AmCham Zambia 2014 Q4 Newsletter
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Transcript of AmCham Zambia 2014 Q4 Newsletter
Stand 1200 Twikatane Road | Rhodespark | Lusaka [email protected] | 0975.028.026
amchamzambia.com
October - December 2014
AmCham NewsAmerican Chamber of Commerce in Zambia
2015
Dear Esteemed Members:
Happy New Year!
We ended 2014 with a celebration of Zambia’s 50 years of independence, the unfortunate passing of our late president, and the arrival of the new US Ambassador Eric Schultz. I look forward to an extraordinary 2015 as this year has started off great with the country’s peaceful transition to a new president of the Republic of Zambia.
The Chamber also continues to be in a state of transition, as the Board is still working towards finding a suitable director.
While we made some achievements in 2014, there is much more to do as a Chamber to march towards our goals. I am calling on all members to rise up, renew your membership and be active members by joining a committee.
Active committees and events are vital to the success and health of the Chamber. The committees help push the mission of AmCham Zambia, and increase the value of this network in our community. I im-plore you to contact the Secretariat about which of the six committees would be the best fit for your skills and interests.
We hope to move the Chamber forward in 2015 with new memberships, higher participation, more events, and meaningful relationship - building between America and Zambian businesses. Together, we will work together to create a prosperous 50 more years.
Regards,
Jason Kazilimani Jr. (Interim President)
PRESIDENT’S MESSAGE
Page 3
Focus Article: American Chamber of Commerce in Zambia
Jubilant Start to the Fourth Quarter
The Chamber joined in the jubilant momentum of
Zambia as the country’s 50th Anniversary Celebrations
were underway. Lusaka was adorned in the Zambian
flag colors, representing patriotism and pride in
Zambia’s independence. The Chamber wish Zambia a
Happy 50th Golden Jubilee Anniversary and joined in
the many celebrations held in Lusaka.
Amidst the October celebrations, the Chamber’s
staff and board members bid farewell to Rodney
Watkins, who had completed his one-year Peace Corps
extension with the Chamber. Rodney attended the
October 16th board meeting, where members of the
board congratulated Rodney, appreciated the work he
had done for the Chamber, and wished him luck in his
future endeavors.
Members of the Chamber’s board took this opportunity
to welcome Courtney Tuxbury, who replaced Rodney
as the SME Development Specialist, while completing
her one year Peace Corps extension in Zambia.
The Chamber as the US Embassy were happy to
welcome Ambassador Eric Schultz who after a long wait
finally arrived in Zambia in October. Ambassador Eric
Schultz met with members of the American Chamber
board and we look forward to a continued relationship
with the US Embassy in Lusaka.
Showcasing AmCham in Zambia
Enhancing the Chamber’s imagine by working on a new
website, the Chamber was also given the opportunity
to write an article showcasing itself in a renowned
investment magazine, NEXTPAGE Concepts Limited
Media Limited.
California Agricultural Leadership Foundation
As November came up, the AmCham Zambia’s
members, Secretariat, and US Embassy Lusaka staff met
with a group of 24 visiting members of the California
Agricultural Leadership Foundation participating in
an educational mission to Zambia.
The California Agricultural Leadership Foundation
is a non-profit public benefit corporation committed
to leadership training and transformational learning
experiences in partnership with four California
universities: Cal Poly San Luis Obispo, Cal Poly
Pomona, California State University Fresno, and the
University of California Davis. The foundation supports
the longest continuously-operating leadership
training experience of its kind in the United States
– the California Agricultural Leadership Program –
which is widely considered to be the premier program,
in its niche in the world. Group members included
major Californian commercial farmers, agricultural
financial professionals, state power officials, and other
agricultural professionals. The Californian delegation
was participating in an international travel seminar,
which took members all over the world to meet with
diverse leaders to explore first-hand global issues
in politics, economics, trade, commerce, and the
environment.
During the Q&A session, AmCham Zambia members
Mr. Donald Mavindidze of Monsanto and Mr. Stewart
Hall of NWK had the opportunity to talk with the
visiting group about their respective companies, share
their experience with the agricultural sector in Zambia,
and encouraged the group to return to Zambia because
of the potential for growth in the agricultural sector.
