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Kalonga Sosola IX Unveils Chewa Holdings Limited to Fund Cultural Activities

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By Suleman Chitera

Kalonga Sosola IX has announced plans to establish Chewa Holdings Limited, a multi-sector investment company aimed at generating sustainable funding for the preservation and promotion of Chewa culture.

Speaking during the announcement, Kalonga Sosola IX said the proposed company will invest in modern farming, banking, fisheries, manufacturing and value addition to create long-term economic opportunities.Asian Man Allegedly Tortured to Death Over 5kg of Gold

He added that Chewa Holdings Limited also plans to establish television and radio stations to promote and preserve Chewa culture and heritage.

To finance the venture, the company has set aside 500 million shares priced at K5,000 each, with a target of raising K2.5 trillion as its initial capital for investment across its planned business sectors.Dipak Jevant Paid for None Supplied Fertiliser

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