RSM Zambia

Sometimes the smallest gestures make the biggest difference. 🍽️

Last Friday, we surprised our audit team with lunch, a simple thank you for their dedication during one of the busiest times of the year.

Busy season asks a lot of our people, and moments like these remind us why recognition matters. When we take care of each other, we do our best work together.

To our audit team: thank you for your hard work, energy, and commitment. We see you, and we appreciate you. 💙

Please note that our office will be closed today as our team takes time to exercise their right to vote.🗳️

At RSM Zambia, we believe in supporting our people to participate in the democratic process and make their voices heard.

Thank you for your understanding.

𝐉𝐨𝐡𝐧 𝐌𝐰𝐚𝐥𝐞 𝐚𝐩𝐩𝐨𝐢𝐧𝐭𝐞𝐝 𝐚𝐬 𝐀𝐬𝐬𝐨𝐜𝐢𝐚𝐭𝐞 𝐃𝐢𝐫𝐞𝐜𝐭𝐨𝐫 – 𝐀𝐮𝐝𝐢𝐭 𝐚𝐧𝐝 𝐀𝐬𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐚𝐭 𝐑𝐒𝐌 𝐙𝐚𝐦𝐛𝐢𝐚

We are delighted to welcome John Mwale (FCCA, FZICA) to RSM Zambia as Associate Director – Audit and Assurance.

John brings more than a decade of local and international experience across audit, advisory and financial reporting. His career includes senior leadership roles at BDO Zambia and nearly four years at BDO USA LLP in New York, where he led engagements across mining, banking, energy, agriculture and internationally listed companies.

“We are delighted to have John on board and wish him every success in his new role,” said Given Ian Ncube, Managing Partner, RSM Zambia.

John’s appointment reflects our continued commitment to strengthening our audit and assurance practice and delivering exceptional value to our clients.

Please join us in welcoming John to the firm.

Read more about this appointment: https://www.rsm.global/zambia/news/rsm-zambia-appoints-john-mwale-associate-director-audit-and-assurance

𝐂𝐨𝐮𝐥𝐝 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐡𝐚𝐯𝐞 𝐜𝐫𝐞𝐚𝐭𝐞𝐝 𝐚 𝐏𝐞𝐫𝐦𝐚𝐧𝐞𝐧𝐭 𝐄𝐬𝐭𝐚𝐛𝐥𝐢𝐬𝐡𝐦𝐞𝐧𝐭 𝐢𝐧 𝐙𝐚𝐦𝐛𝐢𝐚 𝐰𝐢𝐭𝐡𝐨𝐮𝐭 𝐫𝐞𝐚𝐥𝐢𝐬𝐢𝐧𝐠 𝐢𝐭?

Six months after the introduction of Zambia's Anti-Fragmentation Rule, businesses with cross-border operations should take the opportunity to reassess their structures and evaluate whether their activities could inadvertently create a Permanent Establishment (PE).

In our latest article, Prasitha Prasad explores the purpose of the Anti-Fragmentation Rule, its impact on multinational groups and foreign enterprises operating in Zambia, and the practical compliance considerations businesses should be aware of. The article also outlines the key steps organisations can take to identify and manage Permanent Establishment risks before they become costly tax exposures.

📖 Read the full article here: https://www.rsm.global/zambia/rsm-zambia-insights/zambias-anti-fragmentation-rule-six-months-assessing-your-permanent-establishment-risk

Expanding into a new market brings exciting opportunities, but it can also create unexpected tax obligations.

Whether your business is providing engineering, consulting, construction, technology, or other professional services across borders, understanding your local tax obligations before work begins is essential. Requirements such as VAT registration, appointing a local tax representative, and meeting compliance obligations can vary depending on the nature and duration of the project.

Many organisations focus on delivering the project while overlooking the tax implications of operating in a new jurisdiction. This can lead to unexpected compliance requirements, delays, and additional costs that could have been identified and managed from the outset.

At RSM Zambia, we help businesses navigate cross border tax obligations with practical, commercially focused advice, enabling them to enter new markets with confidence and remain compliant with local tax legislation.

If your business is planning to undertake projects in Zambia or expand into new markets, speak to our tax specialists to understand your obligations before work begins: https://www.rsm.global/zambia/service/tax



𝐏𝐫𝐞𝐩𝐚𝐫𝐢𝐧𝐠 𝐟𝐨𝐫 𝐈𝐅𝐑𝐒 𝟏𝟖: 𝐀 𝐍𝐞𝐰 𝐄𝐫𝐚 𝐨𝐟 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐑𝐞𝐩𝐨𝐫𝐭𝐢𝐧𝐠

The introduction of IFRS 18 marks one of the most significant changes to financial statement presentation in over a decade. While it does not change how financial information is recognised or measured, it introduces a new structure for presenting profit or loss, enhances transparency, and brings greater scrutiny to management-defined performance measures.

With the standard becoming effective for annual reporting periods beginning on or after 1 January 2027, now is the time for businesses to assess the impact on their reporting processes, financial systems, and performance reporting.

In this edition of RSM Insights, Misheck Ncube breaks down the key changes under IFRS 18 and what organisations should be doing today to ensure a smooth transition.

👉 Swipe through to explore our insights by Misheck Ncube and discover what your business needs to know to stay ahead of the changes.

Happy Farmers' Day! 🌾

Today, we celebrate the farmers whose dedication and hard work sustain our nation. From the fields to our tables, your efforts feed families, strengthen communities, and contribute to Zambia’s economic growth.

To every farmer across Zambia, thank you for the resilience, passion, and commitment behind every harvest. At RSM Zambia, we are proud to celebrate and support the people who help our nation grow.

Today, we celebrate the connections that make us stronger. Happy International Day of Friendship to the colleagues, clients, and communities who inspire us every day.

Here's to understanding one another and moving forward together.

Retirement is more than reaching a milestone. It's about ensuring your wealth continues to support the life you want to live.

Building wealth, protecting it, and preparing for retirement require a long-term perspective. As financial priorities evolve, so do the decisions surrounding investments, succession planning, tax considerations, and preserving wealth for future generations.

At RSM Zambia, we help individuals, business owners, and organisations develop wealth management strategies that provide clarity, confidence, and long-term financial security. By aligning financial planning with your personal and business goals, we help you prepare not only for retirement, but for every stage of your financial journey.

Because successful wealth management is not just about growing assets, it's about creating lasting financial confidence.

Start the conversation today: https://www.rsm.global/zambia

We’re proud to celebrate Misheck Ncube, Olivia Chipofya, and Edson Bwalya on successfully completing the ISO 27001:2022 Lead Auditor Certification.

This achievement strengthens their expertise in Information Security Management Systems (ISMS), audit practices, and global information security standards.

At RSM Zambia, we believe continuous learning and professional development are essential to delivering exceptional value to our clients and building our capabilities as a firm.

As an ISO 27001:2022 certified firm, we remain committed to upholding the highest standards of quality, security, and continuous improvement. By investing in our people, we strengthen the support we provide to clients while continuously enhancing our own processes.

We look forward to seeing the impact of these skills as we continue succeeding together.