Timeline: October & November 2014
Page 4
Focus Article: American Chamber of Commerce in Zambia
The American Chamber of Commerce in Zambia (AmCham Zambia) was officially launched in June 2011 after the
successful African Growth and Opportunity Act (AGOA) forum, which was held in Lusaka. The forum brought a
high- level delegation from the United States of America, including then U.S. Secretary of State Hilary Clinton and
then U.S. Trade Representative (USTR) Ron Kirk, who both participated in the Chamber’s launch as guests of honour.
AmCham Zambia has enjoyed three-years of growing memberships, partnerships with U.S. and
Zambian public and private sector institutions, and level of activities. AmCham Zambia currently
has ninety-four members spread across Lusaka, the Copperbelt, and Solwezi, with the majority of
its members in Lusaka. The AmCham Zambia membership is drawn from various sectors, with
a large percentage of members belonging to the financial, industrial and agricultural sectors.
The American Chamber of Commerce in Zambia aims to serve US citizens and US controlled companies
and organizations doing business in Zambia, as well as Zambian businesses involved in or interested
in trade with the United States. To accomplish this, it has established a network and a forum for
sharing information, exchanging ideas and interacting with relevant U.S. and Zambian government
policy makers, with the ultimate goal of increasing business and trade between the United States and
Zambia. AmCham Zambia works towards achieving its goals in several ways, such as the following:
• Ensuring Chamber members are aware of and participate in the United States Embassy’s Ambassador’s
Direct Line Call to U.S. businesses, where U.S. businesses considering investing in Zambia are given an
overview of Zambia, its growth, investment potential, and is followed by a Q&A session with the Ambassador
and participating Zambian businesses. The U.S. businesses are given advice and encouraged to visit Zambia.
• The Chamber assists the U.S. Embassy in Lusaka to promote International Buyers Programs
(IBPs) held annually in different states. Several AmCham Zambia members participate in the
different IBPs, have been able to purchase goods and make contacts with American businesses.
• The Chamber has participated in trade missions to the US with its members, together with a delegation
from the Zambian Ministry of Commerce Trade and Industry and the Zambian Development Agency. The
Chamber has also co-hosted trade missions from the United States, facilitating meetings between visiting
American businesses and Chamber members. The Chamber has participated in a high-level delegation trade
missions, like a 2012 trade mission with U.S. Under Secretary of Commerce for International Trade, Francisco
J. Sanchez, travelled to Zambia with a business delegation representing 12 multi-sector U.S. firms. This
delegation met with government and local business people to explore opportunities for business ventures
whilst some AmCham Zambia members had business-to-business meetings with members of the delegation.
AmCham Zambia continues to work on promoting its membership by providing other benefits to members. This
includes advocating to the Zambian and the United States governments, building corporate social responsibility
initiatives within membership, encouraging member-to-member networking and business through fellowship
events, holding workshops and discussion forums on issues such as promotion of Public Private Partnerships
(PPP) for the business community in Zambia and the USA, and small-scale businesses to build capacity
and improve their access to funding, both locally and internationally through professional development.
Page 5
Contact us:
First Floor, Elunda TwoAddis Ababa Roundabout
Rhodes ParkLusaka
Unit 14 Lyness HouseFreedom Avenue
Kitwe.Telephone: +260 211 372 900
Email: [email protected].
With 60 years of operating in Zambia, we provide Audit, Tax and Advisoryservices, delivering a globally consistent set of multidisciplinary finance andaccounting skills and capabilities based on deep industry knowledge. Ourindustry specialisation helps KPMG people to develop a rich understandingof clients’ businesses, acquire insight, skills and resources required toaddress industry-specific issues and opportunities.
Audit servicesOur Audit services include:■ Financial statement audit■ Financial statement reviews■ Agreed upon procedures
Tax servicesOur Tax services include:■ Corporate Tax■ International Executive Services■ Indirect Tax■ Company Statutory Services
Advisory servicesOur Advisory services include amongstothers:■ Transactions and Restructuring■ Risk and Compliance■ Internal Audit Co-sourcing■ Performance and Technology■ Forensic■ IT Advisory
Timeline: November 2014
OPIC Officials Visit
On Wednesday, November 19th, 2014, members of
the Chamber gathered at the Taj Pamodzi Hotel’s
Baobab Hall for a cocktail reception in honour of
visiting officials from the United States Overseas
Private Investment Corporation (OPIC). Mr. Steven L.
Johnston and Mr. David A. Weld, OPIC officials, were
visiting Zambia to learn how OPIC can provide better
long-term financing for major infrastructure projects
in Zambia. They also looked for quality American-
invested infrastructure deals in need of funding.
