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RB expected in South Africa to showcase Zambia’s investment potential

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President Rupiah Banda
President Rupiah Banda

President Rupiah Banda is today expected in Cape Town, South Africa to attend the World Economic Forum on Africa to be held from June 10th to 12th at the Cape Town International Convention Centre. President Banda, who will fly direct from Victoria Falls town in Zimbabwe where he attended the launch of the COMESA Customs Union, is expected to land at Cape Town International Airport at 15:45 hours.

Zambia’s High Commissioner to South Africa, Leslie Mbula and members of the advance party , who are already in Cape Town, will be on hand to receive the president on arrival. The advance delegation includes Finance Minister, Dr Situmbeko Musokotwane, Agricultural Minister Dr Brian Chituwo, Mines Minister, Maxwell Mwale and Energy Minister, Kenneth Konga.
Others who are already in Cape Town are the President’s Special Advisers for Economics and Political Affairs, Dr Chembe and Akashambatwa Mbikusita Lewanika respectively.

The three-day World Economic Forum on Africa will bring together about 700 government and economic leaders from around the world for intensive discussions on the world economic situation. Prominent on the agenda, among other issues, will be the effects of the prevailing global economic crisis on the economies of Africa and how this could be mitigated.

Mr. Mbula said President Banda will chair and participate in a number of high level thematic discussions, chief among them is tourism, agriculture, mining and energy. Mr. Mbula said the hallmark of Zambia’s participation at the forum will be tomorrow, during what has been dubbed the ‘Zambian Night’ at a dinner where President Banda will lead his ministers, among them Commerce Minister, Felix Mutati, to show case Zambia’s investment potential to the outside world.[quote]

At the dinner, President Banda, flanked by his ministers and other experts, who will include Bank of Zambia Governor, Dr Caleb Fundanga, will answer questions from industrialists and investors from around the globe on what Zambia has to offer in terms of investment.

President Banda ‘s programme also includes a meeting with Zambians resident in Cape Town before returning home on Friday.
And Mr. Mbula has described president Banda’s presence at the forum as a great milestone in Zambia’s on-going efforts to attract investment which is critical for accelerating economic growth.

The World Economic Forum, which brings together leading world economic players and governments, is an important platform for Zambia to sell its vast investment potential. Mr. Mbula said Zambia stands out as one of the best destinations for foreign investment due to various measures government has put in place.

These include tax holidays, externalization of profits by foreign investors and other incentives meant to attract foreign direct investment. He said the measures are bearing fruit as evidenced by the on-going explorations in oil in Northwestern Province and investments in the mining industry.

Mr. Mbula urged Zambians to continue being receptive and friendly to foreign investors who wish to invest in the country.
Zambia has always been known to be a stable and peaceful country which is one of its strongest and unique selling points to the outside world.

Mr Mbula advised Zambians to enter into joint ventures with their foreign counterparts in setting up various business investments such as hotels and other infrastructure development.

And Mr. Mbula has disclosed that the Zambian government, through his office, has invited South Africa’s chief organizer for the 2010 World Cup, Dan Jordaan to visit Zambia and discuss ways and means of making it possible for many Zambians to come and watch the World Cup.

He said that this is an African World Cup, and the Zambian government, like others on the continent would like more of their nationals to be given the opportunity to travel to South Africa and watch the world’s greatest soccer tournament.

“South Africans, for example, are to pay less, about R100 for a ticket to watch a match during the World Cup. This is what we want to discuss with Mr Jordaan to see whether it can apply to Zambians as well,” said Mr Mbula.

ZANIS

editor
editorhttp://www.lusakatimes.com

107 COMMENTS

  5. This guy must be very fit for a senior citizen.I mean with all the health risks of flying eg DVTs,It’s like,’enjoy it while you can.’

  7. This is absolutely nonsence! We have got a big junk of ****running our country. What is the work of the Minister of Finance and other related departments? What is the presidents role at that forum?

  8. When will this tourist listen 2 the cries of nurses,teachers doctors etc? I hope he takes Dora tribunal findings report,kapoko’s report among others with him. Otherwise he will leave office without reading any chapter. The country is currently witnesing untold strikes but he is busy merymaking. Ba Bwezani, Bweleni bane mwachilamo!

  9. This is for all Zambians in Cape Town. There will be a chance to meet the president. Please contact your association for details like time and place. I can’t give out those details here for protocol reasons, but this information has now been released to your Zambia Association in Cape Town. Meet the man and make your feelings and thoughts known. He is a listening president especially to you young people.

  13. Mr President, can you for once reflect on the state of affairs in your own country rather than being a johnie walker; What is your biggest problem and where are your ministers for Gods sake? mwanyanya!!!

