Hmp general supplies and trader

07/09/2026

20/02/2026

The cost of doing business in Zambia is relatively high, and that affects both small and large enterprises.

Here are some key factors:

1. Value Added Tax (VAT) – 16%
Value Added Tax Act provides for VAT at 16% on most goods and services.

Businesses must charge VAT and remit it to the Zambia Revenue Authority (ZRA).

Delays in VAT refunds (especially for suppliers) can affect cash flow.

Consumers ultimately bear the cost, making goods expensive.

2. Bank Charges

Commercial banks in Zambia charge:
Monthly account maintenance fees

Transaction charges

High interest rates on loans

SMS and withdrawal fees

Since Zambia has limited banking competition in some districts (like rural areas), charges remain high.
Access to affordable credit is a major challenge for SMEs.

3. Electricity & Fuel Costs

Load shedding affects productivity.

Fuel price adjustments increase transport and production costs.

4. Compliance Costs

Businesses must comply with:

ZRA requirements

NAPSA contributions

Local council levies

Business levy and trading licenses

Each of these adds to operational expenses.

5. Exchange Rate & Import Costs

Because Zambia imports many finished goods and raw materials, exchange rate fluctuations increase costs of doing business.

The Impact

Prices of goods and services rise

Reduced competitiveness

Informal businesses increase

Investors may hesitate

Possible Solutions

Broaden the tax base instead of increasing rates

Reduce lending interest rates

Improve infrastructure (power, roads)

Encourage local production

High business costs eventually affect household income.

31/12/2025

23/12/2025

HMP General Supplies and Trader is a locally owned business dedicated to the supply of quality general merchandise, office and school materials, and assorted goods and services to both public and private institutions. The company operates with a strong commitment to reliability, affordability, and timely service delivery, guided by principles of integrity, professionalism, and customer satisfaction. By sourcing products responsibly and supporting local suppliers where possible, HMP General Supplies and Trader aims to build lasting partnerships while contributing to local economic development and meeting the diverse needs of its clients.

14/12/2025

We have stocked the following items, reams of paper, chalk,pens etc. Contact us on 0973626777.