The OPIC officials were happy to meet Chamber
members interested in OPIC products who were
present at the event. They gave a presentation, had
an efficacious Q&A session with the members, and
continued the evening with one-on-one networking
with the members who shared their views on the
business climate and opportunities in Zambia.
Photo: OPIC Official talks to Chamber members at cocktail reception
American Chamber of Commerce in Zambia 2014 Thanksgiving Dinner
AmCham Zambia had a marvellous Thanksgiving
Dinner held at the InterContinental Hotel Lusaka on
the 21st of November. With 150 guests in attendance, the
Chamber was happy to share a meal with its members,
partners and friends. The Chamber was also honoured
to host the new United States Ambassador to Zambia
Mr. Eric Schultz, U.S. Embassy Deputy Chief of
Section Political and Economic Affairs Mr. Adam D.
Ross, and Lusaka Minister of Commerce Trade and
Industry Honourable Robert Sichinga at the event.
The evening was filled with great entertainment
by a live band and the guests enjoyed a
traditional Thanksgiving meal with joyful banter.
Photo: U.S. Ambasador Mr. Eric Schultz shakes hands with Minister of
Commerce Trade and Industry Hon. Robert Sichinga, as Interim AmCham
President Mr. Jason Kazilimani Jr. looks on at the 2014 Thankgiving Dinner
After the meal, guests participated in raffle drawings
getting to win prizes donated from Catwalk Boutique,
Genuine Collections, Southern Sun Hotel, Protea
Hotel Lusaka, Jewel of Africa, InterContinental Hotel
Lusaka, DeJulie Hair Salon, Renew Medica, and
Avocado Hair & Day Spa. As the event was winding
down, guests had got to show off moves on the dance
floor, and take fun pictures in the photo booth to
remind them of a wonderful American Chamber
of Commerce in Zambia Thanksgiving Dinner.
AmCham graciously thanks Chamber members
KPMG, BUK Truck Parts, Ernst & Young, LaFarge,
Streetwise Ltd, and Citibank for their sponsorships of
Thanksgiving Dinner. We also thank Pepsi and The
Wine Shop for their generous beverage donations to
the evening.
Page 8
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Tel: +260 211 25 00 05 www.jewelofafrica.com
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Timeline: December 2014
Global Entrepreneurship Week (GEW)
Global Entrepreneurship Week (GEW) is the world’s
largest celebration of innovators and job creators
who launch startups that bring ideas to life, drive
economic growth, and expand human welfare.
During one week each November, GEW inspires
people everywhere through local, national, and global
activities designed to help them explore their potential
as self-starters and innovators. These activities, from
large-scale competitions and events to intimate
networking gatherings, connect participants to
potential collaborators, mentors and even investors—
introducing them to new possibilities and exciting
opportunities.
Global Entrepreneurship Week arrived late in Zambia,
running from December 1st - 6th, 2014, due to the
national mourning observed for the passing of the
5th republican president of Zambia, H.E. Michael
C. Sata during the month of November. In Zambia,
COMESA and the COMESA Secretary General, Mr.
Sindiso Ngwenya had been instrumental in supporting
the GEW activities both directly and indirectly by
endorsing as the GEW-Zambia Patron and various in-
kind logistical support of the GEW activities through
its support to the Zambia-COMESA SME Toolkit and
ELIF Business Solutions Ltd. in making the activities
of the Zambia GEW a success. Collaborating partners
in Zambia also include TEVETA, Dana Holdings and
the Zambia Development Agency.
In 2012, AmCham Zambia partnered with Zambia-
COMESA SME Toolkit to host a business plan writing
competition. This year, AmCham Zambia participated
in GEW by being a part of a discussion panel where
representatives from the United States Embassy in
Lusaka were also present.
Massive Open Online Courses (MOOC)
In commemoration of Global Entrepreneurship Week,
the United States Embassy in Lusaka Public Affairs
Section and Pol/Econ partnered with the Zambia
Chamber of Small and Medium Business Associations
(ZCSMBA) and the American Chamber of Commerce
in Zambia for the launch of a Massive Open Online
Course (MOOC) on “Growing Entrepreneurship in
Transitioning Economies.” This is was an online course
taught by Professor Michael Goldberg of Case Western
Reserve University in Ohio. Guests at the MOOC
included members of the Chamber and members of the
Alliance for Youth Entrepreneurs, which is comprised
of students from different universities in Zambia.
