Residential ESS cost breakdown in Zambia 2026

Eskom Tariff Increases and the Impact on Residential

Eskom has implemented restructured residential electricity tariffs and new standard electricity tariff rates, effective from 1 April, resulting in an average electricity price increase of 12.74% for the 2025/26 financial year, and

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6 FAQs about [Residential ESS cost breakdown in Zambia 2026]

How much will Zambia spend on local government equalisation fund?

The Government will spend a total of K4.7 billion towards the Local Government Equalisation Fund to support all local authorities across the country in delivering key public services. Further, a total of K9.1 billion has been allocated to the Zambia Revenue Authority to enhance domestic revenue mobilisation. 135.

How much money has been allocated to the Zambia Revenue Authority?

Further, a total of K9.1 billion has been allocated to the Zambia Revenue Authority to enhance domestic revenue mobilisation. 135. To continue developing the country and empower more women and youths, Government has allocated a total of K15.4 billion to the Constituency Development Fund (CDF).

What is the government doing to help SMEs in Zambia?

Additionally, the Government has increased budgetary allocation to the Zambia Credit Guarantee Scheme to further facilitate access to affordable financing by SMEs. 62. The Government will also continue constructing industrial yards to accelerate enterprise development.

Is Zambia doing a debt restructuring exercise under the G20 common framework?

99. The Government has been undertaking an external debt restructuring exercise under the G20 Common Framework. A Memorandum of Understanding (MoU) was agreed in October 2023 with official creditors, marking a significant step towards restoring Zambia’s long-term debt sustainability.

How much money did Bank of Zambia outflow in 2022?

Notable outflows in 2022 included net Bank of Zambia foreign exchange sales for market support (US$1.5 billion), primarily for critical agricultural, petroleum, and health products, as well as other government uses (US$546.7 million).

How much money did Zambia spend on FISP?

Notable expenditures under this category included K20.8 billion towards the Farmer Input Support Programme (FISP), K15.5 billion as transfers to Grant Aided Institutions, K6.1 billion to Zambia Revenue Authority (ZRA) and K3.7 billion to the Local Government Equalisation Fund (LGEF). 36.