Economic regulation key to fair competition, aviation growth, Zambia CAA says

“This initiative is not intended to disadvantage any service provider. On the contrary, credible data helps create a predictable regulatory environment in which businesses can plan and compete fairly, investors can make informed decisions and consumers can be protected,” Luembe said.

He said accurate industry data would enable the CAA to make fair, transparent and evidence-based regulatory decisions.

The information would also help the authority assess market trends, identify connectivity gaps, determine investment needs and understand operating conditions across the sector, he said.

Luembe said the information would allow the CAA to develop regulatory interventions based on the actual needs of the aviation industry.

“The submission of statistical and financial information was provided for under Section 166A of the Civil Aviation Act No. 5 of 2016, as amended, and was essential for effective economic regulation, planning and industry development,” he said.

Luembe assured stakeholders that commercially sensitive information would be handled responsibly in accordance with applicable laws, including the Data Protection Act No. 3 of 2021.

He said the CAA would continue engaging, educating and guiding industry stakeholders to ensure the reporting framework was implemented practically and transparently.

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