Zambia's largest firms aim to boost opportunities for SMEs

11 January 2016

Eight of Zambia’s largest companies have formed a committee to discuss how to increase procurement opportunities for local small and medium-sized suppliers.

Total Zambia and Zambia Breweries, the latter of which is owned by SABMiller, are among the companies in the southern African country that will develop initiatives to bring buyers and local suppliers together.

Chaired by Zambia Breweries’ head of procurement Colin Ogilvie, the committee will share knowledge and experiences in good procurement practice both within the corporate sector and across supply chains.

The committee was facilitated by the Business Linkages Programme of the Private Enterprise Programme – Zambia (PEPZ), which will also support suppliers in improving their capacity to take advantage of procurement opportunities.

“These companies believe that by working together they can make a significant contribution to growing the Zambian economy and to saving and creating jobs through increased local procurement,” a statement from PEPZ read.

Bayo Akindeinde, team leader at PEPZ, said that the Business Linkages Programme’s goal is to establish a model for transnational and national corporations doing business in Zambia to promote targeted local sourcing, matchmaking and local supplier development.

“Among the initiatives we hope to see [from the committee] is an annual business opportunity fair and workshops focusing purely on local sourcing and matchmaking,” Akindeinde added.

The companies making up the committee are: CFAO, Chibuluma Copper Mines, First Quantum Minerals, Shoprite Zambia, Spar Zambia, Total Zambia, Zambeef and Zambia Breweries.

The Fresh Produce Export Growers Association and the Zambia Development Agency also comprise the committee.

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