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The Zambia High Commission in Botswana has noted with concern the rising number of cases where citizens from Zambia and Botswana are being swindled of their money in fake agro business transactions.
In a press statement issued in Lusaka on Friday, the Commission revealed that it has received numerous complaints from agro dealers, from both Zambia and Botswana, who have been swindled in the process of either trying to sell or buy agricultural produce or agro-products.
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The Commission noted the rising number of cases where Zambians were purporting to have agro products for sale, when in fact not.
Julia Malunga, First Secretary Press for the commission said the commission was concerned with that many of the linkages between and among agro dealers have been established through unverified social media and other online platforms.
Malunga stated that there were a lot of opportunities for mutually beneficial trade between Botswana and Zambia that were not fully exploited.
“The current trend may result in reduced trade activities between the two countries especially for small and medium scale entrepreneurs.” Said Mulenga.
“This may tarnish the image of Zambia which is currently a trusted trade partner in the region and beyond.”
The High Commission therefore urged entrepreneurs in both Zambia and Botswana to access investment opportunities through established channels to reduce the risk of dealing with fake entrepreneurs.
It further encouraged entrepreneurs to engage the commission for verification of companies before they conclude any business transactions across the border.
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