AmCham participated in the MOOC by hosting and
moderating sessions. The sessions included a series
of 15 minute videos followed by a discussion with a
group of young entrepreneurs. On December 4th,
the Chamber hosted the session “Leveraging Anchor
Institutions”, where Mr. Simunza Muyangana of
BongoHive was invited as the session moderator.
Photo: Simunza Muyangana Co-founder of Bongohive moderates on
MOOC topic “Leveraging anchor institutions” at the AmCham Zambia HQ.
Timeline: December 2014
Page 10
Timeline: December 2014
Simunza explained about BongoHive, Zambia’s first
technology and innovation hub. BongoHive’s goal
was to build upon the entrepreneurship hub concept
already proven to be successful in several other Sub-
Saharan countries. BongoHive was established as a
social enterprise that contributes to local social and
economic development through skills development,
professional networking and technological innovation,
and to unleash the untapped potential of young
people seeking to succeed while making a difference
through their careers. BongoHive aims to aid creative
and technologists by enhancing skills, strengthening
networks, increasing collaboration, providing a
forum for ideas exchange, and reducing the barriers
to entrepreneurship. This session shed light on what
anchor institutions would be like had there been many
in Zambia.
On December 11th, the Chamber hosted the “Access to
Capital/Mentoring”, which included the topics of seed
acceleration, angel investing, and venture capital. This
course was by Mr. Jito Kayumba of Kukula Capital.
Photo: Jito Kayumba, Partner at Kukula Capital Plc. moderates on MOOC
topic “Access to capital/mentoring (including seed acceleration, angel
investing and venture capital)” at the AmCham Zambia HQ
Kukula Capital is a leading venture finance and private
equity firm in Zambia. The company operates under
two main business areas: Fund Management and
Advisory. Kukula Capital acts as fund manager to
their two venture funds: Kukula Fund I and Kukula
Seed Fund. Through the funds, Kukula Capital invests
in growing companies in Zambia, facilitating the
company’s with capital and expertise.
The Chamber closed off the MOOC as the last event in
2014 and looks forward to more events in 2015.
Contact Us:
For more information about the American Chamber
of Commerce in Zambia, its committees, past and
upcoming events, do not hesitate to get in touch with
the Chamber Secretariat at the following details:
Phone: +260 975 028 026
Email: [email protected]
Courtney: [email protected]
Dailesi: [email protected]
Address: Stand No. 1200
Twikatane Road, Rhodespark
Lusaka, Zambia
Page 11
ABOUT THE AMERICAN CHAMBER OF COMMERCE IN ZAMBIA
MISSION The Chamber aims to serve American citizens and controlled companies/organizations doing busi-ness in Zambia as well as Zambian businesses which are already or seeking to become involved in
trade with the United States. AmCham has and will continue to achieve this through establishing a network with relevant forums for sharing information, exchanging ideas, and interacting with rele-
vant American and Zambian public policy makers. It is the ultimate goal of the Chamber to increase commerce and trade between the U.S and Zambia.
OBJECTIVES Further the development of commerce between the United States of American and the business com-
munity and Government of Zambia;
Promote the interest of its members in trade and investment between and in the two countries;
Gather and disseminate information on trade and investment; and
Do what is necessary to promote, encourage and facilitate commerce between the United States of America and the business community and Government of Zambia
MEMBER SERVICES
NETWORK • Access to member directory including key business and government contacts
• Business-to business matching • Business visa application services
EVENTS• Interactive website and social media networking Events
• Monthly business networking and social events • Trade mission to and from the United States
• Luncheon and dinners featuring American and foreign business leaders and high-level officials • Trade shows and exhibitions
RESOURCES • Expert consulting on export-import market and foreign investment in Zambia
• Quarterly newsletter, regular e-bulletins, and periodic publications
www.amchamzambia.com | [email protected] | +260 975 028 026
BOARD OF DIRECTORSMr. Nasir Ali
Mr. Kwame Asiedu
Mr. Paul Kaluba
Mr. Samir Karia
Ms. Mildred Kaunda
Mr. Jason Kazilimani Jr.
