Southern Africa Swiss Business Hub Eyes Zambia

The Independent Observer, July 27, 2022

The Southern Africa Swiss Business Hub, the representative of the Switzerland Global Enterprise (S-GE) and based at the Embassy of Switzerland in Pretoria, says it is considering investing in Zambia due to the country’s economic turnaround and a conducive business environment.

Head of Swiss Business Hub-Southern Africa Stephanie Labite, says the hub wants to spread its business tentacles across Southern and East Africa, supporting Small and Medium-Sized Enterprises (SMEs) and that Zambia is up the pecking order on its plans.

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

She said 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, a domain of opportunities it is looking for in Zambia.

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

She says the hub wants to collaborate with different stakeholders in Zambia such as the Zambia Development Agency (ZDA) and the Chambers of Commerce among others, as its motive is to engage Government while working with the private sector in exploring business opportunities and forging partnerships.

Meanwhile, Zambia Acting High Commissioner to South Africa, Inonge Mwenya says she is happy that the Hub is looking forward to partnering with Zambia and has pledged the Mission’s facilitation in actualising the interest expressed by the Hub in this regard.