Chaponda hired as CEO of Malawi Agricultural and Industrial Investment Corporation

November 5, 2019 Wongani Chiuta - Nyasa Times 77 Comments

Malawi Agricultural and Industrial Investment Corporation (Maiic), a development finance institution under a public private partnership (PPP) arrangement, has hired hired Taziona Chaponda, a development economist, to be its chief executive officer (CEO).

Taz Chaponda, a development economist, to be chief executive officer of Malawi Agricultural and Industrial Investment Corporation

Taziona or Taz is son to for minister of agriculture Geogre Chaponda , a ruling Democratic Progressive Party ( DPP) executive member.

However, Taz Chaponda is qualified in his own right as a development economist to head Maiic, a government initiative but private sector-led development finance institution, which President Peter Mutharika launched in November last year to empower agro- businesses and industrial firms acquire financial assistance, management and skills training as well as loans.

Maiic will not be a bank, but a vehicle for spearheading private sector development in line with the Malawi Growth and Development Strategy (MGDS III).

Taz Chaponda will be heading Maiic with extensive experience across Sub-Saharan Africa, having worked in the major economic centers of Lagos, Nairobi and Johannesburg.

He also worked as an economic adviser in the Fiscal Affairs Division of the International Monetary Fund (IMF), in Washington DC.

Taz, who was admitted to the very prestigious  Yale University world fellows programme, was the Head of the South African Budget Office, responsible for the national and provincial budget framework.

He was also Head of Infrastructure Finance within the Government’s central PPP Unit where he led negotiations on a number of flagship projects in the transport and power sectors.

This expertise took him to Nigeria where he served in the Lagos State Governor’s Office.

In Malawi, Taz was the World Bank’s Country Office Economist working on private sector development, public expenditure management and poverty reduction strategies.

Taz is regularly called upon to lead capacity building programs in various African countries to strengthen planning and project appraisal systems and so enable better quality public services.

Meanwhile,  Minister of Finance, Economic Planning and Development Joseph Mwanamvekha, has said  Maiic is set to roll out.

The establishment of Maiic follows findings of a feasibility study conducted by independent consultants in 2013 and 2018 that government-led development finance institutions were plagued by government hitches.

The Malawi Government has 20 percent stake with others taking up 80 percent under PPP arrangement. In Maiic, Malawi Government’s start-up capital comprises K22 billion and another K13 billion from the proceeds of the sale of Malawi Savings Bank (MSB).

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77 replies on “Chaponda hired as CEO of Malawi Agricultural and Industrial Investment Corporation”

  2. I have a problem. Despite his qualifications, I am questioning his Merit considering his inner circle of influence, which may come back to haunt Malawians.

    1. There was nothing like maizegate in this country. That was a failed move to force DPP out of government.

    1. Congratulations Taz for your appointment. Malawi Needs More educated and hardworking lads like you. WELCOME BACK HOME!

    2. Ambiri amene akunyoza ndi kutukwana Chapondawa ali biiii ndi litsilo! Nanu pitani kusukulu, nsanje sipindula.

    3. This is a wonderful development for Malawi Agricultural and Industrial Investment.Congratulations MAIIC, Congratulation Chaponda.

  5. Indeed a very clever move to chapondadise our nation further! A new financial agency in green to siphon more money out of the system?!
    Poor agricultural sector, even poorer farmer, after greenbelt initiative, tractor gate, you name it, another billion Kwacha graveyard.
    But alone the fact that it takes one whole year from the launch to the hiring of the first CEO speaks volumes!

    1. Congratulations Taziona Chaponda.Koma uzionadi.Kuno ndi kumalawi ase.Ambiri ndi alesi ndipo chomwe amatha ndikutukwana pa internet.Dont mind them, do your job.

    3. A good move by malawi government.This is timely and will help MALAWI.Taziona Chaponda waiphula ase

    1. Wow! I personally remember Taziona from Zambia sometime back.He is so smart.Congratulations are inorder.

  7. kamuzu ,aleke banda, mcp ,capondas, confers amatum8za azibale ana ao kunja kophuzila on tax payers money and the litany is continues and has continued.

    1. Moyo oipa ndikutukwana anthu will not take you anywhere.Pray for forgiveness and work hard brother Mpilu

  9. That being said, this continues to make people have no faith in this government. He could be his own man but to hire him when his father has such a tainted reputation lacks rationality.

    1. MAIIC has done well to hire a well-educated and capable Malawian development economist, to be its chief executive officer. This should be an example to other institutions especially in the private sector who always hire from west Africa as if we don’t have our own people to be CEO’S. Congratulations Chaponda.

