AmCham Zambia 2014 Q4 Newsletter

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Stand 1200 Twikatane Road | Rhodespark | Lusaka [email protected] | 0975.028.026 amchamzambia.com October - December 2014 AmCham News American Chamber of Commerce in Zambia 2015

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Happy New Year from AmCham Zambia! Here's a recap of AmCham Zambia activities from October - December 2014.

Transcript of AmCham Zambia 2014 Q4 Newsletter

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Stand 1200 Twikatane Road | Rhodespark | Lusaka [email protected] | 0975.028.026

amchamzambia.com

October - December 2014

AmCham NewsAmerican Chamber of Commerce in Zambia

2015

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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

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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

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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.

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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

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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.

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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

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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

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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

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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

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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.

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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:

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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

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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

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PHOTO GALLERY

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