By White Luhanga
Zambia has recorded a reduction in its national money laundering risk, moving from medium-high in 2016 to medium in 2025.
Attorney General Mulilo Kabesha attributed the improvement to reduced corruption levels and stronger institutional capacity to investigate, prosecute, and confiscate illicit assets.
Mr. Kabesha further noted that terrorism financing risk is now rated low, while proliferation financing risk stands at medium-low.
He was speaking in Lusaka during the launch of the Second National Risk Assessment Report on Money Laundering, Terrorism Financing, and Proliferation Financing, adding that the report will guide policy, regulatory, and operational priorities.
Meanwhile, Financial Intelligence Centre Director for Compliance and Prevention Diphat Tembo urged the public to familiarize themselves with the report.
And Ministry of Finance Accountant General and Anti-Money Laundering Taskforce Chairperson Nsandi Manza thanked stakeholders for their contributions to the completion of the report.
