Minister Nankhumwa meets Blantyre vendors over economic cushions

The coronavirus, or Covid-19, which was declared a global pandemic by the World Health Organization, has negatively shaken small businesses in Malawi as such Malawi government is continuously working on recuse plans for SMEs, Foreign Affairs and International Cooperation Minister Kondwani Nankhumwa has said.

Some of the vendors Nankhumwa met
DPP supporters greeting Nankhumwa
Nankhumwa speaking to reporters after the meeting
Some of the vendors Nankhumwa met

He told reporters after meeting representative leaders from all major markets in Blantyre City on Sunday, May 24, 2020, that one of the immediate interventions is the MEDEF loan scheme, which President Peter Mutharika recently launched, saying priority beneficiaries will be small business and medium business operators.

“Although we have not gone into any serious lockdown, it is evident that there has been a dramatic decline in economic activity. People’s buying power has been seriously comprised and businesses are making huge losses.

“I am pleased that MEDEF loans are now being disbursed and that many groups have already received funds, which will mitigate the impact of COVID 19. A lot more people are likely to receive the loans in due course,” said Nankhumwa, saying some of the operational hitches that disbursement faced have been ironed out.

Nankhumwa, who also serves as governing Democratic Progressive Party (DPP) Vice President (South), said he took the opportunity to listen to the representative leaders concerns and inspirations “and I will be presenting their submissions to His Excellency President Professor Arthur Peter Mutharika for his kind consideration”.

Among some of the grievances by the vendors was lack of modern market facilities and inadequate space to trade comfortably. Nankhumwa said government will continue to improve conditions in all markets, including constructing better facilities, as contained in the DPP manifesto.

When he launched the K13 billion MEDEF loan scheme in March, 2020, President Mutharika said youth and women empowerment is key to social and economic development as they can be drivers of change, saying no country can develop with the participation of youth and women.

Romex Matemba, one of the Limbe Market vendors, said he was pleased that the meeting was help in an open manner where the vendors freely made submissions. He said the vendors were thankful to President Mutharika for the MEDEF loans and that he hoped that many vendors would benefit.

The minister was accompanied by senior party officials including Administrative Secretary Francis Mphepo, Regional Governor (South) and Minister of Irrigation and Water Development, Charles Mchacha and Regional Director of Women, Bertha Nachuma, among others.

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Sam
Sam
9 months ago

Ma business sakuyenda chifukwa cha corona. Nde mukawapatsa ma loan wo nde corona yo achoka kuti ma business adziyenda?

Keen Observer
Keen Observer
9 months ago

Mwatchera kumwezi Nkhanga zawona. Just receive & eat it period.

Wa shanting
Wa shanting
9 months ago

Ifenso ma vandor akwa Nsundwe tikufuna loan imeneyo! Tidziwa kuti ndinu osakondera mukati ganizira bwana. Zikomo!

The Judge
The Judge
9 months ago

Kodi mchifukwa chani ma Vendors amatengedwa/ kuoneka ngati anthu opusa?Bwanji amaoneka ngat anthu amene sanapite ku school? Kapena kuti school siyinapindulire? Amaoneka choncho mmaso mwa anthu andale, chifukwa chani?

tamara mulokhiwa
9 months ago

Tikufuna ngongole zokhazikika osati ngongole zopezeka nthawi yamavoti yokhayokha ayi. Ife tikufuna ngongole zokhazikika zoti tikazifuna nthawi iliyonse tizitha kutenga. Munena apazi nzachibwana zokhazokha sizingatukule miyoyo ya a Malawi. Tipatseni ndimisonkho yathu koma tidzabweza kuboma la Chakwera ndi Chilima
Inu mutachoka pa 23 June pano.

nafundo zalo
nafundo zalo
9 months ago

akukunamizani inu ma vendor mukukhala ngati ma move ao simukwadziwa. kukumbwambwaitsani.

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