TIKZN Developing New Markets for KZN Traders

Friday, September 23, 2011 by Trade & Investment KwaZulu-Natal

Trade & Investment KwaZulu-Natal (TIKZN), will be heading towards Angola from 26 - 30 September 2011 on a trade mission along with approximately ten KwaZulu-Natal (KZN) based companies who are keen to gain business links in Luanda and Benguela.

The delegation will be led by the Department of Trade and Industry. These businesses hail from the construction, civil engineering, retail, information communication technology, clearing and forwarding sectors.

This particular trade mission will enable the KZN companies to establish trade opportunities that currently exist, as well as successfully initiate markets for individual companies in Angola, establish trade-business linkages for the KZN exporters, identify product opportunities and successfully profile Trade & Investment KwaZulu-Natal in this market. The delegation will attend a business forum in Angola as well as business to business networking meetings.

The government of Angola have been keen on diversifying its economy to encourage trade and private investment in the non oil and gas sector. The government is making significant efforts to rebuild the country's infrastructure and drive forward development.

Zamo Gwala, CEO of Trade & Investment KZN, said: "The government and Angolan companies are keen to do business with South Africa, evident during the successful first bilateral state visit that President Jacob Zuma had undertaken 2009, when an MOU on Trade Co-operation between the two countries were signed."

He continued: "Trade and Investment KwaZulu-Natal participated in mission led by the Premier Mkhize to the State of Benguela where a general framework for cooperation between the provinces was established".