Mr. Jonathan Lewis
Mrs. Josephine Makondo
Mr. Raj Sharma
Mr. Adam Ross (ex-officio)
EXECUTIVE COMMITTEEMr. Jason Kazilimani Jr., PRESIDENT (Interim)
Mr. Paul Kaluba, VICE-PRESIDENT
Mr. Nasir Ali, TREASURER
Mr. Samir Karia, SECRETARY
COMMITTEES & CHAIRSADVOCACY - Samir Karia, Citi Bank
BUSINESS LINKAGES -Benjamin Katubiya, BUK Truck Parts
CSR- Jessica Menon
FELLOWSHIP- Mildred Kaunda, Cutting Edge PR
MEMBERSHIP- Raj Sharma, Jewel of Africa
PROFESSIONAL DEVELOPMENT- John Serlemitsos, Platinum Gold Equity
SECRETARIATPrograms Manager: Dailesi Njobvu
SME Development Specialist: Courtney Tuxbury
PLEASE EMAIL [email protected] IF YOU WISH TO JOIN A COMMITTEE.
Board of Directors and Committees
www.amchamzambia.com | [email protected] | +260 975 028 026
Two days of cutting-edge best practice learning and innovative tools and technologies that are advancing rural and agricultural market development. Cracking the Nut brings together food companies, financial institutions, investors, donors, governments and development practitioners to discuss how best to co-
invest in agriculture.
LEARN ABOUT: CLIMATE CHANGE, ENVIRONMENTAL PROTECTION, AGRICULTURAL INFRASTRUCTURE, FINANCIAL
INCLUSION, AGRICULTURE AND LIVESTOCK IN AFRICA.
email: [email protected]
GAIN EXPERT INSIGHTWith 3 plenaries, 18 interactive breakout sessions and world-class speakers from both the public and private sector, participants will have a wide variety of content to choose from.
GREAT OPPORTUNITIES FOR NETWORKING With over 300 professionals representing development organizations, governments, donors, banks, investors, and private sector companies, Cracking the Nut is a great opportunity for you to forge new professional contacts.
RELIVE THE CONFERENCEAll conference materials, including presentations and handouts, will be made available to all attendees following the event.
THREE FULL TRACKS The conference will showcase competitively selected best practices through three tracks with an eye toward climate change:
■ Strengthening Rural & Agricultural Infrastructure
■ Expanding Financial Services to Rural Areas ■ Improving Agricultural Production
Our three-track event means you have a choice to pick the sessions that work best for you.
THE MOST UP-TO-DATE CONTENTWe will cover topics that matter the most to today’s agribusiness developers. Best practice knowledge you can apply to your projects related to climate change, infrastructure, finance and investment, livestock and more.
March 2 – 3, 2015 • Radisson Blu Hotel • Lusaka, Zambia
SPONSORS
www.crackingthenutconference.com
Members of the American Chamber of Commerce in Zambia
23rd Century Systems
Action Auto
Advantage Insurance Ltd
AFGRI
AGCO
Airtel
Alendo Travel
AON
Auto World
BDO
Berone
Better Now Finance
Blue Ocean Signs
BUK Truck Parts
Cargill
Catholic Relief Services (CRS)
Catwalk Boutique and Salon
Chetak Zambia Limited
Citi Bank
Coca-Cola
Complete Enterprise Solutions
Conveyer Engineering & Equipment
Copperbelt Energy Corporations
Corpus Globe Corporate Solutions
Corpus Legal
CP Engineering
Cutting Edge
Dana Holdings
Deloitte
DigiPrint
EnviroBoard
Ernst & Young
Even Data
Exodus Worldwide Van Lines
FedEx
FHI 360
First National Bank (FNB)
Focus Financial Services
Fortuna Entreprises Ltd
Foxdale Court
Fresh Springs Investment Ltd
General Electric (GE)
Genuine Collections
Grant Thornton
Hollard Insurance
IBM
InfoSense
InfoTech Business Solutions
Intercontinental Hotel (Z) Ltd
Investrust Bank
Jewel of Africa
JPHIEGO
Keskidz
KPMG
Lafarge Zambia
Lukama Enterprises
Luwaka Enterprise Ltd
Madison Health Solutions
Marsh Zambia
Micmar Investments
Microsoft
Monsanto
Mwacho Exclusive Boutique
NAC 2000
NECOR
NWK
OLAM
Pioneer/DuPont
PriceWaterhouseCoopers
Printech
Protea Hotels
R6 Ventures
Radisson Blu Hotel
Southern Sun Hotel
Stabo Air
Street Wise
Taj Pamodzi Hotel
Transunion
Triblems
Tyre King Enterprises
Universal (Zambia Leaf Tobacco)
Ursa Security International
Visa
ZAMEFA
Zeta Homes
Page 16
PHOTO GALLERY