A trade mission to promote business between companies in Zambia and in KwaZulu-Natal will take centre stage in Lusaka in March.
Trade and Investment KwaZulu-Natal (TIKZN), an agency which promotes KZN as an investment destination and assists local companies to access international markets, has co-ordinated a group of 12 companies to explore business opportunities in Zambia. The trade mission takes place from 5 to 8 March.
TIKZN CEO Zamo Gwala said local business owners were eager to expand trade between the two countries.
" As part of this trade mission, there will be a business to business session on March 7. Interested entities in Zambia are encouraged to view the profiles of the KZN delegates online and secure their meeting by following the link. The KZN delegation will also be provided with an opportunity to conduct site visits to Zambian companies and visit key infrastructure sites," Gwala said.
“In preparation for this trade mission, TIKZN has had numerous arrangements with the High Commission in Zambia and the Lusaka Chamber of Commerce who are both supportive of this event."
The KZN delegation will include the Durban Chamber of Commerce and Industry, The South African Footwear and Leather Export Council and private companies from the footwear, furniture, automotive and agro-processing sector.
Executive manager of the export development and promotion unit at TIKZN, Lester Bouah, said KZN and Zambia had the potential to trade at optimal levels especially in the manufacturing space.
Traditionally, trade between South Africa and Zambia has been in favour of South Africa with a focus on electrical and electronic equipment, vehicles, machinery, Iron and steel.
“There is still work that needs to be done in terms of further strengthening trade and investment relations between our regions, focusing on new collaboration and trade partnerships in key sectors of our economies," he said.
"We continue to encourage bilateral trade and are working on new initiatives in this regard later in 2018 to promote the flow of trade,” Bouah said.
In 2014, six KZN companies participated in the Zambian International Trade Fair in Ndola and in 2015 TIKZN participated in the Outward Selling Trade Mission organised by the Department of Trade and Industry (DTI).