African Manufacturers Unite to Build Resilience and Enhance Global Competitiveness

"The Manufacturing Indaba provides us with the opportunity to not only speak to potential investors and find potential partners, but then also put out the message that Zambia is ready and open for business. And it's also ready to strike partnerships with several players who may be looking to expand their operations into the African continent. And more so, into the Zambian ecosystem. And we believe that the expectations that we had going to the Manufacturing Indaba were met," Lwatula notes.

"The South African government has actually provided a number of incentives, ranging from tax incentives to grants as well to support a manufacturing. Because manufacturing is one of the main drivers or contributors to the GDP in South Africa is seen as very strategic in terms of job creation and also growing the South African economy. For instance, if you are in a special economic zones for qualifying manufacturing enterprises, one would pay for a 15% corporate tax. And generally in South Africa, the corporate tax currently is 27%," Ngqaka remarks.