a tripartite report - Unctad
a tripartite report - Unctad
a tripartite report - Unctad
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ZAMBIA<br />
edence with regard to competition issues. In many<br />
instances, sector regulators preceded competition<br />
authorities and were thus given responsibility for<br />
competition issues in their respective sectors. Even<br />
in cases where new sector regulators have been created<br />
after competition authorities, most countries<br />
choose to assign them competition responsibilities<br />
Figure 1: Regulatory Environment in Zambia 157<br />
CAZ<br />
Local<br />
Authorities<br />
NWASC<br />
RDA<br />
ZDA<br />
ERB ZABS<br />
CC PC<br />
CEEC<br />
Source: Zambia Competition Commission Strategic Plan: 2008-2011<br />
In Zambia, like in most other countries, regulation<br />
cannot entirely be separated from competition<br />
law, as observed by the former ZCC in its Strategic<br />
Plan: 2008-2011. Regulation has often preceded<br />
competition law, and was used as a fundamental<br />
<br />
economic sectors.<br />
Of all the sector regulators in Zambia, four stand<br />
out as requiring cooperation with the Commission<br />
in the implementation of the country’s competition<br />
policy and law since they have some competition<br />
functions. These are the Pensions and Insurance Authority<br />
(PIA), the Zambia Information and Communications<br />
Technology Authority (ZICTA), the Energy<br />
Regulation Board (ERB), and the Bank of Zambia.<br />
The enabling Act of PIA is the Pension Scheme<br />
Regulation Act, 1996 (No.28 of 1996) (as amended<br />
137<br />
as a means of infusing and diffusing competition<br />
principles in the sector-regulatory regime.<br />
The regulatory environment in Zambia has grown<br />
considerably, with competition regulation by the<br />
Competition Commission occupying the centre of<br />
that environment, as shown in the Figure 1 below:<br />
ECZ<br />
PRA<br />
ZWMA<br />
GRZ<br />
Depts<br />
RTSA<br />
by Act No.27 of 2005). The broad functions of the<br />
Authority are to supervise and regulate the pensions<br />
and insurance industry in Zambia, and to<br />
license entities operating in the industry (i.e., pen-<br />
<br />
<br />
of its enabling Act include “in consultation with the<br />
Competition Commission to formulate and implement<br />
measures calculated to encourage healthy<br />
competition and eliminate unfair practices in the<br />
insurance and pensions industry”.<br />
ZICTA administers the Information and Communication<br />
Technologies Act, 2009 (ICT Act), as well as<br />
the Electronic Communications and Transactions<br />
Act, 2009, and the Postal Services Act, 2009. The<br />
basic functions of the Authority in terms of section<br />
6 of the ICT Act include the implementation and<br />
ZAMBIA