Southern Africa Swiss Business Hub interested to invest in  Zambia

The Southern Africa Swiss Business Hub, the representative of the Switzerland Global Enterprise (S-GE) and based at the Embassy of Switzerland in Pretoria, is considering investing in Zambia.

Head of Swiss Business Hub-Southern Africa, Stephanie Labite, said the hub wants to spread its business tentacles across Southern and East Africa, supporting small and medium-sized enterprises (SMEs), adding that Zambia is up the pecking order on its plans. 

Ms. Labite said the interest to consider investing in Zambia has come due to the country’s economic turnaround and a conducive business environment currently prevailing.

This is contained in a statement issued to ZANIS by First Secretary for Press at the Zambian High Commission in Pretoria, Tamara Nyirenda.

Ms. Labite said this in Pretoria during a business meeting with Zambia’s Acting High Commissioner to South Africa, Inonge Mwenya. 

She added that the Southern Africa Swiss Business Hub has a specific mandate that focuses mainly on business and trade developments with key interest in infrastructure and technology among other opportunities.

Ms. Labite noted that the business initiative will promote Zambia to Swiss business investments in South Africa as the hub has access to in-depth market knowledge through a local network of experts in all sectors of the economy.

She observed that this is the reason Zambia is its next preferred destination for investment.

She further explained that the hub wants to collaborate with different stakeholders such as the Zambia Development Agency (ZDA) and the Chambers of Commerce among others.

Its motive is to engage government while working with the private sector in exploring business opportunities and forging partnerships. 

Meanwhile, the Zambia Acting High Commissioner to South Africa, Inonge Mwenya, expressed happiness that the hub is looking forward to partnering with Zambia.

Ms. Mwenya has since pledged that the Mission will facilitate the actualization of the interest expressed by the hub in this regard.