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ZAMBIA



ZAMBIA DESCRIPTION
260
CURRENCY: Kwacha (Kw).

EXCHANGE RATE: Kw 1,300 = US$1.

OFFICIAL LANGUAGE: English; Bemba, Tonga, Lozi, Luvale.

POPULATION: 9.1 million.

CAPITAL: Lusaka.

INTERNATIONAL CODE: TELEPHONE 260.

CURRENCY CONTROLS: The Zambian currency Kwacha is divided into Ngwee.There is a strict domestic currency control with a maximum of Kw 91,500 (equivalent to US$100) that can be legally imported or exported by bank transfer or in person.Foreign currency may be freely imported and exported, but amounts over US$5,000 must be declared.Reconversion of the Kwacha up to US$2,000 or equivalent is allowed.

GAMING INFORMATION: Zambia has 7 casinos.Casino gambling is governed by the Government Casino Act.The government agency controlling gaming is the Ministry of Finance, PO Box 50062, Lusaka.All the casino winnings are subject to taxation.Winnings up to Kw 100,000 are taxed 15%; winnings up to Kw 200,000 (17%); winnings up to Kw 400,000 (19%) and over Kw 400,000 (21%).Gaming winnings can be legally exported by authorization which must be obtained from the Central Bank.
Zambia attracts many visitors to the famous Victoria Falls, one of the natural wonders of the world, near Livingston.

ZAMBIA

LIVINGSTONE / VICTORIA FALLS
2 casinos
LUSAKA
5 casinos
NDOLA
1 casino



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