Zambia Institute Of Chartered Accountants [zica]

What Zambia Institute Of Chartered Accountants [zica] does

Zambia Institute of Chartered Accountants (ZICA) is a statutory professional body established in 1982 under the Accountants Act and reconstituted under the Accountants Act of 2008, with exclusive regulatory authority over the accountancy profession in Zambia. Its core mandate is to set qualifying standards, deliver the Chartered Accountant (CA) Zambia designation through structured training and examinations, register and license members, enforce continuing professional development (CPD), and discipline members. The institute is affiliated with the International Federation of Accountants (IFAC), the Pan African Federation of Accountants (PAFA), and Chartered Accountants Worldwide, which support reciprocal recognition and international mobility of its members.

The institute operates an education and examination pipeline for aspiring chartered accountants, a member portal for subscription management and CPD delivery, and a member directory and disciplinary function. Its three revenue streams are (i) annual membership subscriptions from qualified members, (ii) tuition and examination fees from CA Zambia candidates, and (iii) property development income routed through ZICA Properties Limited and the ZICA Property Fund. The flagship non-core initiative is the US$300 million Shungu Namutitima International Convention Centre, a 5,000-seat MICE and hospitality development in Livingstone being delivered with China State Construction Engineering Corporation and Time Projects, representing a material diversification into real estate and tourism infrastructure.

ZICA's customer base is structurally captive: only ZICA-licensed members may sign statutory audits in Zambia, and the CA Zambia qualification is effectively the sole domestic route to senior finance roles across the Zambian public and private sectors. The April 2026 curriculum revision is positioned to modernize the qualification, but no AI, data, or digital-native technology components are evidenced in the available data.

Name

Zambia Institute Of Chartered Accountants [zica]

Legal name

Zambia Institute of Chartered Accountants

Website

https://zica.co.zm

Company type

Private

Founded year

1982

Operating status

Operating

Short description

Zambia Institute of Chartered Accountants (ZICA) is a statutory professional body, established under the Accountants Act of 2008, that regulates chartered accountants in Zambia, awards the CA Zambia qualification, and runs a US$300M convention centre project in Livingstone.

Ownership category

akta.pro rank

Product category

Professional Accounting Certification and Education

akta.pro industry

PRIMARYEDAAANAD

Finance, Accounting & Risk (CFA/CPA/FRM) Certifications

Education/Adult & Continuing Education/Professional Certification Programs

SECONDARYEDAAALAA

Accounting, Audit & Tax (CPA/CA/ACCA CPE)

Education/Adult & Continuing Education/Professional Licensure & Continuing Professional Education (CE/CPE)

SECONDARYBPAIAEAD

Government Accounting & Financial Reporting

Business & Public Services/Public Sector & Government Administration/Public Finance, Treasury & Procurement

Keywords

• Professional accountancy education
• Chartered accountant qualification
• Accountancy professional regulation
• Continuing professional development
• Membership certification body

Headquarters

HQ city

Lusaka

HQ country

Zambia

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Membership Subscriptions: Annual membership fees due on January 1st each year, with invoices issued in December and uploaded to individual member portals
2. Education and Examination Fees: Revenue from CA Zambia programme, Diploma in Accountancy, Post Graduate Diploma in Taxation, and associated examination fees
3. Property Development: Property Fund investments and development projects including Accountants Park and the Shuungu Namutitima International Convention Centre

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

ZICA is the statutory body representing and regulating all chartered accountants in Zambia, established under the Accountants Act of 2008. It delivers professional accountancy education through the CA Zambia qualification, Diploma in Accountancy, and Post Graduate Diploma in Taxation programmes, while providing membership services, CPD compliance management, and practitioner regulation through an online member portal.

Product overview

ZICA operates as a professional regulatory body offering a portfolio of accountancy education programs (CA Zambia professional qualification, Diploma in Accountancy, Post Graduate Diploma in Taxation) alongside member services delivered through the ZICA Portal platform. The organization also manages a Property Fund collective investment scheme and is developing the Shungu Namutitima International Convention Centre in Livingstone as a hospitality and tourism initiative. The product ecosystem spans professional education, member compliance management, and diversified property investments.

