Corruption is said to be one of the oldest vices in the world. Zambia is not spared of this vice, not even after declaring ourselves a Christian Nation.
Our rating on the Transparency International Corruption Perception Index for 2004 was 2.6, fairly or unfairly (10 = Highly Clean, 0 = Highly Corrupt). What ever the case, it is not flattering.
In the World Bank report on Zambia: An Assessment of Investment Climate of May 2004, corruption was listed as a major or severe constraint to doing business in Zambia by companies and was ranked No 7. Cost of finance was ranked No 1.
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