Omega Investment Research and its Partner Company African Business Advisors is organising a Trade and Investment Roadshow to Lusaka, Zambia on the 5 & 6 June 2013. This is being organised in association with the Zambian International Development Agency.
There are three reasons specifically for choosing Zambia:
- Zambia is a relatively stable country from political point of view with a strongly growing economy and a rapidly growing middle class.
- The Zambian economy is actually a very balanced one with several sectors each making a significant contribution to the generation of jobs and national income. Thus, mining contributes 33.5% to the GDP; agriculture 20.2% to the GDP; and services 46.3% [estimate: 2012]. The Zambian government macroeconomic policies also encourage foreign investment in these various sectors and particularly in agriculture. Incidentally, agriculture employs 71% of all Zambians.
- Zambia is of course landlocked, which in most instances is a disadvantage from an economic point of view. This conference acknowledges the fact that the country is landlocked but treats this as an advantage in that the conference promotes trade and investment between Zambia and its several neighbours - Malawi, Zimbabwe, Mozambique, Botswana, Tanzania and Angola
Judging from the response to our initial marketing there is very keen interest in the event in both Zambia and its neighbouring countries, not to mention our own client base.
Dr Guy Scott, Zambia’s vice president and a person with considerable financial responsibilities, when approached by Omega Investment Research for his views regarding the delegation said: “Not only Zambia but most of Africa requires long-term investment if the continent is to sustain economic growth. Such investment breeds economic transformation. Long-term investment aside, we need to adopt various strategies such as family businesses and the utilization of small-scale business incubators. There is also a need to share technologies – whether it is in agriculture, communications or health and education. A mission of the kind that Omega, in association with the Zambian International Trade and Development Centre has organised, can only do good, and is therefore very welcome indeed. May you do good business in the interests of our two economies, and of the region!”
For further information please consult our website: www.omegainvest.co.za or contact Rafeeqah Slabbert - Rafeeqah@omegainvest.co.a or Stacey Farao -staceyf@omegainvest.co.za