Chilima promises K40bn entrepreneurship fund: Malawi VP breaks down on ‘one million jobs’ pledge
Vice-President Saulos Chilima has said his United Transformation Movement (UTM) administration will launch a K40 billion entrepreneurship fund with K200 000 loan ceiling to 200 000 people to spur employment as part of his pledge to create one million jobs if elected president in the 2019 Tripartite Elections.
Speaking, Sunday during a political rally at Ntcheu Seondary School ground, Chilima said it is possible to employ not just 1 million people in one year but the figure may even be surpassed.
“In the informal sector UTM will launch a K40 billion entrepreneurship fund with K200 000 loan ceiling that will lead to jobs for 200 000 people,” said Chilima.
“These who will in turn employ other people and even if it’s an average of people that is another 200 000, that is 400000 people already,” he said.
Chilima’s pledge to create one million jobs in his first year of office has attracted criticism from both political and economic commentators as well as President Peter Mutharika.
But Chilima during the rally televised like on Times TV and Zodiak, said the UTM has the technical know how how to executve their plan by, among others, introducing “mega farms” in each district to which will anchor processing factories to create jobs.
“As UTM we come not to seek power, but to seek legitimacy and political space to transform Malawi,” said Chilima.
He said UTM has prioritised a comprehensive socio-political and economic systems overhaul that is going to be tamper-proof so that never again shall there be abuse of public resources without consequences.
Chilima said UTM vision is to transform Malawi into a just, modern and prosperous nation, saying he wants Malawi beyond 2019 to be “ a country united in pursuit of happiness and prosperity and in which every citizen has a fair chance to be their best. “
The Veep also said a Cooperatives Authority will be established to steer the establishment and strengthening of well-organised cooperatives in support of the Mega Farm Initiative.
” Government will support the cooperatives with machinery, equipment and necessary facilities – tractors, harvesters and implements. This will enable farmers produce more yield and earn more” he said.
UTM will have another mass rally in Zomba next Saturday.
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The Aspirant talks like he has been outside Malawi. Assumptions fundamentally flawed. Not surprised, the guy is a marketer good at deceiving customers to sell already made products. Malawians watch out!
What is 200000 loan ceiling? That’s only 300Usd bambo Saulosi. What can 200000 mk do tin an individual? Mwatha mapulani
SKC mavoto adziko lino ngakulu zedi such kind of solutions satitengela patali you seem to be illusioned too like all Malawian politicians. Malawi needs real sustainable solution osati izi za morale zi
Mumangomva innovation eti? Skillful workforce is the true economic improvement for Malawi and aAfrica For eeverythingto be successful it needs kudekha, endure hardship and lay strong basic foundations osati kungofikira kulumphira mmwamba. This is what APM is doing: community colleges, good road and rail network to assist in the transportation of the farming produce to the cities to revamp small businesses, rural growth centers to bring the consumers closer to the small business farm producers. Intreppreneurship skills in our colleges to prepare the future business captains for real business world which is more competitive. Osati mabodza ongofuna kudzatibera basis.
How the beneficiaries are going to achieve financial successes without basic business skills? The old man is better off and has colourful dreams for mother Malawi Community colleges, intrappreneurship skills all the as basic foundation for future great mMalawi osati mbwerera zikunamidwa apazi..
Looking some of the pessimistic comments below, it becomes very clear why we are amongst the poorest countries in the world. The people are exceedingly dull, lacking in sophistication, timid, no sense of adventure or innovation, and their default answer is sizingatheke!!
A total shame, what is so impossible about well managed business loans? what is so difficult about setting up commercial farms in each district? What is so impossible about reintroducing factories in each district producing value added products from the resources found in that district?
You have Burundis, Pakistanis, Nigerians, etc… coming in daily to show you kuti ndizotheka. Of course the normal Malawian response to these fellows is to link their success to satanism, the occult, drug trafficking, etc… never hard work or innovation. Wake up you dunderheads!!! Ndizotheka!
We are being led by a president too old and professorial to embrace new ideas, spending his days napping in his office or fiddling with honorary professorships for Mama and I, and he is leading a bunch of Sizingatheke praise singers. A DPP rally for instance is all about speaker after speaker saying sizingatheke to any innovative idea. The only zotheka in their minds are boreholes, free fertilizer and of course free party t shirts. The blind are leading the blind.
