President Lungu to launch ZSABC

President Edgar Lungu

President Edgar Lungu

President Edgar Lungu is expected to officiate at the launch of the Zambia Chapter of the Zambia-South Africa Business Council (ZSABC) to be held in Lusaka next week.

The Head of State will be the 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 Charles Kalima says 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.

Mr. Kalima says this will make it easier to serve the interests of Zambians and South Africans that wishes to do business with each other.

He explains that the Zambia chapter will help in responding to economic and social challenges posed by foreign investment.

Mr. Kalima says the event is 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 discloses that 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.

Mr. Kalima points out that 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.

The ZSABC, which is an idea mooted by Zambia’s High Commissioner to South Africa Emmanuel Mwamba, was launched by the Zambian Minister of Commence, Trade & Industry Margaret Mwanakatwe and South African Minister of Small Business Enterprise 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.

This is contained in a statement made available to QFM News by Nicky Shabolyo, Press Secretary at the Zambia High Commission to South Africa.

 

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