ZAMBIA – HUB OF CENTRAL SOUTHERN AFRICA
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ZAMBIA – HUB OF CENTRAL SOUTHERN AFRICA. James Thornton British High Commissioner to Zambia. Presentation Outline Bilateral Trade Strengths Trade and Investment Opportunities Challenges British Companies in Zambia Conclusion. Bilateral trade. Strengths.

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ZAMBIA – HUB OF CENTRAL SOUTHERN AFRICA

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Zambia hub of central southern africa

ZAMBIA – HUB OF CENTRAL SOUTHERN AFRICA

James Thornton

British High Commissioner to Zambia


Zambia hub of central southern africa

  • Presentation Outline

  • Bilateral Trade

  • Strengths

  • Trade and Investment Opportunities

  • Challenges

  • British Companies in Zambia

  • Conclusion


Bilateral trade

Bilateral trade


Zambia hub of central southern africa

Strengths

  • Generally stable political system

  • UK strong brand

  • Strong growth; reasonable macro economic fundamentals

  • Abundant natural resources presenting good investment and trade opportunities

  • MFEZ - Incentives

  • Unlimited repatriation of after tax profits

  • Progressive banking, legal and insurance services of international standards.

  • Good place to work & live, friendly people


Trade and investment opportunities

Trade and investment opportunities

  • Mining: Zambia possesses Africa’s largest known copper and emerald reserves

  • Agriculture: only 1.5 m ha of the 42m ha arable land is under cultivation; accounts for about 40% of the fresh water resources in Southern Africa

  • Energy: Potential to produce 6,000MW of hydro energy, currently only producing 1, 980MW

  • Manufacturing: Multi Facility Economic Zones established to support investment

  • Tourism: 20 national parks, 34 game management areas, home to Victoria falls

  • Infrastructure: Massive projects being undertaken, roads, rail, electricity generation and airports

  • Rapidly growing urban middle class


Zambia hub of central southern africa

Challenges

  • Landlocked country, input costs tend to be high

  • Underperforming education and training system

  • Poor infrastructure

  • Red tape

  • Limits on work permits for expats

  • Preferential treatment of Zambian companies bidding for public contracts

  • Regulatory changes introduced with little notice

  • Political constraints to laying off workers

  • Land rights for customary land can be bureaucratic

UNCLASSIFIED


Zambia hub of central southern africa

British companies in Zambia


Zambia hub of central southern africa

Conclusion

  • No UKTI presence at present

  • A market that requires work

  • But strong economic growth and good margins


Contact us

Contact Us

CONTACT US

 Tel: +260 211 423200

Email: [email protected]

@FCOJamesT

Website: www.gov.uk/world/zambia

www.facebook.com/UkinZambia

@UkinZambia


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