God Help Us to Vote this government out, we need new leadership.
Finding markets for the products
@BigMan
Apa ndiye ponena zowona, you have made me think.
Mwandisekesanso, then I realized you are serious.
So, ndati ticheze pang’ono.
While there is but only a grain of truth in some of your accusations, you are misled in the main.
Herewith a few pointers and pointed questions:-
– When are you going to start criticizing your new Party, UTM, and Chilima, the self-appointed President or spokesperson, for ridiculous
ideas? You criticize DPP hand clappers on one hand (pan intended), and yet praise your leader Chilima, The Anointed One, unreservedly,
on the other!
– Can one, even your Chilama, start a viable business with 200000 Chilembwes in this current economic environment? You know very well
that most business startups fail within six months, even with seed capital of more than 3 million Chils. Those entrepreneurs thought
they had viable business plans, but challenges were overwhelming. Especially in a small economy, like ours.
– Most of the foreigners you mention have a “tribal” network they depend on: nothing derogatory about this – just fellow Burundian/Pakistani
helping another fellow … And the capital lent by the established sponsors is overwhelming – kunyenyenya local participant easily basi.
– Anybody, including an uninformed individual, can throw a bunch of ideas around. Even in scatter gun fashion, so many ideas at once, but
there comes a time to say “enough is enough”, because some ideas simply become a waste of time – to warrant some people to walk out of
a meeting, if the venue was such. Is your leader hoping that maybe, just maybe, one of the hundred ideas will pan out? That does not work
in leadership situations, and especially in almost perpetual crisis situation we live in.
– Most economies thrive because of exports. Does your leader know, already, the markets we would export the new products? If so, why did
he not present his ideas to the government he was part of over the past three and half years – the same government he is nos castigating
opportunistically?
Because, if he does not, the products will just stay here and “rot”, and the businesses would inevitably go bankrupt. Malawi needs exports.
Thus the criticism of your leader that most of his ideas are half baked.
Perhaps you can urge him to moderate a bit, and maybe get his ideas vetted for authenticity by some knowledgeable independents.
He says these 200,000 beneficiaries will employ the other 200,000 people on monthly salary. Just with the k200,000. Please Chakwera and Mia tell this guy to tread carefully in his promises.
And why is that an impossible idea? MK200,000 is enough to start a small business and employ someone whom you will pay from the profits that you will make. Inu mukuganiza kuti malipilo adzikachoka pa 200,000 pomwepo??? I bet you are a DPP cadet.
I am seeing hope for Malawi beyond 2019! SKC you have my vote! Anthu enawa ndiwoponda masomphenya nkana chili chonse amangoti ndichosatheka! Lord have mercy on Malawi!
hahahahhha this guy is getting more finny now. Chilima are you telling me that up to now you don’t know that K200,000. is nothing to a life of one single malawian? kkkkkkkk this guy is hopeless.
Yoi sound like another cadet, barking, barking, barking and barking some more…..for nothing!
K200,000.00 loan my foot!
you are one sorry mortal my friend i bet u even if they can give you K10 million you can do nothing with it. business requires people who have a dream and focused and not the likes of you who can see as far as your nose!. Big capital does’t ensure business success, it all boils down to your values.
Not everyone can be successful hence need for basic skills osati mabodza mukunenawa akavibangwa. APAmukungofuna njira yodzaonomgera ndalama
Pumbwa wa mung’ono wayamba kuwonekela mawanga. Tiye nazo….
