The American, British and German Chambers of Commerce organised “Back to Work 2017 Networking Breakfast held on February 3rd 2017.
Discussion concept: 2016 was a tough year for Zambia’s economy, with low copper prices, currency fluctuations and power shortages continuing to weigh on the country’s economic performance. Despite these obstacles, international companies seem to have continuous confidence in the business opportunities Zambia’s private sector keeps in store for the long run.
A presentation was made by Shebo Nalishebo,Research Fellow, Public Finance Zambia Institute for Policy Analysis and Research.
Panel discussion on “Private Sector Perspective on Zambia’s Business Climate” followed.
Panelists were: Prof. Oliver S. Saasa – Managing Consultant/CEO Premier Consult Ltd,
Olivier Terra- MD Bollore, Mafipe Chunga – Senior Manager, Deal Advisory – KPMG Zambia. Master of Ceremony for the event was Trevor Simumba.
AmCham Zambia hosted Business Development expert and entrepreneur Kurt Davis on 31st March, 2017.
The event which included a discussion on business development, marketing and how to sell relentlessly had professionals from the micro-enterprises Women owned Micro’s, SMEs and representatives from marketing departments.
AmCham held it’s Annual General Meeting on April 20th at the U.S. Embassy. During election, three new directors were voted in namely, Benjamin Katubiya, Brighton Mwiinga and Paul Kaluba. Mr Christopher Jannou scooped the president sit while Mr. Benjamin Katubiya, the vice president role.
Members and friends of the Chamber were invited to join AmCham Zambia in hosting it’s traditional cocktail following the Annual General Meeting held at the US Embassy on Thursday, April 20th 2017. Networking cocktail was an opportunity for business linkages and networking with men and women from the local and international business community, as well as government officials. The after AGM cocktail was graced by US Ambassador Eric Schultz and Zambia Development Agency Managing Director Patrick Chisanga.
America Chamber of Commerce in Zambia participated in the Zambia International Property Exhibition which ran from the 19th to 20th May at East Park Shopping Mall in Lusaka, Zambia. The property exhibition was sponsored by Green Jobs Zambia and International Labour Organisation as well as supported by United Nations Zambia, Embassy of Finland, Napoli Property Investments, Cushman Wakefield / Excellerate and Jannou Afrique . The exhibition had over 30 companies showcasing their services. The ZIP Expo this year included Proptek and a property boot camp where ideas and information on property were exchanged. This year’s exhibition under the theme ‘’Join the World’s Leading Property Innovators”, gave a good idea of the city’s booming real estate development.
The Ministry of Commerce, Trade and Industry in conjunction with the American Chamber of Commerce in Zambia, Zambia Chamber of Commerce and Industry and the Zambia Association of Manufacturers, with support from the USAID Southern Trade and Investment Hub project, held a meeting to share perspectives for the Development of the Zambia Trade Information Portal.
The purpose of this meeting was to inform stakeholders about the benefits of the Trade Portal format, give an update on the development of the Portal and solicit the private sector’s feedback on the content of the portal.
The portal once complete will contain all regulatory trade information for import/ export/transit combining information from agencies involved in import/export control eg customs, agriculture, health, transport etc.
AmCham Hosts First Professional Development Series on Sourcing Finance from USA
The American Chamber of Commerce of Zambia (AmCham Zambia) hosted the first session of its new Professional Development Series. The event focusing on Sourcing Affording Finance from the USA was held on August 11th at the Latitude 15 Hotel in Lusaka.
While Zambia has a pervasive entrepreneurial spirit, access to finance is a widespread obstacle to the growth of enterprises. Guest speaker Mr. Benjamin Katubiya, owner of BUK Truck Parts and Vice President of the Chamber shared his experience on sourcing finance from the USA which enabled him to grow his enterprise. Mr Steven Raelly, a business consultant also shared knowledge on making smart informed capital sourcing choices, international finance and its benefits which include low interest rates of less than 10%.