  14. Teachers on strike ,equally are the nurses and yet no comment from Banda the traveler,let alone from chief Liar general Shikapwasha and that says teta with twin brother mike Molongoti.

  15. ……and i am very sure he is the only state president attending with a gang of Zambian officials, not even the host country’s president will be there. Kind of a strange arrangement to me! Please come with same sensible contributions that side and not only with full bellies, a hung over, an allowance and free SA bonk

  16. Mr mbula,stop that excitement to justify worthless summits.the world cup despite been hosted by south africa is a FIFA franchise.so they determine all the entry fees and other charges relating to the world cup.the only reason why south africans will pay that less is because maybe the goverment will subsidise their tickets or maybe they have a special arrangement which may not apply to zambia.so just tell mr prsident to abandon that forum and come back Home where problems are waiting for him.let him come and sort out the strikes mess before all the patients in hospitals pass on.

  17. Hey!!! u guys seem to have a problem, the President is on official duties and there is totally nothing wrong about it. Look there will be 700 government and economic leaders and our President RB has to attend this important “world economic forum”. Pls don’t just criticise all the time and everything. What u would ve done if u were president today for such an important world economic forum? u r being petty again, pls think hard and show us that u really deserve the kind of study u r doing. The man is basically saving yo interest and mine as part of his national duties. Think again pls u could do better.

  20. wiseman-reborn, you are correct. These characters are exhibiting the highest degree of dullness they can hardly see beyond thier noses.Anyway they say once a man but twice a child….

  21. 1st Commander sounds like Mike Mulongoti..or TetaMashimba………………The next time u will be telling us that RB is the only one who can ..bla…bla..bla

  23. The problem with most of you pipo like Sierra and 1st Commander is that u don’t experience the suffering of the Zambians. Zambia is a nothing country so it does not a difference whether RB attends all the IMPORTANT CONFERENCES in the WORLD or not…nothing will change..SO SHUT UP

  26. Ba Bwazeni! Mabvuto kung’anda bwelani pilizi muwone mwamene ungasenzele po kayili. Too much galavanting all the time. Awe kweene mwachinfya saana!

  30. #17, though RB is an Economist, he is human. He feels tired.Unless u tell me is metal.The Vice president is there to represent him.

  33. TOURISM HAS BECOME THE ORDER OF THE DAY UNDER THE NEW MMD LEADERSHIP GRZ to other countries when Nurses, teachers are striking over bad ways . Vrey Sad indeed.

    I hope the PF-UPND PACT achieves its goals so that we can have a governement that cares for Zambians in the next 2 years and about 6 months.

    __
    Prevention is better than cure.

  37. Number 17 am sure you dont stay in Zed for you to support our mobile presido. We have a mobile president and thats why he wants mobile hospital. pity on you RB, how can a father run away from home living his children with no food and fighting. what a shame!!!!!!!!!!

  39. # 17 Kindly note that the President has so many people he can delegate work to and we have so many intitutions that can effectively handle all that needs to be done at the WEF and there is therefore no need for RB to travel amidst of so much problems back home. We are not saying he should not travel , no , what we are saying is that it is not so important for him to travel this time around especially with the current state of affairs in the country or is he just absconding from perfoming his duties, which is a recipe for IMPEACHMENT KA?

  40. 34 gracefulboy greetings. It shall not be surprising to read that our MMD GRZ official are visiting Table Mountain in Cape Town or the PLANETERIUM. The may also go to Century City.

    35 sambadanyonce As I hopethat the PF-UPND PACT will work, I think they better do all their tours before their hold on GRZ is curtailed.

    Some other time, people.
    __
    Prevention is better than cure.

  41. These chaps have been striking every year since chachacha…..RB has ministers/ps working on such matters…unless if they say to RB that they have failed,then RB will surely move in…This is not PF pipo where its free for all. And my gentle advice to all you is pls dont take what you hear from one fred as gospel truth.

  42. Hope there will be other heads of state at this forum,otherwise we cant have the whole lot of the presidency on the road every now & then.Sir,you are not obama who wont raise eyebrows even if he travelled for the rest of his tenure,you are Rupiah Bwezani Banda whose country is in a crisis:Corruption,strikes,job losses etc & elected by a minority!.Spend more time travelling around the country to acquaint yourself with ordinary peoples’ problems.

  45. Vasco Dagama ali on the move again. Nga abwela George Kunda and the whole government plus cadres will be waiting for him ku airport. Vaopuba

  46. If they wanna showcase Zambia’s investment potential they must start by reflecting it right at the Zambia High Commission in Pretoria. The reception area looks lke the entry to a morgue and the staff are rearly there or when they are there they look annoyed

  47. Teachers and Nurses are the pillars of the nation . RB so called nyama soya should address their plight. Even the first lady thandi is a primary school teacher.

