Zambia Safari and International Business

The Zambezi Sun in Livingstone was once again host to an important trade advisory meeting for Zambia. This was the forth Zambia International Business Advisory Council (ZIBAC) conference held recently.

Zambian president Levy Mwanawasa informed the ZIBAC that the eight percent Gross National Product (GDP) had become a reality. His government had worked had to ensure an 8 percent growth rate in next year’s budget. “Private sector support and the government fiscal discipline will guarantee it,” he enthused.

But this is widely accepted. What with the mining, agriculture and the tourism industry growing?

And Zambia commerce and trade minister Dipak Patel said the country was among countries that had diversified their economies, stimulated expansion and improved the investment climate. Patel said the third conference held last year introduced the Private Sector Development (PSD) reform programme. It’s a venture between government and the private sector.

The Zambia Business Forum (ZBF) says ZIBAC will support the government-private sector initiative for economic development. Wamulume Kalabo chairman of both Zambia Associations of Chambers and Industries (ZACCI) and ZBF said recently.

The investments incentives have encouraged many safari enterprises. Zambian tourism is getting the required boost from business houses. ...And the role of Zambia safari in the country’s GDP is on the rise!