Differentiator

Problem solved

Functional benefit

Products and services

• CA Zambia Professional Qualification Professional chartered accountancy qualification program preparing candidates for careers in accounting, audit, finance, and business management. Covers financial accounting, management accounting, auditing, taxation, and strategic business analysis across multiple levels. For university graduates in accounting and finance and prospective chartered accountants.
• Diploma in Accountancy Foundational educational program in accountancy providing students with fundamental accounting knowledge and skills as a stepping stone to professional qualifications. For students seeking entry-level accountancy education.
• Post Graduate Diploma in Taxation Specialized postgraduate program in taxation covering direct taxes, indirect taxes, international taxation, transfer pricing, and tax audit and investigation. For tax practitioners and accounting professionals seeking specialized tax expertise.
• ZICA Member Portal Online member portal enabling chartered accountants and students to submit CPD returns, make payments (VISA, Mobile Money, offline, and bulk payments), verify member status, and manage professional compliance requirements. For ZICA members and students.
• ZICA Property Fund Collective investment scheme administered by ECR for development and construction of real estate properties, including the Accountants Park commercial complex. For investors participating in ZICA's property investment portfolio.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core, minor and flagship.

• China State Construction Engineering Corporation LimitedcoreStrategic or Co-development Partner · 1 January 2019Construction contractor engaged by ZICA to construct the Shuungu Namutitima International Convention Centre, five-star hotel, three-star hotel, 10 presidential villas, and 18-hole championship golf course on 103 hectares of land in Livingstone. The project is supervised by Green Code Architects.
• Time Projects Property LimitedcoreStrategic or Co-development PartnerProperty development partnership for Accountants Park - Design, Finance, Build, Operate and Transfer arrangement for ultra-modern multi-purpose commercial property complex.
• Green Code ArchitectsminorStrategic or Co-development PartnerArchitecture firm headed by Mr. Kelly Kalumba providing supervision for the Shuungu Namutitima project construction.
• International Federation of Accountants (IFAC)flagshipStrategic or Co-development PartnerGlobal organization for the accountancy profession. ZICA is a member, connecting Zambian accountants to international standards and networks.
• Pan African Federation of Accountants (PAFA)flagshipStrategic or Co-development PartnerPan-African organization for accountants. ZICA participates in continental accounting standards and professional development initiatives.
• Chartered Accountants WorldwideflagshipStrategic or Co-development PartnerGlobal network connecting chartered accountant bodies worldwide, facilitating international recognition and mobility for ZICA members.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• ACCA (Association of Chartered Certified Accountants): Global chartered-accountancy body offering the ACCA qualification, with significant African student base. Comparable as a competing professional certification provider (CPA/ACCA-style) but operates globally rather than as a single-country regulator.
• CPA Australia: Large Asia-Pacific professional accounting body with growing African footprint. Comparable as a CPA-style certification competitor with online delivery into markets like Zambia.
• CIMA (Chartered Institute of Management Accountants): Global professional body for management accountants and IFAC member. Comparable as a competing chartered-accountancy qualification provider with global reach and CPD infrastructure.
• ICAEW (Institute of Chartered Accountants in England and Wales): Major global chartered-accountancy institute and IFAC member. Comparable in mandate and product offering (ACA qualification, CPD, member services), but UK-rooted and serving an international rather than single-country statutory mandate.

Emerging players

• ISACA (Information Systems Audit and Control Association): Global professional association for IT governance, audit and cybersecurity (CISA/CISM certifications). Adjacent peer serving accountants and auditors with technology-focused credentials, overlapping ZICA's broader CPD/technical audience.

Direct peers

• Institute of Chartered Accountants of Zimbabwe (ICAZ): Statutory chartered-accountancy body for Zimbabwe and PAFA/IFAC member. Closely comparable as a regional African CA institute with the same not-for-profit, statutory regulatory model.
• South African Institute of Chartered Accountants (SAICA): Statutory chartered-accountancy institute for South Africa. Directly comparable as a fellow African PAFA/IFAC member that regulates its national profession, runs a flagship CA(SA) qualification, administers CPD and operates member services.
• Institute of Chartered Accountants of Nigeria (ICAN): Statutory professional accountancy institute for Nigeria and a fellow African IFAC/PAFA member. Comparable in mandate (licensing, education, CPD), product (professional CA qualification and examinations), and not-for-profit membership model.
• Institute of Chartered Accountants, Ghana (ICAG): Statutory chartered-accountancy body for Ghana and PAFA/IFAC member. Comparable national-scope regulatory mandate, CA qualification programme and member portal/CPD operations.
• Institute of Certified Public Accountants of Uganda (ICPAU): National professional accountancy institute for Uganda and fellow PAFA/IFAC member. Directly comparable on regulatory remit, CPA qualification and CPD/membership services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ZiCAOfficial
• LinkedInlinkedin.com/company/zicamunobe

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zambia Institute Of Chartered Accountants [zica]