  10. That is one of the factors why DPP is not wanted. Nepotism. Can you learn please.

    1. Komatu zomangoti Nepotism nfwe nfwe nfwe zi muchedwa nazo.Anzanu ku atumbuka kwanu konko akudzilimbikira nkumatukuka.Zidikirani wanu adzakhale president.kkkkkkkkkkk

  11. Ine siwa DPP kapena Mulomwe, koma jealous down, Taz ndiakamuna. Congrats madala and welcome back home. Tithandizane kukonza dzikoli.

      1. Amakorokoto Young Chaponda.Ukanakhala mbuzi bwezi ukungomwa mowa mu ntandiremu ngati ana Muluzi akuchibwenzi …kkkkkk

    2. I’m sure this family developed a thick skin by now.Kunyozedwa daily koma still working tooth and nail.I am moved.

      1. They’re very smart people, I worked with his brother Maz he is the CTO of that Mobile Finance Company. He was my boss. He is a genius in the Software Engineering industry.

  12. He is qualified yes but was the appointment on merit or he has just been appointed because he is a son of top DPP guru. Am saying this because we have equally qualified Malawians who are just doing doing part time lecturing in universities getting peanuts. Malawi is for us all not for very few people belonging to a certain tribe

    1. Moyo waukaupolo ndi nsanje simupita nawo kutali akanganya inu! He is well educated and a man in his own right.Bravo Taziona.

      1. George Chaponda won his case.What does he have to do with his son being CEO? inu ambuyanu akutamba timakukumbani?

    3. Like father like son. Educated and determined like Dr. George Chaponda from Mulanje west. My people My pride. Alomwe Alomwe

  13. Ameneyo ndiye mmalawi amadana ndimunthu otisadamuyambe . kupha munthu cox wamanga nyumba yake , wagula galimoto lake ndi ndalama zopanga yekha. Kwathu kuno olo azilonda pa company amafuna atakhala mabwana koma alive chilochonse . congrants bigman. Imililani alimi

    1. Typical of Malawi.WE invented envy and that’s why we are so poor. You wanted this job to be offered to another west african CEO? Wake up My country!

    2. anthu asanje Maizegate idakukanikani pano mwati munyoze mwana wakeno? Mukamaliza mupite ku UK mukatukwanenso wina ali pa BBC uja.

  14. Malawi needs more educated young men like Mr Chaponda here holding our future together. Bravo. Atleast we know his English won’t be embarrassing kikiki

    1. Awa anali kunja nkumaimba sukulu osati kumangokomedwa ndi tindalama tosamalilira nkhalambato mma UK umu osabwerako ndi chilichonse. waitha Taziona kwanu ndi kwanu

  17. A nyasa musakometse chinyau. We had similar organisations like DEMAT, MDC INDE but all went under yet they were headed by well decorate people like Chaponda

    1. This will transform the lives of Malawians. Thanks Prof. Mutharika.Congratulations Taziona Chaponda.

    1. MAIIC has done well to hire a well-educated and capable Malawian Young MAN.Congratulation bige, mwaiphula basi asafuna asiye!

    1. Private sector led development is a way to go! Nsanje si umuna kapena tinene kuti Jelousy is not sperm. Congratulations! Taziona Chaponda

  21. Looks like Taz will be more useful than his brother, Dalitso, who recently thought it funny to joke on UK television about the fact that his country doesn’t have enough water!

    2. KOMA MALAWI ANAKONZA! eish! Why bringing his father’s name in an article like that? Mulungu atiyendere

  25. Very well qualified young man. Congratulations Taz!! Thank your dad for encouraging you to work hard at school. See where you are now!!

  27. Make mbuuu, mwana mbuuu!
    Wakulira zakuba zomwezo. School waphunzilira zakuba zomwezo. ntchito iyi wapatsidwa chifukwa cha atate ake. Ma qualification akewo akagwere uko.

      1. hahaha Mbuzi zikutukwana panozi olo JCE zilibe.Osamakhala ndi nkhwidzi. Congratulations Taz Chaponda.You have the best education and you deserve it.

      1. Private sector led development is a way to go! Congratulations Mr. Taziona on your appointment.

    3. The courts made it very clear that there was nothing like Maizegate. It was a hoax! George Chaponda was aquitted, get over it and move on with life.

    4. Anthu anga akuonongeka ndi nsanje. Reading the comments here one will easily tell how bitter and cruel we are to another. Let’s love one another! Malawi needs productive young men like him.

    5. Congratulations Hon. GT Chaponda for raising such a brilliant children. This young man and the Comedian. Enafe adatilekelera pano timangotukwana pa internet.

    6. George Chaponda was aquitted loooong time ago and this concerns his son? Hmmm guys polani moto!

    8. Stupid journalists! Very unethical! Why bringing his father’s name in an article like that? Iweyo bwanji sunalembe dzina la bambo wako bwanji apopo walemba kuti story written by Wongani Chiuta.

    10. Guys, Taziona Chaponda is qualified as an economist in his own right and it very unfair to judge him based on his dad’s successes or mistakes. Moreover his father was acquitted.

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