  50. i think RB is just running away from the real issues that are being faced in the country…. he is really bwezani… abwezana mumbuyo… awe….

  51. limbi ka TB kala mubika muchibe umkamba pa nganda ka, because ukwenda uku…… awe kwachinfya mwe. 2 times coming to SA in less than 2 months………Honestly. People our president needs serous help

  54. I think there is something with cabinet office. Why is the president always on the move. I remember even for Levy it was the same always on the move. Why doesn’t Cabinet office make a program for the president to visit all the provinces by road as well.

  55. Bashi Mbesuma is a proper tourist.

    That money he spends on trips would be used in hospitals. Kutwishi fiyokotelaya

  57. this is just an excuse to go to Swaziland on Mswati’s invitation…our man also enjoys utuma “under-age” fimofimo!

  58. Mobile Presido,balumendo namwe bakashana mwansekesha,4 sho this is way too much for RB now! currently there are so many problems pa zed (Rampant Corruption being unearthed everyday,Teachers& Nurses country wide strike.today it has been reported food prices have gone up the list is endless) and this presido seems to have a carefree atitude.kwena mwandini ba Levy efyo mwatusha mu mix awe mukwai!

  62. Imwe bantu, is this President really sane? How can he go to attend the World Economic Forum on Africa when he is not the expert in the fields being discussed? Who is really advising this man? The guys who have gone as an advance party are the experts who are suppossed to attend this forum and not the President who should just await a report and recommendations. Why should Bwezani chair and/or participate in discussions on tourism, agriculture, mining and energy when he has ministers and their permanent secretaries who are experts in those fields? Please ba Law Ass of Zambia, can you advise people on how such an incompetent President can be removed. The country can not be led by an incompetent President who is always on the road instead of trying to resolve the numerous problems in the cou.

  64. And where do world cup tickets come in when discussing Investment opportunities! I’m i the only one irritated by all this nonsense? I highly doubt that that is priority right now. SMH.

  65. I can not see any single iota of RB’s presence in Cape Town. This can be proved with the no. of presidents who will be there. Its inevitable for ZUMA as host president to open the meeting but will not necessarily be present i presume. The other two will come from Swaziland and Lesotho i understand. The truth is that the seat for RB is no longer sweet and hot but has reached the point of melting. He is afraid of facing real issues within his domicile . E.G., he arrived in MALAWI 24hrs before the electoral commission had finalised their programme. Maybe tax payers’ money ina bwera mocedwa or the new political pact has torn him apart. He cant go to Mfuwe again but Cape Town for a new strategy.

  66. Miss Diva,your point makes sense.This is so ridiculous.Guess they don’t call him Bwezani for nothing.

  68. Does this man know that the country is about to erupt into chaos, as we saw in 1986? Zambians are dying without dignity in hospitals and workers are bringing the govt to its knees due to the STRIKE and all he cares for is to go site seeing. Who will sort out the mess in the country. Who will calm and assure the nation?
    Kwena this is THE RAW DEAL GOVT.

  70. Since when did Health Minister Kapembwa Simbao become “Dr” as quoted by the post in tomorrow’s edition? here is the intro:

  71. “HEALTH minister Dr Kapembwa Simbao has said safe abortion services should be made available to the full extent allowed by the Zambian law. And IPAS vice-president for Africa Dr Eunice Brookman-Amissah said the abortion Act in Zambia has not translated into services for the women, who continue to suffer abortion-related deaths as much as in countries with more restrictive laws. During the launch of standards and guidelines for comprehensive abortion care by the Ministry of health, Simbao in a speech read for him by health deputy minister Mwendoi Akakandelwa, said the proper and effective implementation of all safe abortion services was spelt out in the new standards and guidelines”. Is the title Dr correct?

  72. # 70 Perhaps by virtue of having a wife who is a Gynecologist/Obstetrician. A good lady she is indeed.

  73. #72, wiseman-reborn how my brother. I guess the Masuzyo Chakwe (auther of story) has screwed up on facts otherwise should just Kapembwa Simbao. When are meeting by the way?

  75. Our president has investments in South Africa and this is an oppurtinty to meet with the pipo on the ground. This man is on a mission ladies and gentlemen. by the time you guys wake up he will be smilling all the way to the bank. he knows this is his last term so he is making the best of it.

  76. plse mr Banda look into the basic needs of the people…ma strike the whole country sure…and as if thats not enough you are out again with out considerations of the peole who gave you the VOTE muminzi…

  77. #73 I am fine bro/sis . With regard to meeting I do not . Suffice to mention that am a man and I know the wife of Hon Simbao for she was my Senior in Mmed OBGY.I left prematurely.

