SUNBIZ

Call To Explore Business Ties With South Africa

Fijians should explore business opportunities with South Africa. These were the comments made by South African High Commission, Charge’d Affaires Velelo Gardener Kwepile, during the trade seminar co-hosted by the
06 Mar 2017 14:20
Call To Explore Business Ties With South Africa
South African High Commission Charge’d Affaires Vevelo Gardener Kwepile (in blue) with the Chamber and Corporate bodies during the trade seminar co-hosted by the Nadi Chamber of Commerce and Industry at the Tanoa International Hotel in Nadi yesterday. Photo: WAISEA NASOKIA

Fijians should explore business opportunities with South Africa.

These were the comments made by South African High Commission, Charge’d Affaires Velelo Gardener Kwepile, during the trade seminar co-hosted by the Nadi Chamber of Commerce and Industry (NCCI) at the Tanoa International Hotel in Nadi.

Mr Kwepile, who officiated at the event, said: “The objective and co-hosting of this seminar is to look in a practical way at how to promote business contact and exchanges between South Africa and Fiji, which would result in Fiji’s businesses importing more goods and products from South African market.”

He added from the point of view of South Africa’s economic diplomacy, the South African High Commission should ensure the establishment of business contacts and interactions aimed at securing more markets share into the local market.

“The focus is to work out what is possible in terms of doing business between South Africa and Fiji,” Mr Kwepile said.

“This also provides an opportunity to interact with everyone present here, look at the trade possibilities and facilitate contact, and thus, promote business ties between South African and Fijian private businesses.”

He added the commission had a great list for local businesses to set up for trade purposes.

“It is in the interest of South Africa to strengthen the bilateral economic relationship through co-operation between business communities of our respective countries. So take South Africa as your preferred import destinations,” Mr Kwepile said.

NCCI president Dr Ram Raju said the NCCI partnership with the South African High Commission began two years ago.

He said: “This is the second time South African High Commission has teamed up with Nadi Chamber to discuss the development and ideas, with the opportunity to grow.”

He said South Africa’s membership in BRICS (an association of five major emerging national economies: Brazil, Russia, India, China and South Africa) and IBSA (an international tripartite grouping for promoting international cooperation among India, Brazil, South Africa), allowed the opportunity to boost Fiji’s economy.

“There is a huge potential of growth between the two countries. There are of course links between South Africa and Fiji through the Commonwealth, when it was growing globally and the indentured immigrants. When you look at it, it is not only Nadi that is growing, but Fiji as a whole,” he said.

South Africa has a population of 55 million people and its Gross Domestic Product taken in 2010 was $US309 billion ($F64.5b).

In per capita terms this represents US$7254 ($F15,148) and makes South Africa one of the biggest per capita income countries on the African continent.

EDITED BY: IVAMERE NATARO

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