AmCham Zambia will in the proceeding months host more Professional Development sessions open to companies that are members of the Chamber.
The American Chamber of Commerce Launch Leaders of Industry
The American Chamber of Commerce in Zambia (AmCham Zambia) launched the first of its Leaders of Industry high level panel discussion series at the United States Embassy on Friday, 18th August, 2017. The panel featured Citibank Managing Director, Mr. Ferdinand Zaumu, Cavmont Bank Managing Director, Mr. Charles Carey, Bankers Association of Zambia Executive Director, Mr. Leonard Mwanza and moderated by KPMG Zambia Senior Manager, Deal Advisory, Mr. Mafipe Chunga.
Themed “Macroeconomic performance of Zambia in the finance sector from a banker’s perspective,” the discussion covered many facets that encompassed the main areas of operation of the three institutions.
The discussion covered areas such as the record levels of FDI inflow in Zambia, how the Minister of Finance’s “Zambia Plus” is positively affecting fiscal discipline, digitalization being a game changer in the finance and banking sector and how Zambia’s high interest rates can be attributed to low levels of saving and what policy measures can be undertaken to encourage Zambians to save more to mention a few.
This first event of the series of panel discussion was a success, and AmCham looks forward to hosting more discussion focusing on various economic sectors in the coming months.
ZamReal held its second annual property forum on 27 September 2017 at the Radisson Blu, in Lusaka. The conference has become one of the most important annual gatherings in Zambia and seeks to enhance the advancement of the real estate sector as a key drive for economic prosperity.
ZamReal is a one-day forum centred on the Zambian Real Estate market. The conference brings together both local and regional high-calibre delegates including developers, investors, ministers, financiers as well as property professionals looking to expand their Zambian real estate business. Delegates discuss key topics concerning property development and investment with a particular focus on driving growth in the local real estate sector. ZamReal provides the perfect platform for bridging the gap between Zambia’s private and public sectors and for local and international stakeholders to meet and forge new business relationships.
ZamReal has been recognised as Zambia’s go-to real estate event. The 2017 Forum included participation from over 250 delegates and 100 companies and offered insights, thought-leadership and solution-focused tools ultimately driving further development and investment in the local real estate market.
The Second professional development event was themed “The Nuts and Bolts of Investing in Real Estate” was hosted by AmCham President Christopher on 5 October, at the Latitude 15 Hotel. Christopher Jannou is an award-winning producer, author, hotelier, and investor.
His group includes The Urban Hotel Group; Jannou Afrique, a developer of commercial real estate and Business Intelligence, a corporate training and education company. Jannou’s first book ‘The Internationalist: Globalization, the Age of Information and the Developing World Ascent’ (available on Amazon) is a sweeping look at the next surge of human and economic development as technology, globalization and demographics become defining forces.
The event was a success and provided lucrative information on how real estate provides returns to an individual and the potential benefits it has to contribute significantly to one’s personal investment portfolio.
On 6 October 2017, the American Chamber of commerce in Zambia held its second session of leaders of the industry discussion panel at Southern Sun Hotel in Lusaka. The discussion panel featured remarkable giants of the industry such as Zamefa Managing Director, Ms. Roseta Chabala, PWC Tax Director for Zambia Ms. Joyti Mistry, Zambia Development Agency Director for Enterprise Development Ms. Mukula Makasa and Zambia Revenue Authority Commissioner – Modernization and Corporate Strategy, Mr. Dingani Banda Deputy and was moderated by KPMG Zambia Senior Manager, Deal Advisory, Mr. Mafipe.
The second session of the event was themed “The Business of Taxes: The Conversation Your Business Should Be Having about Taxes.’’ In the discussion Mr. Banda said ZRA was working on a project supported by a German organisation to implement mobile- based tax services. Further on, discussions were also made on how ZRA was now working as a single window with a key aim of integrating government systems and processes.