Malawi has big dream crushers, people here don’t embrace big dreamers and for this reason i will leave this damned land! we don’t support each other, we like these small dreamers feeding us with the obvious things that don’t even spur your mind to think out side the box. We have classical examples of big dreamers here who were crushed, the windmill guy (William Kamkwamba) in Kasungu was never supported and everyone discredited him, but what happened next America that embraces people who dream big whisked him away and he is gone. We also had a young man who invented a radio and everyone knows what happened to him, he was arrested and on…..as of now he is no where. When John F. Kennedy assumed presidency he declared that in 10 yrs america will send a human to the moon and back to earth safely and everyone said it can’t be possible but the guy was serious and never changed his mind, this made people to start thinking on how they could overcome the challenge and before the end of 10 yrs the mission was accomplished. Most of you here have been to collage and when it comes to assignments some are the toughest but the lecture tells you he needs it submitted in 3 weeks and everyone would comment in class this cannot be solved its too tough. But when the due date is closer everyone leaves whatever they were doing to concentrate their mind in coming up with the solution to the problem and i tell you they are solved always on or hours before they are due for submission. Unless we change our mindsets here in Malawi we will remain like this always small thinkers.
DEAR DPP FIELD MARSHALS —
WHERE ARE OUR TRACTORS AND
HARVESTERS BOUGHT FROM INDIA
USING TAX PAYERS MONEY ??
Richard Msowoya aka UTM anaba ma tractors onse hahahahaha
Seeing most of our comments, I think we Malawians have a big mind problem and it will take years to have it healed. In fact we have so many things we can do to get out of thus poverty, foreigners are proving to us every time they come hear. They start business and prosper and employ us in the end. Our problem is that we don’t want to struggle…we want more easy money on a go. If one can use K200,000 creatively and rightly I believe he deserves more support. How can you give millions to somebody whom you haven’t proved to be creative? I believe that SKY gave that example to show us that we have a lot of potential but we don’t see it.
Every day seems to bring a revelation that this guy’s ideas are simply half baked.
People keep asking: “… are these ideas actually his own, or are they Mrs Kaliati’s or Mrs Bungu wa Mutharika’s?” Because the ideas don’t seem to originate in the head of someone with a Chirunga ecoonomics education, let alone an advanced degree (from elsewhere).
Does Malawi want a non-thinking President, and one who just blows off steam inappropriately? Can any country afford such stupidness?
Soon I will stop reading any articles about Chilima and his so-called economic policies. Just a waste of time: I get headaches from shaking my head in disbelief, and have no room even to analyse his so-called thoughts.
Meanwhile, he can dream on as he is NOT the President and, therefore, NOT responsible for what’s happening.
That’s why this mwana always moves with a LEGENI . Childish even atanena kuti udzuzu uzizatha kunyamula Njobvu stupid pipo will say yah it’s possible a mosquito to carry an Elephant chitsiru chimakhala ndi anzake
Looks like patronage is drastically going down.
Hahahahaha creation of 1 million jobs in one year eish. Pathetic! Kutha mzerutu uku lol. k200,000 loan for mandasi business and farming cooperatives then boom! One million jobs hahahahaha.
The exicement was gone already…no more fanfare…You took Malawians as fools bwana.
Akuluwa misala yayambika….am sure Chancellor Co”ege economics lecturers feel ashamed with this kind of reasoning..Sorry Pro Ben Kaluwa
Is this 200,000 people going to be people who have nothing to do right now? Koma this is being out of touch with reality. If job creation is giving me K200,000 to buy a kabaza and employ someone to be riding it ndiye kayatu. Am pretty sure those businesses will mostly fail or people will use it to feed their families. Moreover its the same story of giving to party members.
