Koncola Copper Mines has launched the SAP-SRM System which aims to ensure efficiency and transparency in dealing with suppliers. The system is also expected to cut-down stationery, admin, and transport costs for both KCM and vendors.

Reddiff

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Munali to Review Mining Methods

Munali Nickel Mine which closed in 2011 due to a sink hole that emerged, is scheduled to resume operations soon. Mines Minister C. Yaluma said the mine has agreed to review mining methods to optimise profits.

Post Zambia

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Zambia Quick Facts

The staple food in Zambia is a thick cornmeal mash called "nshima". Some Zambians feel that a meal is not complete without it!

Source: Country Reports

Maysen & Borowski Group

Perth

Unit 53

11 Tanunda Drive Rivervale 6103

Ph: +61 8 6365 5657

Zambia

Plot No. 155 Kabulonga Road, Lusaka

10101 Zambia

September 2013 | Issue No. 13

Maysen & Borowski Group had a busy month in August with a strong presence at the Africa Down Under (ADU) conference held in Perth. ADU is one of the biggest African focused mining conferences in the world.This is the 11th ADU conference since its inception and has become an important forum for pro Africa business discussions and presentations. The conference attracts a great deal of interest and from organisations planning to invest in projects in Africa or who have interest in doing business in Africa.

During ADU, Maysen & Borowski Group successfully hosted two separate focus meetings during the conference for Zambia and Nigeria. The focus meetings provided opportunities for company executives to meet with Ministers and Government officials to discuss key investment opportunities. This year, the two meetings successfully hosted a combined total of about 60 company executives from multinational and local companies across multiple sectors including mining, energy, construction and R&D. Both meetings attracted a number of executives who were able to acquire a better understanding of the investment climate in both countries.

I am also excited to announce that Maysen & Borowski Investments will be hosting an Executive Tour of Zambia from the 11 to 17 of November 2013. The Executive Tour will provide company executives with a real perspective of how business operates in Zambia and present tangible opportunities for investment with local partnership or direct business expansion in to the country. The tour has the support and cooperation of the Australian and Zambian Governments. This is an excellent opportunity for any business or individual who has been considering entering the African marketplace but is unsure how.

Zambia is a perfect foundation to launch from. Full details can be found below. Please feel free to get in touch with me to discuss the tour or express your interest.

Sincerely,

Matthew Borowski

Exdecutive Director & Group Manager - Finance & Corporate Services

Maysen & Borowski Group

Maysen & Borowski Hosts Another Successful High-Level Zambia Investment Meeting

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Maysen & Borowski Group hosted another successful high level investment meeting during the Africa down Under Conference (ADU). The event focused on investment opportunities in resource and infrastructure development in Zambia and was attended by the Zambian Minster for Mines, Energy and Water Development Hon Christopher Yaluma, Zambian High Commissioner to Australia, His Excellency Mwelwa Chibesakunda, Australian High Commissioner to Zambia, his Excellency Matthew Neuhaus, Zambia Electricity Supply Corporation (ZESCO) Managing Director Cyprian Chitundu and senior management from both government and Zesco. The meeting attracted over 30 executives from multinational and local companies with a keen focus on Zambia. Attendees hailed the meeting as a success as it provided opportunity for the company executives to listen from the Minister and attached high commissioners on the growing opportunities in Zambia.

M&B News

11 Australians Make a Difference in Zambia

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On 1st September 2013 a team of 11 West Australians began the 6 day, 500km Ride4Life journey from Livingstone to Lusaka. The bike ride was organised by Health Hope Zambia, an Australian based charity supported by M&B. All funds raised were for the refurbishment of the A07 ward at the University Teaching Hospital, Zambia's primary health facility. The A07 ward cares for the most severely malnourished children from all across Zambia. The ward was in desperate need of renovations, equipment and medication. Sedgwick, a wholly owned subsidiary of Chrysalis Resources, an Australian exploration mining company, was the major sponsor and contributor to the ride.

M&B News

Africa Down Under 2013

Perth has successfully hosted another African Down Under (ADU) conference. This is the 11th African Down Under conference since its inception and has become an important forum for pro Africa business discussions and presentations. null

The conference attracts a great deal of interest and from organisations planning to invest in projects in Africa or who have interest in doing business in Africa. The event is the second largest African investment conference held globally, second only to the Mining Indaba in Cape Town.

