Zambia-South Africa Business Council launches in Zambia

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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