The moment this country will learn to put food where the mouth is there is going to be big changes. It’s clear that there is money and in fact lots of it koma vuto ndi misuse. We need a leader who will correct this short sightedness
Ikakhala Job Creation yake imeneyi ndiye anzanu akupanga palibe chachilendo. Mukuwerenga mbewa ndi michira yomwe kuti ikwanire 1 million. Zangongole izi zasaukitsa anthu pa Malawi pano. Zidayamba ndi Bakili Muluzi. Adabwera ndi yomweyi. Kudagawidwa mabasi 20 kwa amalawi 20. Pano kulibe. Kunali Demat, Sedom, Nabiwi onse adagawa ndalama zaboma kwa anthu pano ziripati. Mabizinesi kulibe makampaniwonso sakudziwika kuti akutani. Bingu adabwera ndiyomweyi. Iye dati boma iyambitse kampani yake. Adakhazikitsa Madef. Madef idagula makina opangira choko, mafuta, nsapato, juice, nsalu. ena adategawo angounjika nyumba akusowa chochita nazo. Ena adatenga ndalama adasowa. Ena mulinao konka adatenga kukagawa konsitituese yonse osabweza ngakhale 1t. Mabanki adatha nkhani yake yomweyi kudali Malawi savings, Indebank komanso opportuity bank, Kutenga ngongole amathamangira koma amangodya. Kunena kwake amati ndimavoti athu. Chinanso ndichoto anthu mumango apaka pakamu koma mabillionio mumagawana nokha. Pano mukufuna mutibere 40 billion mugawanenso kuti mubweze ndalama mukutaya pamisonkhano yanuyo mwalemba mmadzi. Mukunama inuyo sizitheka ulendouno. Zaulendo uno ndizovuta sizitheka. Choonadi cha nkhani apa ndichoti mwavomeleza kuti 1 million job creation one year ndiyosatheka. Kota sisitimu mwagwa nayonso. Osamathangira kumeza musanatafune. Mwambi wa lero Mlaliki 10:15 TSOKA KWA DZIKOWE, PAMENE MFUMU YAKO NDIYE MWANA, NDIPO AKALONGA AKO ADYERA. GOD BLESS MALAWI
JoiKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKn the discussion…
Chilima is a dreamer. Let him pass
The guy has vision . Am beginning to like him
Take that K40b and fix education that focuses on innovation and problem solving. That way, you’ll create entrepreneurs who will solve problems and make money out of it. Remember that Malawians have not had great education to crrate entrepreneurs that can compete with the world. Malawi isn’t insular but open to global products and solutions. Konzani ka pansi kuti ka m’mwamba katsike. Otherwise that K40b will go down the drain with nothing to show in 2 years time
Real! What is the country’s population now. What percentage is 200000 people to the current population? Oh boy, and these will employee other 40,000. Kikikikiki. This is day dreaming. You mean he is going to give loans to 200000 people. How mNy from each region, and each district. What if there is a loss of the usiness, who is going to pay? Any wakumva wamva it is time to digest and see that this is totally a flop. This man has nothing convincing , he is just blaa blaaa. Even 200000 what is the fraction to a million and those who will get a loan cannot start making profit. Chilima should know the risks that are attached to business. Oh my God, Lord have mercy, Christ have mercy.
Am starting to get excited now… I think I should go for voter registration now although I had sweared that never shall I cast a vote again in 2004. I want to be associated with these guys who are dreamers in color. Time for politics of bootlicking shall be declared over by this guy
Abwana VP and bwana Present of the Republic of new Malawi to be, mukali mkati mwa boma as our beloved VP. Please just do a demonstration of the promised Mk40,000,000,000 entrepreneurship luanch now so that we test how sweet are you promises. Everyone including APM himself will support you on this one. Who can refuse this great idea? But the credit will remain SKC, the great. Tell your donors to luanch this idea before elections. This will make it a national agenda other than a political gymick.
Malume, Open your eyes please don’t you know that with people like Ben Phiri the veep would not be given the chance. I now remember the quotation I read somewhere which says people can indeed critisize for the sake of it.
Chilima akuseweletsa miyoyo ya a Malawi. Just convert 200 000 to dollars & think if that is enough capital to start up a business, maintain it & make it survive. . Zusiyana pati ndi mandasi amai aja?
This is diva economics at its best. The issue is not the 1 million jobs per say but it’s the timeframe promised which is not just realistic but pure diva economics. You can’t establish mega factories and megafarms in just six months. Be realistic bwana VP much as we know its an act of desperation .
He hasbright ideas which are doable. From his own admission that the UTM has quite a big team of brains who feed into their manifesto. The guy has a big economic roadmap for our underperforming government. But the investment by our diaspora fraternity should be looked into vigorously. Please Chilima walk the talk in that period when you’re on throne your manifesto is simple and tantalising it is down to earth easy to question any slip during the implementation. Never ride the Bobi Wine-EFF Malema wagon despite sharing the red regalia create development space for the poor
Some of these opposers Bwana VP we know! They are being paid data just to oppose you this on page” Don’t worry Malawians are so clever and they are listening from you boss! It’s my prayer that these so called unchangeables amudziwe Yesu Lero! Mbiteee