Malawi not invited to Africa Global Business Forum

Malawi has been left out on the list of African countries invited to  the 2014 Africa Global Business Forum in Dubai taking place next month. The Forum is a platform that has been billed as important for African countries’ investment opportunities. The Dubai Chamber of Commerce and Industry recently announced the list of the African […]

APM gives Malawi ministers ultimatum to explore investment areas

Malawi’s President Peter Mutharika, has given a 30-day ultimatum to ministers and principal secretaries to explore areas of investment within their respective ministries. Mutharika made the remarks on Tuesday August 12 in Lilongwe when he addressed the media two days after his return from Washington where he attended the US-African leaders’ summit. He  said the […]

Dassu tips Malawi on ‘windfall tax’ as Mutharika encourages FDI  

Malawian UK based governance activist Ahmed Dassu   has tipped  Minister of Finance Goodall Gondwe to consider introducing ‘windfall tax’ collected from the two sectors of the economy, which has benefited most from government budgets – the successful bidders of contracts to supply the government going back to 1994 and the mining companies which exploit the country’s mineral […]

Who is monitoring plight of Malawian workers under foreign investors?

“Many of the poor health and safety practices we found in Zambia’s Chinese-run mines look strikingly similar to abuses we see in China,” Bekele said. “Respecting labour laws and ensuring workers’ safety should be standard operating practice both in China and abroad, not treated as an irritating barrier to greater profits.” – Human Rights Watch World […]

Freshwater Group of Companies to assess Malawi’s investment opportunities

Executive team of the Freshwater Groups of Companies, a multinational corporation, will visit Malawi from 3 to the 9th of December 2013 to assess various investment opportunities available in the country. According to the Malawi Investment and Trade Centre (MITC), Freshwater’s executive team’s visit is aimed at looking projects in the field of energy, infrastructure, finance […]

Lipenga says investors ignorant about Malawi’s business incentives

Malawi Government has admitted that the country is lagging behind to sensitize potential investors on business incentives the country has. Minister of Finance, Ken Lipenga said this in an interview with the Malawi News Agency on the sidelines of the 2013-2014 pre-budget meeting his ministry conducted in Blantyre. Lipenga said if investors were fully aware […]

Malawi destination of investment: JB beckons foreign investors

The Malawi government is geared to create a conducive environment for both domestic and foreign business that would put Malawi in the top 100 countries attracting investors in the next five years, President Joyce Banda has said. Speaking at the Malawi Business Forum held in Brussels on Thursday, the Malawi leader said her government is […]

President Banda courts British investors, meets Baroness Chalker

President Joyce Banda has shared her investment vision for Malawi and invited British private sector to come and invest in the country. The Malawi leader held a two hour meeting on Wednesday with potential British investors at the Royal Over-Seas League Club House in London which was convened by renowned British politician Baroness Lynda Chalker. […]