Product Development Company Profile and History Shoprite Holdings Limited is an investment holdings company whose combined subsidiaries constitute the largest fast moving consumer goods FMCG retails operation on the African continent. Today the Shoprite Group trades with corporate and franchise outlets in 17 countries across Africa, bringing the total number of stores in the Group to The Shoprite Group of Companies started from small beginnings in with the purchase of a chain of 8 Cape-based supermarkets for R1 million. A year later Shoprite sped up its growth by buying six food stores from Ackermans.
Introduction Zambia derives its name from the Zambezi River. The river runs across the western and southern border and then forms Victoria Falls and flows into Lake Kariba and on to the Indian Ocean.
It is a landlocked country with several large freshwater lakes, including Lake Tanganyika, Lake Mweru, Lake Bangweulu, and the largest man-made lake in Africa, Lake Kariba. The terrain consists of high plateaus, large savannas, and hilly areas; the highest altitude is in the Muchinga Mountains, at 6, feet 1, meters.
Zambia lies between the Democratic Republic of Congo to the north, Tanzania to the northeast, Malawi to the east, Mozambique, Zimbabwe, Botswana, and Namibia to the south, and Angola to the west. The country measures approximatelysquare kilometres with a population of approximately 11 Zambia's population comprises more than 70 Bantu-speaking ethnic groups.
The population is comprised primarily 97 percent of seven main tribes and a collection of seventy-five minor tribes. There is also a small percentage of citizens from other African nations. The remaining population is of Asian, Indian, and European descent.
Because of conflicts in the border countries of the Democratic Republic of the Congo and Angola, there has been a large influx of refugees in recent years. Most Zambians are subsistence farmers. The predominant religion is a blend of traditional beliefs and Christianity; Christianity is the official national religion.
Expatriates, a majority of whom are British about 15, and South African, live mainly in Lusaka and in the Copper belt in northern Zambia, where they are employed in mines and related activities.
Zambia also has a small but economically important Asian population, most of whom are Indians. The indigenous hunter-gatherer occupants of Zambia began to be displaced or absorbed by more advanced migrating tribes about 2, years ago. The major waves of Bantu-speaking immigrants began in the 15th century, with the greatest influx between the late 17th and early 19th centuries.
They came primarily from the Luba and Lunda tribes of southern Democratic Republic of Congo and northern Angola but were joined in the 19th century by Ngoni peoples from the south.
By the latter part of that century, the various peoples of Zambia were largely established in the areas they currently occupy.
Except for an occasional Portuguese explorer, the area lay untouched by Europeans for centuries.
After the midth century, it was penetrated by Western explorers, missionaries, and traders. David Livingstone, inwas the first European to see the magnificent waterfalls on the Zambezi River. He named the falls after Queen Victoria, and the Zambian town near the falls is named after him.
InCecil Rhodes, spearheading British commercial and political interests in Central Africa, obtained mineral rights concession from local chiefs.FOREIGN DIRECT INVESTMENT Foreign direct investment (FDI) is a direct investment into production or business in a country by an individual or company in another country, either by buying a company in the target country or by expanding operations of an existing business in that country.
Update: The Law and Legal research in Zambia By Alfred S. Magagula Alfred S. Magagula is a graduate fellow from the University of Swaziland.
He holds B.A. law and LLB degree from the same university.
He has done research with various consultancy firms in Swaziland before. Shoprite Holdings Limited is an investment holdings company whose combined subsidiaries constitute the largest fast moving consumer goods (FMCG) retails operation on the African continent. The impact of Foreign Direct Investment (FDI) in a country is elucidated.
Antecedent benefits include; increased capital inflow and investment, high labour productivity, . Pros and Cons of Chinese Investments in Zambia. investments by Chinese companies take the form of foreign direct investment (FDI).
both local and foreign investors expect the Zambian gov.
Angola. The Republic of Angola is situated in southern Africa and is bordered by the Atlantic Ocean, Namibia, Zambia and the Democratic Republic of the Congo.