Zambia-SA business council launches in Zambia

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ALL is set for the launch of the

Zambia Chapter of the Zambia-

South Africa Business Council

(ZSABC) in Lusaka this Friday.

President Edgar Lungu is expected

to officiate as guest of honour at

the Gala Dinner that will bring

together several South African

investors operating in Zambia as

well as those based in South

Africa.

ZSABC chairman, Mr. Charles

Kalima says that the launch in

Zambia will complete the structure

of the business council as the

body will now have physical

representation on the ground in

both Zambia and South Africa.

“This will make it easier to serve

the interests of Zambians and

South Africans that wish to do

business with each other. The

Zambia chapter will help in

responding to economic and social

challenges posed by foreign

investment,” Mr. Kalima said.

Mr. Kalima said the event was

being organised in conjunction

with both Zambian and South

African authorities through the

involvement of the South African

High Commission to Zambia; the

Zambian High Commission to

South Africa; the Ministry of

Commerce, Trade and Industry; the

Zambia Development Agency, and

the Lusaka Chamber of Commerce

and Industry.

He said the launch, to be held on

27th May, 2016 at Radisson Blu

Hotel, will be graced by

representatives from South Africa’s

Department of Trade & Industry,

and the Department of Small

Business Development. There will

also be major Zambian and South

African investors and business

executives, representatives from

chambers of commerce and the

diplomatic corps.

Mr. Kalima said as part of events

leading to the actual launch,

ZSABC has also planned a visit to

charity on 26th May as part of its

social responsibility programme.

There will also be a Corporate Golf

Challenge on 27th May, whose

proceeds will be donated to

charity.

He explained that the Zambia

chapter will work in collaboration

with the Ministry of Commerce,

Trade and Industry; the Zambia

Development Agency; Chambers of

Commerce; Zambia and South

African private sectors players and

other institutions, in an effort to

support the Government’s drive of

fostering economic and social

development through sustainable

investment, transformative

business partnerships, mutual

trade relations and cooperation

between Zambia and South Africa.

Mr. Kalima pointed out, as some of

the successes achieved by the

Council from inception, the

facilitation of several trade

missions between Zambia and

South and Africa, and obtaining

endorsement from both the

Zambian and South African

Governments.

ZSABC also facilitated discussions

between Zambia and South Africa

on the issue of energy solutions in

Zambia which resulted in an

agreement where South Africa was

to supplement Zambia with

electricity supplies.

The ZSABC, which is an idea

mooted by Zambia’s High

Commissioner to South Africa His

Excellency Mr. Emmanuel

Mwamba, was launched by the

Zambian Minister of Commence,

Trade & Industry Mrs. Margaret

Mwanakatwe and South African

Minister of Small Business

Enterprise Ms. Lindiwe Zulu on

30th October, 2015 in South Africa.

The Council aims at facilitating

investment, mutual trade relations

and business cooperation between

Zambia and South Africa. It also

strives to be a catalyst for private

sector growth by encouraging and

nurturing transformative

partnerships between the Zambian

and South African business

fraternity.

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