Pretoria - A South African business delegation has arrived in Uganda on an Outward Selling and Investment Mission (OSIM), said the Department of Trade and Industry.
The investment mission, which kicks off today, aims to increase trade and deepen bilateral relations between South Africa and Uganda.
The mission, which takes place in Kampala, will also serve as an ideal opportunity for South Africa to find opportunities to export value-added products and services to Uganda.
The business delegation will participate in various business-to-business meetings, site visits and trade and investment seminars.
The High Commissioner for South Africa to Uganda, General Lekoa Mollo, said the Ugandan business community is keen to do business with South Africa and has shown interest in collaborating and working in different sectors that can benefit both countries.
“The OSIM will also link the private sector in South Africa with the private sector in Uganda with the hope of increasing trade and investment opportunities between the two countries,” said General Mollo.
The OSIM will conclude on Friday.
Meanwhile, the Department of Trade and Industry (dti) is also leading a delegation of business people on an Outward Trade and Investment Mission (OTIM) to Chile.
The aim of the OTIM is to create a platform for South African value-added products and services to enter the Latin American market and encourage investments and joint ventures between South African and Chilean companies.
“The mission to Chile will provide the South African companies with an opportunity to penetrate the Latin American market, which is not only about Brazil but more about the Pacific Alliance, a trade bloc that includes Chile, Colombia, Peru and Mexico. The bloc offers greater export and investment opportunities,” said Trade and Industry Minister Rob Davies.
The programme for the mission will include trade and investment seminars, business-to-business meetings and site visits.
Bilateral trade between South Africa and Chile totalled R2.3 billion last year. – SAnews.gov.za
