Tanzania – Zambia Business Forum

On the 24th of October, we had the privilege of participating in the Tanzania – Zambia Business Forum, hosted at the prestigious Intercontinental Hotel. This significant event was meticulously organized by the Zambia Development Agency, a pivotal institution that successfully brought together a diverse array of business professionals hailing from both Tanzania and Zambia.

In his inaugural address, ZACCI President Mr. Anthony Kabaghe underscored the utmost importance of fortifying trade and investment ties between our two nations. His insightful words set the stage for a constructive and collaborative discussion among the attendees.

This momentous gathering resulted in several pivotal resolutions, which underscore the commitment of both nations to foster economic cooperation and growth. The resolutions agreed upon during the forum are outlined as follows:
1) Fostering the quality of goods and services traded between the two countries; the two countries must not only export and import at the expense of quality.
2) Modernization of TAZARA is key and must be realized as soon as possible.
3) Advantage of the Dar corridor being the shortest distance from Zambia to the coast to be leveraged by the Zambian business community.
4) TAZARA/ Railway transport is strategic owing to:
a) Capability to move Bulky and heavy cargo (cost efficiently)
b) Decongestion of roads
c) Inter-connectivity of SADC to the East African Community
d) Increased capacity of the Dar Port capacity to 30Mn MT by 2030.
5) The two countries to enhance dialogue through the various platforms provided like PPDF and PDU (presidential Delivery Unit)
6) Digitization of clearance systems at border posts and ensure pre-clearance of goods that do not need to be subjected to physical inspection.
7) Operationalization of pronouncements with respect to establishment of non-stop border posts from one-stop border posts, to reduce the lead and transit time, and avoid perishable goods associated risks.
😎 Twenty-four hour border operations implementation.
9) Single window processing – one stop shop at the border.
10) Relaxation in excise duties to allow mutual trade.
11) Standardization of compliance standards between Zambia and Tanzania.