About the Chamber

The South African Business Chamber of Commerce Singapore was officially launched on 10 September 2019, by the South African business community living in Singapore. The objective of the Chamber is to promote trade, investment, finance and industry between South Africa and Singapore. 

 

Membership of the Chamber is open to all South African and Singaporean businesspersons and institutions, on an individual and corporate basis. In his opening speech, the President of the Chamber, Mr Gavin Storrier, originally from Durban in KwaZulu-Natal, explained the importance of the reasons that the business community had come together to support the Chamber initiatives in terms of trade and economic relations. He noted that SA Chamber will be a platform to assist new South African entrants to Singapore in navigating the necessary administration and high cost processes. He also pointed out that there is a need to synergise and network with fellow South African business in order to develop and grow the economy of the country. 

 

Members of the Chamber will meet continuously to discuss matters of common interest and exchange views and information regarding economic and commercial issues related to South Africa and Singapore. At the launch, the High Commissioner of South Africa to Singapore, HE Modise Mokitlane, announced that the Chamber will provide a natural home in Singapore for South African entrants by assisting South African business entities and individuals who are already established or wish to be established in business in Singapore. He said that the Chamber will assist South African business entities and individuals who intend to sell or invest in Singapore, and Singapore business entities and individuals who intend to sell or invest in South Africa. 

 

With recent reported economic slowdown globally and hard economic times in South Africa, South Africa managed to grow its economy by 3.2% in the second quarter of 2019. This emphasises the important role the Chamber has to play in advancing trade and investment relations between South African and Singaporean companies and institutions. 

 

The Chamber felt honoured to be able to attract the attention of Standard Chartered Bank, and Ms Razia Khan, Chief Economist: Africa and Middle East, who made an exceptional keynote address on South Africa’s economic landscape. She noted that despite economic challenges, there were a number of positive developments in South Africa and these would assist the economy in returning to a growth course. 

 

Membership is already open and varies from silver to platinum packages. Companies that wish to join the Chamber in Singapore are welcome to get in touch with Mr Storrier at president@sacham.sg.

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©2019 by South African Chamber of Commerce Singapore.