M&B Investments successfully hosted two separate focus meetings during the conference for Zambia and Nigeria. The focus meetings provided opportunities for company executives to meet with Ministers and Government officials to discuss key investment opportunities. This year, the two meetings successfully hosted a combined total of over 70 company executives across multiple sectors including mining, energy, construction and R&D.

M&B News

Zambia More Popular after UNWTO

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UNWTO noticed that Zambia has become more popular worldwide after co-hosting the 20th General Assembly in August.

"You have jumped 1,000 steps in one week and you made the whole of Africa smile, shine and proud," said Secretary General Taleb Rifai during his speech at the launch of the Mwandi Cultural Village in Western Province.

Times of Zambia cached

ZRA Motivates Workers with Housing Project

According to Commissioner General Berlin Msiska of the Zambia Revenue Authority (ZRA), Kasumbalesa Border has recorded a 50 per cent increase in revenue collection. Kasumbalesa is the busiest transit border which handles 500 to 600 trucks of Zambian imports daily.

Finance Minister Alexander Chikwanda, has toured the border and remarked the improvements brought about by the ZRA. He also cited the ongoing provision for housing and other infrastructure developments, as well as enhanced network connectivity across ZRA port facilities in the country.

The minister expressed concern about the poor accommodation for the ZRA staff. He mentioned that providing newly-built houses for the staff will serve as motivation to collect more revenue which would translate into more funding for other development projects.

All Africa cached

Economy Boost for Zambia after Currency Re-basing

According to Zambia's statistics agency, the country's US$ 20.7 billion economy is estimated to be a fifth bigger than currently measured after a re-basing exercise later this year. The growth is brought about by the expansion of the mining industry over the past years.

"In the last three or four years the mining sector has changed in terms of structure and contribution. There are other sectors that have come on board in the last 10 years or so, and these have also completely changed the structure of the economy." -- John Kalumbi, Central Statistics Office Director.

Bloomberg cached

RDA shames Chinese contractors

The Road Development Agency (RDA) has cautioned Chinese contractors reluctant to sub-contract the mandatory 20% of their road contracts to local contractors that they may have their contracts cancelled. In the words of recently appointed RDA CEO Charles Mushota (Post 27 August):

"To those which were brought to my attention, and I would not be shy to mention the two companies: One of the companies is the one contracted to do the L400 [Lusaka 400 kilometres road project], and I personally called the man in charge [of AVIC international]. I didn't have a nice time, I should admit. Even if L400 was a loan from the [Chinese] EXIM Bank, I think I was ready to advise the government that if this is the way to go, they would rather do away with L400. And I should report that I received a call from China; the principals of L400 were trying to be very apologetic, and I told [them] that God gave you two ears so that you can listen more and talk less. The other company where I got a report was Sino Hydro. I phoned Sino Hydro, and I gave them my piece. Also, I did instruct my director of construction and rehabilitation that

we should meet all the contractors, because the resistance is not from all contractors. Mostly it's from the Chinese contractors. (...) but I can assure you that we are going to deal with them."

Post Zambia cached

AfDB Pilot Project in Zambia and Tanzania

The African Development Bank (AfDB) Private Sector Department will be launching a three-month pilot business initiative in Zambia and Tanzania. The project covers industries and services sectors.

The Bank has long been funding for the continent's growth through assisting public and private sector. Worth US$ 1.5 billion has been committed by AfDB to such initiatives since 2006.

AfDB News cached

DON'T MISS

THIS UNIQUE BUSINESS OPPORTUNITY

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Zambia Executive Tour

November 10th to 17th, 2013

Australian business leaders with a keen interest in capitalising on emerging markets within Africa should make this journey a priority. The Zambian Executive Tour will provide you with a comprehensive insight into how project development and investment markets operate within Zambia.

The tour will expose you to:

Download Full Brochure

Real opportunities across multiple sectors
Government ministers and officials
Active Zambian business executives
Zambian mine sites
Potential local partners
Local culture

More Details

Contact Mr. Reid Smith for Further Information

+61 (0)8 6365 5657

reid.smith@maysenborowski.com.au

Please do not respond to this automated message. If you require assistance contact our customer service department at enquiries@maysenborowski.com.au

The information contained in "Zambia Focus" is collected from a variety of sources on a "best intentions" basis. Maysen & Borowski makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose. Any information presented in "Zambia Focus" is not a solicitation to purchase or acquire any securities. Use of this service is an acceptance of this disclaimer.