• ZAMBIA CHAMBER OF COMMERCE AND INDUSTRY • The ZACCI Journal The voice of the private sector National Budget 2014 Analysis & Tax Highlights Alchemy Women in Leadership Leaning In for women in the workplace Competitive Advantage | ZACCI NEWS | ANALYSIS | INTERVIEW | IT | HUMAN RESOURCES | HUMAN | IT | INTERVIEW |ANALYSIS NEWS | ZACCI What is it and Chamber Undercover how can you We investigate: How get it? efficient are Zambian Border Posts? POLICY NEWS POLICY | BUSINESS NEWS BUSINESS Volume 2 Issue 3 • December 2013 • The office you need,where you need it. Whatever kind of office space you want, you’ll only ever pay for what you use – nothing more. That’s true for small businesses looking for a base, bigger businesses looking for branch offices and global businesses seeking new markets. If you need an office all of the time, or part time, we can help. If you need an office occasionally we can help too, and should you need the ultimate in flexibility, our business centres across the globe, including right here in Zambia, give you a working base wherever and whenever you need. See what we can do for your business in the heart of Lusaka and stay tuned for our upcoming centre opening in Harare later this year. +27 11 510 0500 regus.co.zm RE2628_REG_Print Ad_275x205 Zacci Zambia_ZM_EN v6.indd 1 24/07/2013 15:49 PACRA OFFICES HEAD OFFICE COPPERBELT OFFICE Mwayi House, Haile Selassie Avenue Kitwe One Stop Shop, P.O. Box, 32020 - LUSAKA First Floor West Wing, Tel: (+260) 211-255151/255127 Nchanga House, Fax: (+260) 211-255426 Cnr Enos Chomba Road President Avenue, LUSAKA ONE STOP SHOP P.O. Box 20088 - KITWE Kwacha House, Cairo Lusaka Tel:(+260) 02-221570 Fax:(+260) 02-221580 EASTERN PROVINCE REGION OFFICE Second Floor ZESCO Building SOUTHERN PROVINCE Behind ZANACO Branch REGION OFFICE Off Parirenyetwa Road One Stop Shop Building P.O. Box 510414 - CHIPATA (Tourism Centre) Tel: (+260) 06-222274 Next to Livingstone Museum Fax: (+260)06-222275 P.O. Box 60518 - LIVINGSTONE Tel:(+260)213-324236 WESTERN PROVINCE OFFICE Fax:(+260)213-324228 Plot 304, Lusaka Road Opposite Catholic Diocese Admin MUCHINGA PROVINCE MONGU REGION OFFICE Tefax: (+260) 07-221940 Plot No. 252, Nambuluma Road Town Centre, (Formerly JEBRESA NORTH-WESTERN PROVINCE OFFICE General Dealars) P.O. Box 480152 NAPSA Building, Second Floor, CHINSALI. Tel: (+260) 04-565090 Room 26, Plot No. 240, Independence Avenue, NORTHERN PROVINCE OFFICE P.O. Box 110495 - SOLWEZI Plot No. 5, Mubanga Chipoya Road Tel:(+260) 08-821743 Town Centre, P.O. Box 410273 KASAMA CHOMA OFFICE Tel:(+260) 04-221292 Butala House, ZSIC Building Fax:(+260)04-221241 P.O. Box, 630203 - CHOMA Tel: (+260) 213-221440 twitter.com/pacrazambia [email protected] www.facebook.com/pacrazambia PACRA - BUSINESS STARTS HERE!! www.pacra.org.zm OM OF C MERC ER E B AN M D A H IN C D IA U B S T M R A Y Z ZACCI to prosper ZACCI UPDATES Executive Committee Members ZACCI President’s Message 3 President Mr Geoffrey Sakulanda Chamber News 4 5 Immediate Past President Policy News Mr Hanson Sindowe Business Environment News: Business Registration 7 Vice President North ZACCI Launches New Website 9 Mr Raj Karamachand Zambia: Key Economic Variables 10 Vice President South ZACCI Photo Focus 12 Dr Chabuka Jerome Kawesha Chamber Undercover: Border Realities 14 Treasurer 16 Mr George Nonde ZACCI Study Tour ZACCI Helps Zambian Businesses Hook a Big Catch! 18 Trustees Mr Ashok Oza Mr Eddie Kapungulya Mr Abel Mkandawire Dr Francis M Ndilila Editor Katarina Zeravica Keti Editorial Services Mobile: +260 (0)974 136 036 [email protected] www.ketiedits.com FEATURE AND ANALYSIS Contributing Writers Zambia’s Budget for 2014 20 John Nsakanya 26 Pontino Tembo Toyota Zambia Urges Government to Limit the Age of Second Hand Vehicles Nyambe Nambayo BDO Highlights of Tax Changes 28 Sheila Kalilele Martin Liebetanz The Alchemy Mentorship Programme 32 Isaac Ngoma Chimango Chikwanda Mentoring - A personal prespective! 34 Catherine Fundafunda Branding Yourself with a Competitive Advantage 37 Gary Segal Layout Keti Editorial Services Printers United Printing Publishing Abu Dhabi, UAE For Further Information Contact Zambia Chamber of Commerce and Industry P.O.Box 30844 Lusaka Zambia REGULARS Telephone Numbers +26(0) 21 1 252483 ZACCI Executive Committee 40 +26(0) 21 1 253020 ZACCI Membership Application Form 41 +26(0) 21 1 253007 ZACCI Representations on Boards/Committees 42 Fax +26(0) 21 1 253020 ZACCI Membership List 43 Foreign Missions Accredited to Zambia 44 E-mail [email protected] Zambian Diplomatic Missions: Contacts 45 [email protected] [email protected] [email protected] Website www.zambiachamber.org We are the voice of the private sector! 