ZCFAA Proposes New Regulations for Transit Bonded Goods
The Zambia Customs and Forwarding Agents Association (ZCFAA) has called on the Government to introduce special warehousing regulations and procedural models for transit bonded goods.
Speaking at the National Consultations on the 2025 Budget and the 2025 to 2027 Medium Term Budget Plan in Lusaka last week, ZCFAA representative Gideon Phiri emphasized the need for changes to the current regulations, which he described as biased towards the bonding of goods for extended periods of up to 365 days before they are cleared for home consumption.
“The current system is not conducive for transit bonded goods. We propose a reduction in the pre-clearing requirements from five days to three days to streamline the processing of export documents in countries of supply,” said Mr. Phiri.
In addition to these changes, Mr. Phiri suggested the implementation of an open window period of three to five days, as opposed to the current fixed five-day restriction.
The ZCFAA’s proposals also include the establishment of intermodal transhipment hubs to support the Government’s vision of leveraging Zambia’s strategic position as a land-linked country.
According to Mr. Phiri, the private sector has made significant investments in this area, but a more flexible transhipment system, operating 24 hours under customs control, is essential.
“The introduction of these hubs and a 24-hour transhipment system will enhance trade facilitation, making Zambia a more attractive and competitive economy,” he explained.
Mr. Phiri concluded that these proposals aim to reduce the cost of doing business and sustain an environment conducive to increased Government revenue.
The ZCFAA believes that these measures will contribute significantly to the growth and attractiveness of the Zambian economy.