President Professor Peter Mutharika Thursday assured American investors that the country will provide security to their business. Speaking at Kamuzu Palace in Lilongwe during the meeting with Millennium Challenge Corporation (MCC) delegates from America, Mutharika said the country will also provide fiscal security to them. “Malawi is a secure place for business and now we […]
The People’s Republic of China has donated over K18 million to the Malawi Government through Ministry of Trade and Industry for the Malawi Investment Forum (MIF) which will take place on 29 – 30 June, 2015. The donation was presented on Tuesday at the ministry’s headquarters in Lilongwe during the signing ceremony of Memorandum of […]
Malawi President Peter Mutharika has said his administration remains committed to creating the most conducive investment environment in Malawi as private capital is key to the development agenda of the country. “Since taking office in May, 2014, my government has embarked on several legislative and administrative reforms to make Malawi attractive to private capital,” said […]
A Consortium of development partners on Monday called on the President Peter Mutharika in Washington DC, United States to present their proposal to invest in power resource development in Malawi. Presenting the proposal on behalf of the Development Partners, Professor James Nicholas who is the Executive Partner stated that the proposal outlines the team’s capabilities […]
The Indigenous Business Association of Malawi (Ibam) has asked the government to come up with an indigenisation policy aimed at encouraging local investment. Ibam president Mike Mlombwa said such a policy would ensure that business policies are friendlier to Malawians and guarantee their equal participation in the market. “We ask government to consider Malawians in […]
Government through the Malawi investment and trade Center (MITC) is organizing the first ever Malawi Investment Forum 2015 (MIF 2015) scheduled to be held in Lilongwe from 29th to 30th June at Bingu international conference Center. The forum is aimed at showcasing investment and trade opportunities in Malawi, promoting specific investment opportunities to both domestic […]
Malawi Deputy High Commissioner to the United Kingdom John Tembo Jnr has asked Malawians of Asian origins to return and invest in their country, saying the legislative, business and political environment is conducive for any investor. Tembo made the call after touring Fashion Fabrics Transprinters, Europe’s 5th largest textile supplier Ismail family and Letsa Packaging […]
A car that was stolen and used in two separate robberies on Monday and Tuesday in Malawi’s commercial capital, Blantyre has been found parked at the house of the owner, Tanveer Ahmed, southern region police publicist Nicolas Gondwa confirmed. The vehicle, Nissan Tilda registration number BL 2432 was reported stolen three weeks ago in Limbe. The vehicle was apparently […]
As the Malawi Police Service (MPS) is grappling with increased cases of armed robberies, an official from the Embassy of the People’s Republic of China has warned that Chinese investors may decide to relocate to neighbouring countries due to insecurity in the country. According to Wang Jiaxin Hudson, the Embassy’s Economic and Commercial Counsellor, increased […]
President Prof. Peter Mutharika on Monday appealed to companies and supermarkets in the country to prioritize Malawian products before importing from other countries. Mutharika made this appeal during the opening of the gate way shopping complex in Lilongwe which is one of the largest shopping center in the country. The President said experience has shown […]
President Peter Mutharika has asked local and foreign companies to invest substantially in value addition to Malawian products, saying such interventions will help to develop the economy. Mutharika made the appeal when he presided over the official opening of a factory extention at JTI Malawi Limited at Kanengo in Lilongwe on Thursday. “While I commend […]
Minister of Foreign Affairs and International Cooperation, Dr. George Chaponda, on Tuesday opened a four-day briefing session for newly appointed Ambassadors/ High Commissioners-Designates and other Malawian diplomats, before taking up their posts abroad. Chaponda has advised the newly appointed diplomats and secretaries who will represent Malawi in various countries to sale and promote the country […]
President Peter Mutharika used his address during the launch of Malawi’s first-ever Bankable Projects Compendium – Malawi Investments Projects Handbook – to express confidence that his government will heal the country’s ailing economy. Mutharika presided over the launch of Malawi’s Investments Compendium and National Dialogue on Private Sector Development at Kamuzu Palace in Lilongwe on […]
President Peter Mutharika will on Wednesday, December 3 launch the Malawi Investments Projects Handbook, a compendium of bankable projects in respective ministries. This follows President Mutharika’s directive — upon his return from the Washington US Africa Leaders’ Summit — to all Ministries to produce a compendium of investment opportunities that would be used to woo potential investors […]
Malawi cabinet ministers met nine Spanish investors in Pretoria, South Africa to lure them into investing the southern African country a result of a Memorandum of Understanding (MoU) signed on business collaboration between the two countries. Malawi ministerial delegation which comprised of Foreign Minister Dr. George Chaponda, Francis Kasaila the Mnister of Transport and Public […]
A 43-member Malawian business delegation is in the United Arab Emirate (UAE) to explore investment opportunities. The delegation, which left Malawi at the weekend, is being led by Information, Tourism and Culture Minister Khondwani Nankhumwa. The Malawian businesspersons are expected to hold meetings with business officials in Dubai on Monday and Tuesday during the visit organised […]
President Prof. Peter Mutharika says he has clinched foreign investment deals with various investors during his stay in New York, USA where he attended the 69th Session of the UN General Assembly (UNGA). Mutharika disclosed this upon arrival at Kamuzu International Airport (KIA) in Lilongwe on Wednesday. He said the 69th UNGA had been a […]
President Peter Mutharika Friday unveiled investment opportunities of Malawi to business captains at the Grand Hyatt Hotel in New York, US at a luncheon organized by the Corporate Council on Africa. The Corporate Council on Africa, established in1993, is at the forefront of strengthening and facilitating the commercial relationship between the United States and the […]