As the Tonse government begin its reign to usher Malawi to new levels of development, one area that is geared to push fulfilment of the popular manifesto pledge of 1 million jobs is the potential influx of foreign direct investments. Malawi has struggled to attract investors in the past five years, a situation which has […]
President Peter Mutharika on Friday met a representative from Rosatom, a Russian state owned Nuclear Technology company which intends to invest in Malawi in areas of nuclear energy, rare earth mining and medicine, State House has confirmed. Presidential spokesperson Mgeme Kalilani told Nyasa Times that chief executive officer for ROSATOM’s central and southern africa operations, […]
Government says it expects Russia to invest in Malawi’s technology, energy and mining sectors to help in the economic development process of the country. Minister of Foreign Affairs and International Cooperation, Francis Kasaila expressed the hope Sunday in Sochi, Russia ahead of the first Russia-Africa Summit to be held on 23 and 24th October, 2019. […]
President Professor Peter Mutharika has described colonialism and aid to Africa as organized systems meant to cripple Africans. The Malawi leader said he has since found five ways of rescuing Malawians from such system. Mutharika was speaking Sunday at Washington University in St. Louis, United States of America, where he was conferred upon the Doctor […]
Malawian President Peter Mutharika joined African leaders currently participating in the 2018 Commonwealth Heads of Government Meeting (CHOGM) in London at Commonwealth Business Forum on Wednesday at Guild Hall in London, United Kingdom where they singled out security as vital to investment in the African continent. In his contribution, Mutharika told the delegates that security is of […]
President Peter Mutharika enticed potential investors in London when he assured the security of their investments and a huge market in Malawi despite its small size. He said during the meeting with members of UK Royal African Society. “Of course Malawi has a relatively small population of 17 Million people, but it is part of […]
President Professor Arthur Peter Mutharika on Tuesday called for more foreign investors to invest in the country assuring them of a conducive economic environment. The Malawi leader was speaking at Kamuzu Palace in Lilongwe, when he had an audience with Norwegian Minister of International Development, Nikolai Astrup, who is in the country on a four […]
Malawi is world’s best investment destination, billionaire president of Shepherd Bushiri Investments (SBI) Dr Shepherd Bushiri has told Japanese investors. Dr Bushiri made the statement Thursday afternoon in Johanesburg, South Africa, during the Japan-Malawi Investment Forum. He was invited by the Malawi government to speak about his experience of investing in Malawi as part of […]
President Arthur Peter Mutharika says the ground of breaking ceremony for the Multi billion kwacha China-Africa Textile Company in Salima is a significant step towards turning Malawi into a major textile exporter in Africa. The President made the remarks on Monday at Salima Local Education Authority School, shortly after the ground breaking ceremony. “Our government […]
President Peter Mutharika has persuaded Commonwealth Development Corporation (CDC), the UK’s development finance arm, to invest in the country’s energy and agriculture sector to help rebuild the country’s economy. Mutharika said when he had an audience with a CDC delegation at Kamuzu Palace in Lilongwe on Wednesday. He told the delegation that Malawi is a safe […]
I have followed with keen interest the recent developments in which the Chinese government has made donations and investments commitments to Malawi. Just a few days ago President Peter Mutharika attended a ground breaking ceremony for the Sogecoa Business Park site at Chichiri in Blantyre. What is of interest was a statement the president made […]
Leader of Transformation Alliance (T.A) Moses Kunkuyu has asked the government to scrutinise and put under microscope all the foreign investors after noting that citizens are not benefiting enough from Direct Foreign Investors. Kunkuyu said this few days after President Peter Mutharika laid a foundation stone where Chichiri Business Park will be constructed in the […]
The State President, Professor Arthur Peter Mutharika says the coming of the Lilongwe Grand Business Park in the city is testimony that the direct investment program is delivering results by bringing money and jobs into the country. The President made the statement during the ground breaking ceremony for the construction of Lilongwe Grand Business Park […]
Malawi and Africa as whole remain potential destinations for investment because they still possess abundant resources for production, Malawi’s President Prof. Arthur Peter Mutharika has said. President Mutharika made the remarks at Morgan Library and Museum in New York during a fundraising event organized by a Lilongwe-based Miracle for Africa Foundation. “Investing in Malawi and […]
Government has launched the Malawi Business Registration System, and the Collateral Registry, a development that will enable members of the public register their businesses and movable assets online. The official launch took place at the Bingu International Conference Centre (BICC) in Lilongwe where Vice President, Dr. Saulos Chilima, was guest of honour. In his keynote […]
President Arthur Peter Mutharika has reiterated his steady vision to industrialize Malawi and transform it into a predominantly exporting nation in the near future. He was speaking on Monday in Balaka when he officially inaugurated Balaka Cotton Ginnery. “The opening of this ADMARC Cotton Ginning factory is a symbolic return to Malawi’s path to industrialisation. […]
Malawi will soon have another five start hotel in the capital Lilongwe following an announcement by China Lilongwe Grand Holdings Corporation Limited (CLGHC) to invest US$100 million the hotel building following their attendance to first ever Malawi Investment Forum. The company chief executive officer Jeff Zhang also disclosed plans to have a cigarette manufacturing projects […]
The Duke of York, His Royal Highness Prince Andrew, has offered to become Malawi’s Investment Ambassador as the country is shifting to an exporting economy through massive foreign direct investment (FDI). A post on President Professor Peter Mutharika’s personal Facebook page disclosed that the Duke invited the Malawi leader on Tuesday for a closed door […]