Cape Town’s Chamber of Commerce and Industry President, Michael Bagarim, has invited Pakistan to exploit opportunities that abound in South Africa.

Bagarim told Pakistan today that the investment would be beneficial to both countries.
The Chamber of Commerce and Industry was created to serve, enable and lead businesses in the Cape Town, network opportunities as well as robust advocacy on business related issues. It also aims to bring together business people within South Africa and other parts of the world to create business opportunities.
South African economy has been undergoing structural transformation, with the implementation of macro-economic policies aimed at promoting domestic competitiveness, growth and employment.
Bagarim invites investors from Pakistan to take advantage of the country’s investor-friendly policies.
He says, “South Africa’s financial systems are sophisticated, robust and well regulated. South African banking regulations rank with the best in the world, while the sector has long been rated among the top 10 globally. Foreign banks are well represented and electronic banking facilities are extensive, with internet banking a growth feature of the sector.”

South Africa is ideally positioned for business as fourteen countries surround it with 250million-combine population. It also links with the Island off Africa East Coast, the Gulf States and India.
The country also serves as a transhipment point between emerging market of Central, South America and East Asia. In Africa, it borders between Botswana, Namibia, Zimbabwe, Lesotho, Mozambique and Swaziland.

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