Mutharika going to Malta for Commonwealth summit: Next stop, London

President Peter Mutharika is all geared for probably some of his crucial assignments when he heads to Europe this month-end for among other events, the 24th Commonwealth Heads of Government Meeting (CHOGM) slated for November 27-29 in Malta.

Mutharika:  Heads to Malta for CHOGM and London for investment forum

Mutharika: Heads to Malta for CHOGM and London for investment forum

Crucial because among his key events will be selling of Malawi as an investment destination for global investors attracting foreign investment in the process.

The Malawi leader is expected to lead the Malawi delegation at an investment promotion session to be held on the sidelines of CHOGM.

Since he attained the Presidency, Mutharika has prioritized foreign direct investment (FDI) as one of the key precursors of Malawi’s development.

Also a main feature on his schedule is the presentation of a key-note address on how Commonwealth countries can improve access to health services.

He will in his speech, wzero in on how Commonwealth’s diverse experience and expertise in the health sector can be harnessed to improve systems and outcomes for patients.

Malta is hosting the Commonwealth Heads of Government Meeting for a second time, having successfully done so in 2005.

The Commonwealth is a voluntary association of 53 independent states with a combined population of 2.2 billion. The association came together in 1949, after the decolonisation of the British Empire. Symbolically headed by Queen Elizabeth II, the Commonwealth includes some of the world’s largest, smallest, richest and poorest nations.

London summit

The President already disclosed that he will go to London in December  for an African investment forum.

The Global African Investment Summit will attract over 1,000 qualified global investors and will be held at Central Hall, Westminister in London from December 1 to 2.

Malawi sent a delegation which included the Minister of Industry and Trade, Joseph Mwanamvekha and Clement Kumbemba, CEO of the Malawi Investment and Trade Center to London in July for a series of meetings with over 25 interested FDIs from the UK, Germany, the USA, Singapore, Latin America and China, amongst others to understand investor requirements ahead of The Global African Investment Summit .

Mutharika will be among some African Presidents who will present to potential investors.

The African summit moves beyond the conventional discussion on the need for change in Africa. Instead, the event provides a business platform, offering African governments and companies the chance to present their investment projects to a diverse audience of global businesses interested in long-term investment in Africa.

Malawi is party to a number of regional and international trade agreements that have proved to be enormous benefits to new and existing investors.

One of the attractions of Malawi is the freedom of entry and exit in terms of investment in the country.

The government of Malawi does not impose restrictions on the ownership or location of investment and welcomes FDI in all sectors of the economy except for those that may pose a danger to health, the environment or the security of the nation.

Foreign exchange operations in Malawi are governed by the Exchange Control Act. Investors are permitted full remittance of dividends, investments capital on repatriation, interest and principal payments for approved international loans.

This year’s two-day summiy programme will be addressing the theme of ‘Transforming African Economies for Global Competitiveness.’ –Additional reporting by Thom Chiumia, Nyasa Times

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35 thoughts on “Mutharika going to Malta for Commonwealth summit: Next stop, London”

  1. wakulu says:

    Ntchito kuyenda yenda nxiiiieeeew!!!!!!! the thunder that will strike you peter is still doing push-ups

  2. Commenter says:

    Funny how the very same publicists are always keeping track on how the president and his vp are leaving the country to solve very critical matters. Same thing happened during JB era, and they kept on talking about her globe trotting when in fact she was working.

  3. Njala Nsanje ndi Nthenda says:

    Composer of Mw national Anthem was very wise. He knew that even mtchalichi Njala Nsanje ndi Nthenda ndi adani zedi. Koma amalawi tikuyetsetsa pa nsanjepa zedi. Ndaonera omwe anali abusa.

  4. Pete Nyandoro says:

    The business of luring investors is not for the President. He has a team of Ministers why can’t he involve Minister of Trade to do that? This is just one way of claiming allowances, exactly what Joyce Banda was doing distributing flour and goats to justify her claims for allowances. This is another form of cashgate

  5. ben phiri says:

    Apite ngati amava zonena anthu koma azadzliona 2019 atakanidwa ndi nkhuku zomwe

  6. Mpumulo wa Bata wayandikila says:

    I think Saulos Chilima is more articulate than. Mathanyula or Chaponda, he is the one who should be delegated to these important forums because he is the only one with good sense in this administration

  7. chemwali kulibe says:

    The president said ‘Forget about donors , am going to attend the summit to lure investors and yet you say we will have enough power in 2018-what a apeech from useless leader!!!!!Nonsense.You are going for xmas shopping with your supporters-fotseki!!! You think you are using money from your pocket? The worst president Malawi has ever had I cry for my beloved country the same way Mbendera did when he corruptly gave presidency to APM.

  8. Jim Jones Phiri says:

    Iwe Pitala, do not make me laugh. How can you lure investors while you do not pay attention to basic infrustructures required for investments such as power supply ( ma black out is order of the day), digital factors such as internet, lack of security, road networks, and even water supply. Take your fucking profession to the drawing board.

  9. Nangozo says:

    ulendo wabwino bambo.

  10. Patriot says:

    The WORST UNPATRIOTIC LEADER MALAWI EVER HAD.
    AKUTITHERA CHUMA UYU, ANGOKHALIRA KUYENDA YENDA.
    Mafuta a galimoto petulo ndi dizilo ayamba kusowa.

