Investor Presentaiton slide image

Investor Presentaiton

To conclude, Zambia has put itself at an obvious disadvantage in Tourism when: the Zambian side has diverted the water from the Falls to a power station leaving the Zambian side dry and the Zimbabwean side full during the peak tourist season the Zambian side is 30%+ more expensive to visit than the "better" Zimbabwean side due to high taxes and counter-productive bureaucracy This summarises Zambia's entire tourism industry whereby decades of poor planning, wrong decision-making and lack of Government investment in protecting wildlife and promoting tourism has resulted in a poorly performing tourism industry that is over- taxed and over-regulated with unhelpful laws and levies, making it more expensive than its competitors whilst its protected areas are being emptied of wildlife, its rivers/lakes/ dams being emptied of fish, its forests being emptied of trees, and even its prime tourist attraction - the Victoria Falls World Heritage Site - is being emptied, making Zambia much less attractive than its competitors. Zambia's neighboring countries (competitors) are profiting from this disaster because "tourists and investors vote with their feet and money". They can and do go to more attractive alternatives easily. The solutions however are simple and all lie in the hands of Government - corrective legislation and investment through MEANINGFUL private sector involvement in conformity to a TOURISM MASTER PLAN that should be acceptable to Government and Private Sector alike, and implementation of the same, is the only way forward now if the ongoing suppression of Zambia's tourism industry and destruction of Zambia's natural resources is to be reversed. ZIMBABWE ZAMBIA
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