Email a copy of 'Malawi ready for foreign investors - Mwanamvekha' to a friend
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Email a copy of 'Malawi ready for foreign investors - Mwanamvekha' to a friend
Malawi's celebrated Afro Vibes Star, Lulu, will this year celebrate his 30th birthday to mesmerize fans through releasing an all...
Ha!ha!ha! what a joke. Please government be serious, stand on one ground you have already destroyed our beloved country with the rate of corruption, maybe you have agreed with your so called investors that they will be allowed to abuse the system and steal as well? No sane investor will invest in a collapsed economy.
Investors would have to be mad or very philanthropic to come to Malawi: what with corruption continuing without restrictions, too many regulations, the government’s habit of overtaxing anything that looks like it may make a good profit, there is little encouragement for investors. Eliminate all corruption and investors will start to have faith.
How would they get their money back with all the stringent forex controls in place? Unless you assure them, they won’t. It is too risky investing foreign currency as capital in Malawi. Get if from me and many others who have invested so much using foreign currency. It is extremely hard to get the money back. If one tries to get the money back in the currency of their choice, they get hit with the stupid so called externalisation regulation. Absolute tosh economics.
BY THE WAY WHAT HAPPENED TO THE MEGA PROJECT THAT WAS SUPPOSED TO BE CONSTRUCTED AT CAPE MACLEAR! NO PROGRESS TODATE. DID GOVT REACH AN AMICABLE SOLUTION WITH THE LOCALS?
It is not Nkolombizo, but Nkolombidzo. Mwanamvekha prounced the word in a Lhomwe fashion, not Chichewa. Please journalists ask the correct spelling of a place from the people who live there – this is cheap journalism. If you are making a silly mistake with a local name how many times will you make mistakes with foreign names? The golden rule in journalism is “when in doubt ASK”, and do NOT assume. I will rule Gambia for a billion years.