  11. Mato says:

    Amalawi, ndibwele munzandivotela? Ndikufuna kulamula Malawi… ndaona anthu ambiri akuvutika chifukwa cha government yathu posaganizila anthu ovutika ndi alimi omwe akutidyetsela.

  12. skopion says:

    such types of meetings were effective during 1941 to 1950s..munthu ukufuna investment ku malawi basi kokakumanilana kukhale ku London…pali nzeru apa?

  13. The Patriot says:

    Since APM is already rich and does not need our money, let him donate his allowwnces to the poor. Komanso osatenga gogo Ngongoliwa ku ulendo umenewu. He is a Mulhako patron and we dont want our taxpayers money being used for tribal leaders!!

  14. Moron Thanyula says:

    You can not employ doctors and laboratory technicians and you talk about improving health access, you are such a moron!!!

  15. Green Grass says:

    How do we prioritize our attendance of international meetings? Does is it make sense to miss the SADC summit which is more relevant and choose to attend the useless and ceremonial Commonwealth meeting? Coming to the investment summit I don’t think we have the necessary environment to attract high value investors.

  16. Ben phiri Wapanga resign says:

    Global trotting that is what he knows best. Mavuto alipo ndi bambo awa

  17. chakwela says:

    mwalembakotu za nzelu ,dziko ndi lanthu ili osalipitsa ndi dale keep it up .

  18. concerned citizen says:

    So you could not go to India due to cost cutting and send a bunch of Un-prepared idiots who had to request for updates after reaching India as they were totally surprised by the fact that they had to negotiate for some deals
    But You can go to Malta and London for shopping ??

  19. Peter says:

    Tell us (Malawians) 5 things this trip will yield us immediate positives results, say it before June 2016!!!

  20. Winford Saka says:

    I think the opposition will not be jealousy this time round in as far as the delegation is concerned.

  21. King Jaffe Joffer says:

    The conditions in this country are quite hostile for FDI. Put the house in order first before wandering around the globe to attract investors. You know the conditions that need serious rectification before investors can be attracted ;electricity, water, road networks, corruption etc. Unless you think you are dealing with irrational businessmen or you are going on vacation your trip is a waste of our taxes.

  22. VAKUSI NKHOMA says:

    BIG UP MR PRESIDENT! GO $ FEND 4 US.

  23. losco says:

    Yendani bwino bwana katiyimilireni,musiyeni Lazaro adziphuphaphupha!!

  24. dungulinya says:

    Commonwealth of former British colonies…. Waste of time….

  25. mangochi kabwafu says:

    Investors to Malawi, kikikikikikikiki

  26. innocentphiri says:

    Ndiye ma investors azapanga bwanji ndikuchepa kwamphavu zamagesi maloto basi kunzani kaye zamagesi.

  27. Have you already weighed the wealth of it all? How much are we to profit through it all,

  28. chimbiya says:

    Vuto lokwatila muli a president mumangoyendeyenda……utengenso gogo ngongoliwa.

  29. mukharapwio says:

    use this forum to realign ur foreign policy towards the West for the sake of ordinary people,i know u’r a swown antagonist of the west just like elder bro and his friend uncle Bob but let egotism sink.this BRICS crap is useless bcoz;no BRICS country has a real voice at IMF/World Bank,they too begs for help frm the West.Another thing is to beg for Aid, do it, Kenya Uganda Egypt Pakistan Iraq Israel India S.Africa Angola etc all are begging for aid and receive when available how about ur wretched country can u in ur wildest thinking compare with these above mentioned countries.Prof. no man is an island and its good to have good friends not some opportunistic friends who are only looking for cheap living space for their overpopulated and highly polluted countries

  30. TELEMU WATELEMUKA says:

    Mwati next is London kkkkkkk koma yaaaaaaaas idyani imwani zonse ndi nthawi

  31. The Analyst says:

    And I quote, “Mutharika will be among some African presidents to present to investors.” Seriously?

    Why do people fail to accept and appreciate their weaknesses? Hence not hold at ransom the opportunity that would otherwise accrue some tangible benefits to their country if they delegate?

    We all know that it takes effort for one to understand what APM is saying or even to just hear what he is saying. And we let him make a presentation at a forum for luring investors to Malawi? Of course some little-minded creatures will argue that its only a presentation that APM will make and thereafter will be small meetings for his boys; but I can assure you that the success of the post-presentation meetings is dependent upon making an audible and captivating presentation! And APM cannot do this.

    Not to suggest that the opposite is true for APM, but do you people understand why receptionists or bank tellers are generally attractive, inviting, pleasant, hot, sexy, charming, inviting, tender and captivating-holding young beautiful girls? To sell, you need to get the recipe right! Simple! Its high time Malawi changed its strategies on investor attraction.

    We have many charming n fresh-smelling young ladies in Malawi. Take them along and let them represent the president and sale Malawi at the sidelines of the CHOGM.

  32. Fair Malawi says:

    Show us a list of people accompanying you before you leave Mr. President!

  33. hope Apm wil warn or disclose to potentisl investors that escom oower loadshading wil affect zem too.
    ndiye kuyendayendaku mukuyi its exports yet we are not produsing anything of vslue except Poverty yearonyear..mwamva!

  34. Mnyamata wa nzeru says:

    Bisnowaty, wamva???

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