The SA-NBC was established by a number of multinational companies in South Africa and Nigeria in 2005. It is a non-profit organization created for the promotion, facilitation and assistance of Nigeria-related business.
Its mandate, as identified in its Constitution, is to speak for South African companies doing business in Nigeria and Nigerian investors in South Africa honestly, fearlessly and with authority to help them do business with minimum risk and cost.
The Chamber is managed by a Board of up to 12 people selected from among its members. It has a President and Vice President, each with limited terms of office. It is managed by a CEO and a small Secretariat.
What is the purpose of the SA-NBC?
- To be a voice for business in bilateral engagement between Africa’s two most important markets
- To assist companies in both countries to understand the different operating environments, legal requirements and business culture.
- To provide mechanisms for business-to-business engagement under its umbrella
- To provide a ‘safe’, uncompetitive space for competitors to meet and share thoughts, experiences and ideas
- To encourage the free movement of business, talent, goods and capital
- To provide support and problem-solving on visa and immigration issues
- To provide advocacy on issues with the relevant governments and related agencies
The chamber delivers on its mandate through events, information and media platforms, accessing its wide range of contacts and leveraging relationships with companies, governments, diplomatic missions, business organisations and individuals.
The Chamber also plays a role behind the scenes to address the misperceptions among citizens about each other’s countries, working with diplomatic missions and government officials to iron out problems in the relationship.