  78. Iyo kwena bena ba baku Chipata. I am sure balitemwa na tea (mutenta ndevu). Where are you going before addressing those strikes by teachers and health workers?? ALLO!!! VIMA ADVISERS, what are you doing??? WAKE UP!!!!

  79. Do we know have a minister of Commerce, Minister of finance and national planning, maybe minister of foreign affairs. How about our foreign legion, South African high commisioner, he can act as a spokesperson for our nation, our president needs to Sit his Buttocks down.

  82. Mijnheer de Voorzitter gelieve u kunt deligate een aantal van deze reizen naar uw ministers, u hoeft niet te worden uit de hele tijd

  87. Half the time men think they are talking business, they are wasting time.Rest is not idleness, and to lie sometimes on the grass under the trees on a summer’s day, listening to the murmur of water, or watching the clouds float across the sky, is by no means a waste of time.

  89. Rest is not idleness, and to lie sometimes on the grass under the trees on a summer’s day, listening to the murmur of water, or watching the clouds float across the sky, is by no means a waste of time.

  91. 82 Ghost dog greetings, I just liked your “Mijnheer de Voorzitter gelieve u kunt deligate een aantal van deze reizen naar uw ministers, u hoeft niet te worden uit de hele tijd” which translates into Mr President, please can deli-gate some of these trips to your ministers, you need not be all the time.

    Also, the Vice President can do the job of gallivanting around the world, just any USA’s Secretary of State when the President is attending to National issues at home. However, we must understand that people like to make the most of things when their future is uncertain on their current job.

    How nice, if only our President can appreciate your message, boss.
    ___
    Sokwe kaamuleya katabi (The monkey failed to grasp a tree’s branch – one day)

  92. #91 thumbs up for translating the semantic noise Ghost Dog #82 spat. This forum is only effective when bloggers use a language all will understand, that is the essence of communication – to pass on a message/meaning and be head and the recipient able to decipher/decode that information and put action to it. Otherwise its semantic perished jargon. #82 my brother, help the disadvantaged in your blogging language. I guess you are doing well, keep up the spirit.

  94. Ba RB, can you not send someone else surely the whole entire President has to attend tthis. What is the duty of your economic team and the Minister of Finance etc? Besides i see the whole Zambian entourage listed to be in Cape Town.. bane mulebomba not ifya kulaendaukafye. Ba President attend things that really require heads of state, whats up with the African leaders? Our countries are still underdeveloped and iam sure you would do well spending time with the Zambian community right now to get to know the grass roots and the problems they are facing. Lets not behave as if we have arrived… we are still a long way to develop and we need thinkers instead of travellers. Most of the folks will just be dozing off waiting for allowances and shopping spree. Report to the Zambian people what

  96. The paper that digs deeper has just said indeni to close because of no cash manee in GRZ to buy oil. Teachers striking, corruption cases blazing, and were is our presido ??? Out of the country again.
    Who was that guy who said it is normal for presido to travel like this ?. All those heads of state attending do not have the above situations. And LT why havent you picked up the story about indeni ? That is why you are accused of being RBs mouth utensil

  97. 92 observer greetings, you are welcome and thanks you very much on your “#91 thumbs up for translating the semantic noise Ghost Dog #82 spat. This forum is only effective when bloggers use a language all will understand, that is the essence of communication – to pass on a message/meaning and be head and the recipient able to decipher/decode that information and put action to it. Otherwise its semantic perished jargon.” I will always be there for all zambians, as long as I live, by God’s grace.

    Have a blessed day.
    ___
    Sokwe kaamuleya katabi (The monkey failed to grasp a tree’s branch – one day)

  98. Exhibiting all the signs of a corrupt leader; make that corrupt AFRICAN leader: Forever on the move and thus making bogus money in travel allowances per diem etc with his thieving entourage!! This man will surely go to jail in his eighties and rot there!! Who in their right mind would want to invest in Zambia right now? The country is in the middle of the biggest corruption scandal and you seriously think anyone besides the Chinese will come to invest? Showcase what? All the country’s assets have been leased off to the Chinese! And by the weay, careful those Chinese Air force planes you’re making a habit of flying in. A stitch in time.

  101. # 97 Are you sure thats the correct explanation of “Sokwe kamuleya katabi” I think it means that “The money was trapped”

  106. 101 musimbi greetings. On your “# 97 Are you sure thats the correct explanation of “Sokwe kamuleya katabi” I think it means that “The money was trapped”, firstly there is is difference between trapped and grasp. I hope I do not need to define the two words to you.

    Secondly, there is no need to do a direct translation for what matters is the gist or thrust of the message.

    Have a nice day and consult further to other Tongas if you think I do not know what I am doing.

    ___
    Sokwe kaamuleya katabi (The monkey failed to grasp a tree’s branch – one day).

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