Chakwera asks Poundstretcher CEO Aziz Tayub to invest in Malawi

Malawi President Dr Lazarus Chakwera wound up his visit to the United Kingdom (UK) with a call to the Chief Executive Officer (CEO) for Poundstretcher, Aziz Tayub, to consider investing in Malawi.

President Chakwera shakes hands with Mr. Tayub after talks.

Poundstretcher is one of the world’s leading chain store company. President Chakwera therefore felt having the company invest in Malawi would create opportunities to both Malawians and the investor himself.

Writing on his Facebook page, President Chakwera said the businessman and his associates pointed out potential areas of investment in line with the incumbent administration’s agenda to revolutionise the agricultural sector through value addition and securing of new markets.

President Chakwera shakes hands with Mr. Tayub after talks

“I have granted him a positive response to start formalising the processes with relevant agencies and departments so that we fast track this promising opportunity,” said the President.

Meanwhile, Chakwera has departed London for Lilongwe after a week-long tour of the UK.

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Rodgers Chilemba
1 year ago

I am not comfortable with these Asian investors. Are they the only investors on the globe?

Others are harvesting mangos ib Salima, making pulp but the saddest thing is that they process the juice out side Malawi.

I believe that if they had been processing the juice in Malawi up to the very final product, Malawi would be exporting that and we would bring alot of forex.

Just my thoughts

1 year ago

Tayub azizi, the name sounds familiar

Joe Guta
Joe Guta
1 year ago

Good move Mr President.

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