2 ZACCI Journal 2013 ZACCI UPDATES President’s Message Geoffrey Sakulanda It is my pleasure, and indeed that of the entire ZACCI family, to In October 2013, ZACCI, in collaboration with the Zambia welcome you to the 3rd issue of the rebranded ZACCI Journal. Development Agency (ZDA), hosted a visiting Polish business On behalf of ZACCI, I would like to most sincerely thank all delegation, led by that country’s Prime Minister, Donald our collaborators and partners who continue to support the Franciszek Tusk,that was drawn from various business sectors of production of the Journal through their criticisms, contributions the Polish economy. I thank all the Zambian business houses that of articles, the placement of advertising messages and other took time off from their busy schedules to attend this non-material support. successful event. I congratulate Alinaswe Developments and Gladrich Investment of Zambia for signing a memorandum of This issue comes during a rather interesting period. The understanding with Izodom of Poland to construct 20 Housing Minister of Finance has just presented the National Budget, and units at Silverest Estate. as expected, the Business community has been analysing and reviewing it and assessing the impact thereof on their business On November 2, 2013, ZACCI held the first ever business match operations and their strategic plans. It is my hope that you will making event at Protea Hotel in Chisamba. The event brought find the articles on the budget, educative and interesting to together CEOs of various companies and included presentations read. on the budget from BDO Zambia Ltd and the Economics Association of Zambia as well as other presentations from the As I indicated in the August issue, ZACCI – together with the sponsors. This was later followed by a speed business dating Chamber of Mines, Biofuels Association of Zambia, Tourism session and a short fishing session. May I take this opportunity Council of Zambia, Zambia Association of Manufacturers, to thank our sponsors Sky Trails, Action Auto, Lusaka Angling Zambia Federation of Employers and Zambia National Farmers Centre, Protea Hotel and Autoworld for making this innovative Union – have jointly created an umbrella private sector alliance event a reality and the success that it was. called the Zambia Private Sector Alliance. I am glad to report that the Alliance was officially launched on 17th September So, enjoy the read. Please remember that we value your 2013 at the Taj Pamodzi Hotel. comments and criticisms and I invite you all to contribute your articles and opinions and advertisements to the next issue. ZACCI has continued to build the internal capacities of the executive committees of chamber members through Chamber Finally, whatever is the nature of your business, may you remain Development Training Sessions. Executive members of Mansa, profitable! Livingstone, Mpika, Kasama, Northern and Luwingu chambers were trained between August and November 2013. In addition to this, ZACCI has continued to facilitate the creation of chambers in districts where they did not previously exist. The latest addition to the chamber movement is the Chinsali Chamber of Commerce and Industry which was established on 21st October 2013. 2013 ZACCI Journal 3 ZACCI UPDATES Chamber News By Nyambe Nambayo ZACCI Membership Officer ACCI extends its presence to the Chinsali District - the new provincial headquarters of Muchinga Province. Muchinga Province was newly formed in November 2011 and is made up of parts of the Northern and Eastern Provinces. The introduction of a new province has been done in an effort to Zstreamline local administrative structures. The headquarters of the Province is in Chinsali. Chinsali District lies on the watershed between the Following these economic activities taking place in the Chambeshi River in the Congo Basin and the Luangwa River Muchinga provincial headquarters in Chinsali, ZACCI, on the in the Zambezi Basin. The north-eastern half of the District is 21st of October, 2013, organized a general business a relatively flat plateau of 1200-1300m elevation, especially Community Meeting at which the business community along the Chambeshi River, but the south-western half has an resolved to the form the Chinsali Chamber of Commerce and attractive landscape of granite hills with an elevation of Industry. 1500-1600 m, which is where the country estate of Shiwa Ngandu is located. 66 So far, institutions such as ZANACO, Bank ABC, Despite running along the edge of the upper Luangwa Valley, Indo-Zambia Limited have come in and Continental Oil has there is no road access from the District to the valley and its opened the first ever filling station 6 national parks, except with specially-licensed off-road tour in the District. 6 companies. In this regard, Chinsali District as a provincial headquarters is Why the Chinsali Chamber of Commerce and Industry? poised for economic and social transformation in the backdrop of sound economic policies. As such, Government • Chinsali is the provincial headquarters for Muchinga has continued to urge the business community to take Province advantage of the conducive environment for doing business • Increased business and economic activity in the in the area and to collaborate with the Government in provincial headquarters creating sustainable economic development.