Angola South Africa Chamber bets on agricultural production
02-12-2019 12:19:00 | by: Bob Koigi | hits: 1748 | Tags:

The Angolan South Africa Chamber of Commerce and Industry (Caciaas) will focus on the development of agricultural and livestock production, as well as the improvement of access infrastructures to the cultivated areas, the president of the organization said in Luanda. , Victorian Nicholas.

The president stressed that they intended to ensure less waste in the process of disposing of produce from the field to the centers of consumption.

The manager said the economic relationship between the two countries is good, but could improve if it achieves adequate levels of investment between Angola and South Africa.

Victoriano Nicolau says it is necessary to continue to encourage these partnerships or the direct intervention of South African investors in the projects and business opportunities that Angola offers.

Regarding the election process of the new governing bodies of the Chamber, held today, the official said that the South African and Angolan business class decided, by about 97%, in favor of the continuation of the outgoing leadership, with the introduction of adjustments, including a further three-year term against the two years previously in force, as well as the amendment of the statutes that enshrine the mayor as sole proprietorship.

 South African Ambassador Fannie Mfana Phakolo, for his part, considered the economic relationship between the two countries stable and was supporting the initiatives of the President of the Republic, João Lourenço, taking into account the need to expand business in the interior of the country. parents.

As for wine tasting, the ambassador said that the focus on wine production in the Angolan market began three years ago and at this moment there are still no numbers to advance, ensuring the development of the project is growing.

 Trade between Angola and South Africa in 2018 amounted to 230 million rand (equivalent to five billion 497 billion 126 thousand and 263 kwanzas), he said.

“South African exports boil down to staple products, especially with the Shoprite supermarket chain, which is present in 15 provinces, while in the opposite direction oil and its derivatives continue to lead imports.