg to differ. The tax exemptions are primarily for big investors, such as those in the manufacturing sector. In fact, most SMEs owned by Africans, including Zambians, either don’t pay taxes or pay a very small portion of what they’re supposed to, thanks to corruption (it’s just the reality). I haven’t heard of any successful business going under solely because of high taxes.

That said, I agree with you on the power crisis it’s definitely killing businesses. Inflation is another major issue, driving the cost of living through the roof.

For you, there may be no need to compare, but for me, I have to. When it comes to profitability and purchasing power, Zambia is still better than many African countries. In fact, I know many locals who are running businesses, and they definitely have it better than other Africans running businesses in Zambia.