A delegation of South African business people has arrived in the country to explore business and investment opportunities on the Copperbelt and North Western Provinces.
The delegation of 14 companies which arrived in Kitwe yesterday includes companies from Energy, Engineering, Construction, Mining, Logistics, and the Finance sectors.
Among the companies in the delegation is a Zimbabwean company Batiman World Limited that is seeking to expand its operations in the country.
Three more companies are expected to arrive in the country today.
The aim of the Trade and Investment Mission is to promote bilateral trade, enhance regional and international trade and explore investment opportunities in the two provinces.
The mission will also assist companies that wish to expand their market share into the country through business to business (B2B) meetings and connect them to potential partners in Zambia.
Evance Chanda the co-facilitator from Southern Africa Zambia Chambers of Commerce and Industry (SAZACCI) says their effort and commitment is to market Zambia by focusing on key economic sectors as identified by government.
“Our aim is to market Zambia’s economic potential to investors across the world, as a private organisation working closely with Zambia Development Agency and its stakeholders.’
SAZCCI has partnered with Africa Project Access ( APA) to  host the business delegation and to disseminate accurate and up to date information on current investment opportunities in the country to the business community.
The delegation is scheduled to pay a courtesy call on the Kitwe District Commissioner and also visit companies in Kitwe, Ndola, Chingola and Solwezi.Â
The programme includes a visit to KCM and a meeting with Mr Enock Kavindele from Northern Western Railway.
The company’s are represented by top directors and business development managers.Â
“Our next Trade Mission will to lead a business delegation to Mpulungu Mbala and explore its untapped trade and investment opportunities,” Mr Chanda said.
He noted that Trade and Investment remain the key that will to unlock Zambia’s economic potential and bring about real growth and development
What are these xenophobic Zulus and Boors doing in Zambia? We do not need their rands. They can shove them in their smoky minungu.
Yes let them go back. They don’t want to deal with xenophobia in SA but want to profit off our land. This land is for our people. We shall do Mugabe on you. I’m tired of greedy politicians!
You would think the the two comments above were from unexposed , uneducated Uncle from Nchelenge District.
Same line of investment all the time. Mining,mining,mining…when are we going to receive serious manufacturers to start adding value to our agriculture and mineral products so that can move up in the value chain and stop being perpetual producers of raw materials for others!??
If I were Zambia, all south Africa investment will be packing their bags mailo so!!
To the contrary thats not the way you develop a country economic wise. We need these investments in order to boost our export base by beginning to manufacture and adding value to our are products. Ask yourself how many foreign companies are doing business in USA today.
Now this is what I call very shallow thinking from the above comments. Zambia needs all the investment and exposure she can get. The time is ripe. Stop being narrow minded. As a true Zambian, I say that everyone is welcome to invest in Zambia. In case you guys do not see it, Zambia is the next big thing in Africa.
All the untapped potential in Mining, Tourism, Agriculture, Construction, Energy (including oil exploration), Transport, etc., needs to be realized. Its the uneducated South Africans that have Xenophobic mentality. We cant act the same as they do.
The only investors that are not welcome are the terrorist ones.
Lets shade a bit of light here; these so called Big South African companies are not really South African, but International companies. Most of of them are European and American. These have been operating in SA for decades now because the economy was very stable then, unlike now.
Zambia is now attracting a lot of multi Million Dollar International companies, which is good. Let all these investors come in the country. Its good for our economy.
The first four reactions are shallow, emotional, and immature. Only the reactions of Sponge Job and Mr. Intelligent make sense. Where in the world do you chase away investors?
Who doesn’t welcome investment? Before some of you write,please think.Mugabe was boasting about getting money from his land,did he? genuine investors are welcome
Capital diversifications in regions is important avoiding exposure from one region that has consequences in case of risks pe rculia in that region affecting investors in those regions
Good composition of business visitation its something Zambia should learn to move businesses not individual efforts without synergic effect investing in areas
You need also to attract quality capital and partnerships that work both for investors and those in beneficiation South African capital has been ranked amongst the quality in terms of attractiveness and one will do well like Nigeria is to tap the potential and register real growth that translates to standard of living of our people and region of Africa as a whole