According to the Patents and Companies Registration Agency (PACRA) 2025 Annual Report, the Agency conducted a deregistration exercise during which 58,611 dormant and defunct entities were struck off the business register for failure to comply with statutory requirements. Speaking in an interview with Zambian Business Times – ZBT, economic expert, Naylor Kopakopa described the development as alarming, saying it reflects deeper weaknesses affecting Zambia’s small business sector. “The country’s economic growth is largely being driven by bigger players while many startups and small businesses continue to struggle to survive,” said Kopakopa. He added that low liquidity in the economy has...
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