Lesotho Revenue Authority Advances Operational Excellence in Strategic Retreat

Lesotho Revenue Authority Advances Operational Excellence in Strategic Retreat

The Lesotho Revenue Authority (LRA) successfully held a high-level strategic retreat to clarify strategic priorities, enhance leadership, and accelerate reform and modernization. The World Customs Organization, the World Bank, and the Finnish Customs Cooperation Fund provided support. The retreat strengthened the management team's cohesion and provided clear direction for the organization's future development. Key focus areas included improving tax administration, fostering effective leadership, and driving strategic growth initiatives to enhance the LRA's overall performance and contribution to Lesotho's economic development.

02/03/2026 Customs Knowledge
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Gambia Revenue Authority Streamlines Trade to Spur Economic Growth

Gambia Revenue Authority Streamlines Trade to Spur Economic Growth

The Gambia Revenue Authority is collaborating with the World Customs Organization to optimize customs operations and strengthen trade facilitation measures through the implementation of performance assessment mechanisms. These measures include Authorized Economic Operator (AEO) programs and coordinated border management. The goal is to enhance the national performance assessment system and promote economic development in The Gambia. This collaborative effort aims to improve customs efficiency and effectiveness, ultimately contributing to a more streamlined and competitive trade environment.

02/05/2026 Customs Knowledge
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DRC Zambia Launch Tradeboosting Customs Link

DRC Zambia Launch Tradeboosting Customs Link

The Democratic Republic of Congo (DRC) and Zambia are collaborating on a customs systems interconnectivity project at the Kasumbalesa border post to enhance cross-border trade efficiency. Supported by the World Customs Organization (WCO) and the German Development Cooperation (GIZ), the project has established a steering committee and developed a work plan. Data exchange is expected to commence in May 2025, significantly reducing trade costs and promoting regional integration. This initiative underscores the commitment of both nations to streamlining trade processes and fostering economic growth through enhanced customs cooperation.

01/20/2026 Customs Knowledge
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Zambia SWIFT Codes Simplify International Money Transfers

Zambia SWIFT Codes Simplify International Money Transfers

This article serves as a guide to finding SWIFT/BIC codes for international money transfers to Zambia. It explains the importance of SWIFT codes, methods for locating them, common issues encountered, and verification techniques. This guide helps users avoid transfer delays and errors, ensuring funds reach their destination in Zambia securely and efficiently. It covers practical tips and resources for accurately identifying the correct SWIFT code, minimizing the risk of misdirected payments and facilitating smoother international transactions.

09/02/2025 International Settlement
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Zambia Simplifies International Transfers With SWIFTBIC Guide

Zambia Simplifies International Transfers With SWIFTBIC Guide

This article provides a detailed explanation of the structure, lookup methods, and applications of SWIFT/BIC codes in Zambia. It addresses frequently asked questions to help readers understand and correctly use SWIFT/BIC codes for international bank transfers, ensuring secure and efficient cross-border financial transactions. Furthermore, the article explores the integration trends of SWIFT/BIC codes with financial technology, highlighting the evolving landscape of international banking and the role of these codes in facilitating modern financial operations.

09/02/2025 International Settlement
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Zimbabwe Zambia Enhance Trade with Customs Interconnectivity

Zimbabwe Zambia Enhance Trade with Customs Interconnectivity

Zimbabwe and Zambia are collaborating to advance customs interconnectivity, aiming to enhance cross-border trade efficiency, reduce costs, and promote regional economic growth through data exchange and process optimization. With the support of the World Customs Organization, both countries are actively building the infrastructure and legal framework for interconnectivity, creating a more convenient and efficient trading environment for businesses. This initiative promises to streamline customs procedures and foster closer economic ties between the two nations, ultimately contributing to increased trade volumes and sustainable development.

01/22/2026 Customs Knowledge
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WCO Enhances Customs Valuation in Rwanda and Uganda

WCO Enhances Customs Valuation in Rwanda and Uganda

The World Customs Organization (WCO) provided technical assistance on customs valuation to the Rwanda Revenue Authority (RRA) and the Uganda Revenue Authority (URA). This assistance included diagnostic missions, thematic workshops, and SYDONIA World module assessments. The aim was to strengthen the professional capacity of both countries in the area of customs valuation and to promote regional cooperation and exchange in the customs field.

01/26/2026 Customs Knowledge
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Lesotho Boosts Trade with Enhanced Customs Audits

Lesotho Boosts Trade with Enhanced Customs Audits

A high-level virtual workshop on Post-Clearance Audit was successfully conducted for the Lesotho Revenue Authority under the joint framework of HMRC, WCO, and UNCTAD. The workshop aimed to support developing countries in effectively implementing the WTO Trade Facilitation Agreement. It enhanced the professional skills of Lesotho Revenue Authority officials and fostered cooperation between customs and businesses, contributing to Lesotho's economic development. The training focused on modern PCA techniques and risk management strategies to optimize revenue collection and improve trade compliance.

01/26/2026 Customs Knowledge
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Zambia Enhances Secure International Transfers Via SWIFT Codes

Zambia Enhances Secure International Transfers Via SWIFT Codes

This article provides a guide to finding SWIFT/BIC codes in Zambia. It details the importance of SWIFT/BIC codes, methods for locating them, and the differences between SWIFT/BIC codes and IBANs. It also highlights the risks associated with using incorrect codes. Furthermore, the guide offers various methods for verifying SWIFT codes to ensure accurate international money transfers and prevent financial losses. The focus is on ensuring the reliability of international transactions involving Zambia.

09/02/2025 International Settlement
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