Prophet Bushiri joins President Mutharika at Malawi Investment Forum
South African based investor, preacher and philanthropist Shepherd Bushiri on Monday joined President Peter Mutharika in launching this year’s Malawi Investment Forum at Bingu International Conference Centre (BICC) in the capital city Lilongwe.
Malawi Investment Forum is a platform where the country sells its investment opportunities across the world – about 300 delegates are participating at this year’s two-day event.
Bushiri was given recognition as his Shepherd Bushiri Investments (Pty) Limited (SBI) has now operations in the country and is creating jobs.
SBI founder spotting a blue suit, was given a seat in the front row together with the President and sat next to ruling Democratic Progressive Party (DPP) regional governor for the center, Bintony Kutsaila.
In his address, Minister of Industry, Trade and Tourism Henry Mussa recognized Bushiri and said his SBI is seeking partnerships with international investors in areas of mining, hospitality and sports academy.
Mussa said this year’s forum has attracted both domestic and foreign direct investment into selected strategic public and private sectors.
He said the investment forum are becoming a successful platform for Malawi, saying the country has made “notable gains” from hosting them.
And President Mutharika also recognized Bushiri in his address, parrying away claims that the famous prophet has strained relationship with the Malawi Government.
Bushiri’s company has bought seven plots in Lilongwe and is working on a hotel project along the Lilongwe-Mchinji Road, estimated to cost $21 million (about K15 billion).
SBI has footprints in a number of countries including his base in South Africa where it bought Sparkling Waters and Spa in 2016 and has since invested $100 million (K73 billion) in renovations, creating over 1 000 jobs in Rustenburg.
According to Malawi Investment Trade Centre (Mitc) spokesperson Deliby Chimbalu, the delegates are from Netherlands, India, Ireland, Nigeria, United Kingdom, United States of America, South Africa, China, Zambia Zimbabwe.
Financing institutions are also part of the sessions and they include Africa Agriculture Investment and Trade Fund (Aaitf), Trade and Development Bank (TDB) formerly PTA Bank, Africa Finance Corporation, Standard Bank Group, National Bank of Malawi plc, CDH Investment Bank.
The forum will focus on five key sectors of agriculture and agro-processing, energy, manufacturing, tourism, transport and infrastructure.
It will also feature a trade exhibition and a financiers’ session.
This is the third MIF and the first one was held in 2015.Follow and Subscribe Nyasa TV :
wa pathfinder muli wa chindele chakwambapo
Mesimadzi, ngati kumeneko kuli kukongola ndiye kuti chipembere (rhino) ndi chinyama chokongola zedi
Abale Josph Phungu Nkasa sananame, APM kumeneku kukongola? Komadi ufumu utomuyenera. 2019 APM akuwinanso. Ndikudziwa kuti ena, makamaka onyamula tambala wamalodza, wokuda, uthengawu uwanyansa.
Choncho Abisalomu sanabwere Ku forum yofunika ngati imeneyi? Nanga Chakwera, nayenso sanabwere? Choncho anthu onse odana ndi chitukuko sanabwere Ku Investment Forum?
Kuchesama kwa kumaso na kubinkha kwa maoko vyapambana pa pikitchala apo. Kwali mukuti investment forum ine nayijumpha waka.
SOME PEOPLE ARE VERY STUPID –INSTEAD OF TALKING DEVELOPMENT’S/JOBS YOU ARE BUSY TALKING COLOURS OF HANDS; REALLY ??
This is what Malawi has been waiting to see and availability of This prophet is blessings to our country,there is gonna be turn around of many things and God will bring you ideas in our country.God bless Malawi
Oooh God please Remove the scales of blindness from the eyes of my fellow MALAWIANS so that we can see that BUSHIRI IS the only Answer to the hardships the country is facing otherwise We will regret /suffer like never before in human history
PLEASE CSOS PAC CHIEFS CHURCH LEADERS CHIEFS PARENTS YOUTHS INVITE BUSHIRI TO COME AND HELP GOVERN THE COUNTRY AS WAS THE CASE WITH KAMUZU
THE FUTURE OF OUR CHILDREN IS NOW MAY GOD BLESS OUR LAND
Man, riches and leadership is different. If you think Bushiri can be a good leader then to those who are already led by a good leader as well, by the way where is God if Bushiri is the only answer?
YOU ARE ASKING ME WHERE IS GOD: DO YOU WANT GOD TO COME DOWN ON EARTH AND LEAD US PHYSICALLY ?? NO !! IT’S THROUGH INTELLIGENT VIBRANT YOUNG LEADERS OF BUSHIRI CALIBRE !!
Where is che Saulos
This is a great initiative which should be cemented with robust follow ups. An execution committee should be put together to follow up on all expressed interest or signed MoUs. Kudos to Servant in Chief Peter Mutharika. Way to go!!!!
Basi Vice angokhala ameneyi 2019. After all ndi hardworker kale.za u Cornman mukudziwa ndinu ma haters. Malawi under uyu atha kusuntha.
Pathfinder, this is not a forum where you can show how good you are at showering insults at others. If you are not happy with Nabanda’s comment regarding Peter Mutharika’s aging then just dwell on the subject and not insulting the person. Insulting others is due to the inability to think and reason. Two wrongs do not make a right. And by the way, you also have the same body part that you mention to insult Nabanda. Next time, try to think before posting your insults for public reading.