Whilst many ponder on the big question of how Special Economic Zones (SEZs) influence a country; the answers may be found in specialisation for growth, even in Zambia.
Whilst many ponder on the big question of how Special Economic Zones (SEZs) influence a country; the answers may be found in specialisation for growth, even in Zambia.
Zambia is a good market of new brands and products, and has investment friendly laws for local and foreign businesses. To understand the market there is need to look at it from a competition and consumer protection perspective, and then from an international economic point of view.
It is possible for a fashion entrepreneur to create and grow a brand like Mr Price in today's South Africa, and Africa at large. One must just go back and study the “simples” that the founders of Mr Price created.
Whether you are farming in Zambia, or any African country, record-keeping is very important to growing your farm as a business. If farmers have farm records, they can tell how well they are managing their farm in comparison to other farmers. They can also see the strengths and weaknesses of their farming operations.
Zambia needs more Banks. There can never be a talk about black wealth or black economic freedom without black capital being strong enough to back that freedom. In Zambia, the Ministry of Commerce, Trade and Industry has a department of Cooperatives, that promotes the founding and running of "Saving and Credit Co-Operative Societies" in Zambia.
Social Media is hunting ground for brands and businesses, to get unsuspecting consumers for the consumption of their goods and services – a waterhole. The Waterhole Theory dictates that social media has brought people into what are called Waterholes, as in where internet consumers spend more time socialising online regardless the gadget in use.
As we prepare for the Post-Corona New Normal in global and local economics, Zambian business owners and brands can no longer ignore the intellectual property issues arising from product package designing that affect their sales or product growth in their markets – Trade Dress.