The Office of the President and Cabinet (OPC) has instructed former Malawi ambassador to Ethiopia and the African Union, Chimango Chirwa not to report for duties as the new chief executive officer for the Malawi Investment Trade Centre (MITC). Chirwa arrived back in Malawi on July 1, 2020 to report for duties but he has […]
Former Malawi Ambassador to Ethiopia and the African Union Chimango Chirwa has been appointed chief executive officer for the Malawi Investment Trade Centre (Mitc). Chirwa replaces Clement Kumbemba who was sacked from the position and deployed to the Ministry of Trade as Director of Trade last month. Several people including family and friends have been […]
Government has fired Malawi Investment and Trade Corporation (Mitc) chief executive officer Clement Kumbemba, Nyasa Times understands. Kumbemba was told that he was being deployed to Ministry of Trade as Director, apparently a demotion. “He is out of Mitc, he was told on Monday and his Blood Pressure shot upon receiving the news,” said a […]
Malawi Investment and Trade Centre (MITC) Chief Executive Officer Clement Kumbemba is said to be panicking following the expiry of his contract this month and has started releasing ‘big figures’ to justify renewal of his contract. Government is yet to renew his contract and Kumbemba has stepped up his gear through publicity of his ‘achievements’ […]
Malawi Investment and Trade Centre (MITC) Chief Executive Officer Clement Kumbemba says small and medium enterprises in the country can grow fast if they utilise the export market. Currently most SME’s find it difficult to export products primarily because of high transportation costs to the ocean but also a huge appetite for imports. Speaking on […]
The Malawi Investment and Trade Centre has recorded investment pledges worth $1.4bn for the year 2018 Nyasa Times understands. According to MITC spokesperson Deliby Chimbalu these investment pledges are from 105 companies that have been issued with investment certificates from the Centre. Speaking in an interview with Nyasa Times in Lilongwe, Chimbalu said Malawi is […]
Over 39 companies from China have expressed interest to buy Malawian products which are said to be of high quality and meet international standards. This was discovered during the recently held China International Import expowhere Malawi showcased its products and services. According to MITC’s Public Relations Manager, Deliby Chimbalu, the expo has generated over $140 […]
The government, under the Malawi Nacala Rail and Port Value Addiction Project funded by the African Development Bank, is conducting interactive capacity building workshops for Small and Medium Entrepreneurs (SMEs) involved in Agro-business in order to contribute towards increased exports. The workshops, the first held in Blantyre on Wednesday and the second in Lilongwe on […]
Legislative, business and administrative reforms coupled with political will and drive are cementing Malawi’s business reforms that the country has become competitive at international level, the Malawi Investment and Trade Centre (MITC) has said. MITC Director of Investment Promotion Joshua Nthakomwa told investors, business captains, financiers and UK government officials, that the reforms that were […]
Development of Industrial Hemp regulations that will enable Malawi to formally join the growing nations is set to start this December as it awaits Cabinet approval, the Malawi Investment and Trade Centre has said. Speaking to the Malawi UK Business Group reception in London, Director of Investment Promotion Joshua Nthankomwa said Malawi is set to […]
The British Investment firm CDC says it is raising millions of dollars for investments in Malawi and is open to receive proposals to grow entrepreneurs especially in the agro-processing sectors with potential to produce products for export. CDC Chairman Graham Wigley who was main speaker at the inaugural Malawi Investment reception hosted by the Malawi […]
Malawi could receive a surge of invement boost at the African Development Bank’s Africa Investment Forum this week wh which will take place from Wednesday to Friday at the Sandton Convention Centre in South Africa, Minister of Industry, Trade and Tourism Henry Mussa has said. Mussa said the country is being represented by Malawi Investment […]
Malawi Investment and Trade Centre (MITC) Chief Executive Officer, Clement Kumbemba has urged companies in the country to improve on packaging in order to attract more markets. Kumbemba said this during a capacity- building workshop which Malawi Investment and Trade Centre (MITC) organized at Capital Hotel in Lilongwe for producers and exporters across the country. […]