SAZACCI calls for South Africans to invest in Zambia
FERNDALE – The proximity between South Africa and Zambia provides a massive cooperative advantage which investors can utilise.
The executive director of Southern Africa Zambia Chamber of Commerce and Industry (SAZACCI) Evance Chanda said there are opportunities for investment in Zambia.
He was speaking during the business symposium on 22 June held at Randburg Chamber of Commerce and Industry in Ferndale.
He said different economic sectors including agriculture, energy, infrastructure and tourism have immense opportunities in which South African business people could invest.
Chanda highlighted opportunities available to a local business community and indicated the government was simplifying the manner of investing in Zambia.
“We are engaging chambers in South Africa and showing them opportunities available in our country,” he said.
He explained the close proximity between the two countries provided a massive cooperative advantage which needed to be utilised.
He said they didn’t want to market their country in Europe or Asia when they could partner with southern African countries. “Why should we go to China whereas we can partner with South Africans?” he asked.
Patricia Munyamwa, a first secretary for tourism department in the high commission of the Republic of Zambia, said they were many opportunities in the tourism sector.
She said their national parks and waterfalls are drawcards for tourists. “Our waterfalls are all accessible. We have high-quality lodges – some of these lodges are on the edge of our beautiful rivers,” she said.
Munyamwa said their country has tax rebates given to investors for a period of five years. “Investors are given an opportunity to build their businesses. This is to encourage people to do business in our country,” she said.
SAZACCI is dedicated to promote trade and investment opportunities between Zambia and the countries within the Southern African Development Community (SADC) region and highlight the public-private partnership opportunities and enhance the growth.
ALSO READ:
Local entrepreneur scoops international business award
Details: Randburg Chamber of Commerce and Industry 086 101 9218.
