Zambia's Ministry of Finance and National Planning has published the 2026 Budget Speech that was delivered by Minister Situmbeko Musokotwane to the National Assembly on 26 September 2025. The tax (revenue) measures include:
- The removal of the 5-year limit for the carryforward of excess (non-deductible) interest expenses exceeding the 30% of EBITDA restriction (assumed that the 10-year limit for mining companies would also be removed);
- Relief for micro, small, and medium enterprises through:…