Malawi indigenous businesses call for contracts internalization

The Indigenous Businesspersons Association of Malawi (Ibam) has appealed to authorities in the public and private sectors to make it a must that 75 percent of their contracts are awarded to local companies as a way of ensuring massive job creation and hedging progress in the country’s economic recovery. Ibam president Mike Mlombwa said this in reaction […]

Mulli whinges at Malawi ‘hostile business environment’- report

Squeezed businessperson Leston Mulli, managing director of Mulli Brothers Limited, has slammed President Joyce Banda, saying there is not much to celebrate about during her one year rule as he complained of hostile business environment. Mulli, who is  Indigenous Businesses Association of Malawi (Ibam) chairperson cried foul over sky-rocketing interest rates on the financial market, which […]

Scrap off retrogressive taxes, IBAM says

The Indigenous Business Association of Malawi (IBAM)has urged  President Joyce Banda government to remove some infamous taxes which were effected to support the failed zero deficit budget by the previous government. This comes as Finance Minister Ken Lipenga is expected to present 2012/13 budget to parliament, which will be officially opened this Friday, May 18, 2012 by […]

Mlombwa appeals to President Banda to boost SMEs

The Indigenous Business Association of Malawi (Ibam) says they will support President Joyce Banda administration in realising its agenda of developing the country, expressing the hope that Her Excellency will promote local entrepreneurship. Ibam president Mike Mlombwa said President Bank has vast experience in business having founded the National Association Business Women (Nabw). Mlombwa, who […]