Tuesday, May 24, 2016

South African Farmers to Invest in Zambia
May 22, 2016

Twenty-four of South Africa’s leading farmers will arrive in Zambia on Tuesday to open discussions with Government on how they can move their investment into the country’s agricultural sector.

The farmers, who literally control South Africa’s agricultural economy, will meet Agriculture Minister, Mr. Given Lubinda and other senior Government officials on Wednesday afternoon, while the schedule for a meeting with President Edgar Lungu is yet to be

The farmers, who each have an annual turnover in excess of 6 Point 5 million per year and have been organised under the auspices of Agri All Africa, are focusing to invest in areas of fresh produce which include sugar cane, wheat, maize, soya beans, livest

The farmers have identified, among other countries; Zambia, Nigeria, Democratic Republic of the Congo, Angola, Mozambique, Malawi, Ivory Coast, Ethiopia, Tanzania, Namibia and Sudan as their immediate investment destinations.

Zambia has been hailed as number one priority because of its proximity to South Africa which made it easier for the farmers to drive their equipment into the country.

The decision to travel to Zambia was made last month at a meeting organised by Agri All Africa held in KwaZulu-Natal, South Africa.

This is according to a statement issued to ZNBC News by Press Secretary at the Zambian High Commission in South Africa Nicky Shabolyo.

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