President Peter Mutharika this week had an audience with the Indigenous Enterprises Association of Malawi (Ibam)
Chairman Mike Mlombwa, State House sources have confirmed.
Mutharika, who came to power on 31 May after defeating 11 other candidates, including the then leader Joyce Banda in the 20 May 2014 tripartite elections, appears to be committed to the development of local businesses.
Mlombwa, who has been championing the empowerment of indigenous Malawians, could not be reached for a comment on the agenda of the meeting but the sources said the discussions centered around how government can help in the promotion of local enterprises.
“As you are aware,” said the source “the president has made it clear that his government would promote strategies that empower indigenous Malawians.”
Speaking in Parliament last month, Mutharika, in his maiden state of the nation address revealed that his Government will facilitate the promotion of quality in local products and promote the Best-Buy-Malawian campaign.
Mutharika also said government will empower Malawians to venture into tangible businesses through deliberate economic empowerment strategies.
The Malawi leader also told Parliament that his administration will support Malawians to enter into joint ventures with foreign investors.
He also committed to establish a one-stop investment centre to promote and encourage increased investment in the productive sectors especially in agriculture, mining, manufacturing and tourism. Mutharika also promised to strengthen and develop viable financial institutions that will undertake trade financing so that every product made in Malawi finds a market either locally or abroad.