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The dti-led business delegation optimistic ahead of trip to Angola

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The dti-led business delegation optimistic ahead of trip to Angola

The dti-led business delegation optimistic ahead of trip to Angola
Photo by Bloomberg

9th September 2019

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/ MEDIA STATEMENT / The content on this page is not written by Polity.org.za, but is supplied by third parties. This content does not constitute news reporting by Polity.org.za.

The South African business delegation oozes confidence ahead of their trip to Angola where they will take part in the Outward Trade and Investment Mission in Luanda. The week-long mission, which is funded and organised by the Department of Trade and Industry (the dti) through its Export Marketing and Investment Assistance (EMIA) Scheme starts from 9-13 September 2019.

The mission aims to promote South African value-added products and services, while creating partnerships between the business communities of the two countries.

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The Business Development Manager responsible for Africa, at a Johannesburg-based steel manufacturing firm Burncrete, Mr Saalim Jallal, says he is excited about the opportunity to travel to Angola where he is hoping to get potential investors and business partners for his company.

According to the Director of Aberdare Cables, Mr Johannes Mpotu the magnitude of the mission will provide them with an opportunity to source a new market in Africa for exporting their manufactured electrical and power cables, and most importantly forging new business relationships with potential buyers.

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The Managing Director of Basils Business Opportunities, Mr Basil Phupha, says the mission came at the right time especially now that the company is looking for the export market and opportunities to expand its brand footprint across the continent.

“Our strategic objective for participating in the mission is to find the market for our products that we can export to other Southern African Development Community (SADC) regions and beyond. Presently we are rolling out a plan to increase the number of African countries that our products are exported to. Currently, our biggest clientele is from Botswana, eSwatini, Lesotho, Mozambique and Namibia, and this mission presents an opportunity to perfectly tap into the Angolan market,” says Phupha.

The Deputy Minister of Trade and Industry, Mr Fikile Majola describes the upcoming mission as an opportunity to position South Africa as a preferred trade and investment partner through structured, focused and sustained commercial engagements in the targeted sectors.

The participating companies will represent the following strategic sectors which have been prioritised in the South African Government’s re-imaged industrial strategy: infrastructure, construction and rail, aerospace and defence, built environment professions, mining, agro-processing, agriculture and agri-business.

Issued by Department of Trade and Industry

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