EXPANDING INTO AFRICA

1 in 10 business who expect growth in the next two years are considering expanding outside South Africa - growing to almost 1 in 5 Commercial customers.

Standard Bank Fact Sheet

1 in 10 business who expect growth in the next two years are considering expanding outside South Africa - growing to almost 1 in 5 Commercial customers.

Standard Bank Fact Sheet

1% considering North Africa

Standard Bank Fact Sheet

1% considering North Africa

Standard Bank Fact Sheet

14% considering Global Regions outside of Africa

Standard Bank Fact Sheet

14% considering Global Regions outside of Africa

Standard Bank Fact Sheet

30% considering West Africa

Standard Bank Fact Sheet

30% considering West Africa

Standard Bank Fact Sheet

37% considering East Africa

Standard Bank Fact Sheet

37% considering East Africa

Standard Bank Fact Sheet

48% considering Southern Africa

Standard Bank Fact Sheet

48% considering Southern Africa

Standard Bank Fact Sheet

About Nikiwe Bikitsha

About Nikiwe Bikitsha

Follow Nikiwe

Nikiwe Bikitsha is one of South Africa’s leading journalists and broadcasters. She’s enjoyed an illustrious 20-year career as one of the most trusted news and current affairs presenters and talk show hosts in radio and television.

She’s worked for broadcasters like Primedia, SABC and eNCA.

Previous awards include the Sanlam financial journalism award in the TV category in 2010
Women in media rising star in 2006
Mondi creative writing category for her column in the Mail & Guardian in 2010

Nikiwe is also a highly sought after Programme director of events and moderator of panel discussions.

She’s passionate about Africa’s economic development and believes that women should be at the forefront of these efforts.
To that end, she’s the co-founder of Amargi Media, a content company which aims to tell African stories in a compelling way.
Nikiwe holds a B.A honours degree in Journalism and media studies from Wits University and is completing her M.A at the same institution.
She’s a previous recipient of the Fulbright Hubert Humphrey fellowship to the Walter Cronkite School of Journalism in the U.S 2012 - 2013

702 CROSSINGS


COUNTRIES

UNPACKING ZAMBIA

Sector Contributions to GDP

Industry, 31.9%
Service, 58.8%
Agriculture, 9.30%
Standard Bank, Zambia Fact Sheet 2016

Inflation and real GDP growth

Inflation

2014, % 7.0
2015(f), % 7.7
2016(f), % 7.4
2017(f), % 6.7
2018(f), % 2018

Real GDP Growth

2014, % 5.6
2015(f), % 5.8
2016(f), % 6.4
2017(f), % 7.8
2017(f), % 7.3
African Markets Revealed, September 2016 – Standard Bank

SOCIAL

*Population:

    – 15 066 266 people (2015 estimate)

    – Widespread, extreme rural poverty and high unemployment levels remain a significant problem. It is estimated that 64% of the population live below the poverty line.

* Languages:

    - English, Nyanja, Bemba, Lozi, Kaonde, Tonga, Lunda and Luvale

African Markets Revealed, September 2016 – Standard Bank
Zambia FACT SHEET 2016 – STANDARD BANK

TECHNOLOGY

    There has been an increased interest in improving the telecommunications infrastructure. The Zambian government entered into a partnership with Huawei Technologies to deploy 169 cell towers in underserved areas to sustain its rural expansion strategy.

    Improving Internet connectivity will play an important role in economic development and business processes in Zambia over the medium-term.

Standard Bank, Zambia Fact Sheet 2016

POLITICAL/LEGAL

    Zambia has a mixed legal system of English common law and customary law.

    President Edgar Lungu was elected on 25 January 2015, following the death of former president Michael Sata in office. Under Zambia’s constitution, President Lungu was only eligible to serve the remainder of Sata’s election term until the next general election. He was re-elected to a full five-year term at the 2016 general election.

Standard Bank, Zambia Fact Sheet 2016

ENVIRONMENT

    The El Niño weather phenomenon has brought about below-average rainfall and drought. This has affected the availability of water, which is critical for hydroelectricity generation.

    Environmental issues include air pollution, deforestation, soil erosion, desertification and lack of adequate water treatment which presents human health risks.

Standard Bank, Zambia Fact Sheet 2016

OPPORTUNITIES

    Zambia is economically open, with low levels of governmental red tape. This significantly enhances the attractiveness of its business environment. Companies operating in Zambia will encounter a favourable tax regime, with various incentives and international agreements lowering the cost of doing business.

    Setting up a business is a straightforward process, and the cost of construction permits is low.

    Zambia offers one of the most competitive crime and security environments in sub-Saharan Africa. Businesses and foreign workers in Zambia benefit from a safer environment than in most other sub-Saharan Africa countries, with lower crime rates, a negligible threat from domestic or international terrorism and a secure strategic environment.

Standard Bank, Zambia Fact Sheet 2016

CHALLENGES

    Businesses face the highest degree of operational risk from Zambia’s logistics capabilities. Zambia is a landlocked country with high trading costs because of its lack of a coastline. Other threats include the rising road congestion, high energy costs and the limited availability of utilities. The poor transport infrastructure makes trade costly and time consuming.

    Low levels of Internet penetration damage Zambia’s attractiveness to investors, as Internet access is critical to international business. The e-commerce market is relatively new, so companies would need to rely on alternative channels for marketing and financial transactions.

    The new mineral royalty tax regime could result in the closure of less profitable mines. This will lead to the loss of thousands of jobs and of additional foreign investment.

Standard Bank, Zambia Fact Sheet 2016

Nikiwe in Zambia

UNPACKING NIGERIA SOON...

UNPACKING MAURITIUS SOON...

UNPACKING UGANDA SOON...

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