President Peter Mutharika does not have to look far for serious investments as Malawian billionaire Prophet Shepherd Bushiri says he is ready to invest in his home country unless, saying the government should remove obstacles and beauracracy.
Bushiri said this at a glittering launch of his mobile phone company in South Africa, the first such investment venture by a black African.
“I am ready to invest in Malawi. However last time I wanted to invest, I was given long beauracratic conditions,” said Bushiri.
Bushiri has a string of investments portfolios in South Africa, Tanzania, South Sudan, Zambia and Dubai in mining and airlines among others.
And Bushiri’s spiritual father Uebert Angel, who is also a businessman based in the United Kingdom, pleaded with Malawi government to start embracing its own people despite political or social differences if the country is to develop.
“In a country well managed, poverty is something to be ashamed of but in a country badly managed, riches are something to be ashamed of, so you need to understand that the only place you find a rich man being opposed is when a country is badly managed. A country is not strong as its president; a country is strong as its inhabitants.
Angel observed that Bushiri has become a first individual black man to own a mobile network in South Africa and that Malawians need to be proud of the achievements of fellow citizens who are contributing to the economic development of the nation.
Said Angel: “Lets embrace our own because when we do that, he is able to use his finances to help his country Malawi and other countries as well and that what makes Malawi great. The newspapers in South Africa will write that Malawian born has done this but in Malawi you will find that some people will be marking the same.”
Bushiri, also known as the ‘Major 1’ , is meeting resistance to be issued a television licence by Malawi Communications Authority (Macra) for his Prophetic Channel which he is planning to establish in the country.
“The biggest problem of a rich person is a poor person without a vision, so when you have got people around you without a vision, it becomes a problem,” said Bushiri, adding “it is up to Malawians to be inspired or be intimidated.”
He did not however say which investments he wanted to bring to Malawi where the government and the ruling party, the Democratic Progressive Party has openly showed their hatered for him for unknown reasons.
The pro-government online outlets domiciled at State House, the Malawi Independent and Malawi Voice continue to report negative stories about him.
He was once stopped giving out relief food to starving Malawians.
President Mutharika invited international investors during his address to the UN general assembly for a Malawi Investment Forum from October 10 to 11.