Mulli Brothers Holdings Secures Multi-Million-Dollar Trade Deal With Zimbabwe’s TD Holdings

img 20251107 153018
img 20251107 153004

By Suleman Chitera

Malawian conglomerate Mulli Brothers Holdings Limited (MBL) has entered into a multi-million-dollar partnership with TD Holdings, a prominent Zimbabwean enterprise. The deal, which becomes effective immediately, is expected to boost bilateral trade between Malawi and Zimbabwe while expanding market opportunities in agriculture and energy.

fb img 1762522171900

The agreement was formally announced in Harare by MBL Chairperson Leston Mulli, who described the partnership as a significant step toward strengthening regional economic cooperation.

“We will be supplying tea, coffee, and other farm produce, and collaborating in the energy sector,” said Mulli.

Under the deal, MBL will export Malawian-grown tea, coffee, and assorted agricultural commodities to Zimbabwe, while both companies explore joint ventures in energy production and distribution. The partnership is set to enhance value chains in both agriculture and renewable energy, sectors that are vital to Malawi’s economic growth.

Representing the Zimbabwean firm was its owner, Dr. Gideon Gono, a notable businessman and former Reserve Bank of Zimbabwe Governor. Gono expressed confidence in the collaboration, stating it will strengthen intra-African trade and promote regional economic development.

What the Deal Means for Malawi and Zimbabwe

Boosts export revenue for Malawi, especially in agriculture

Opens the Zimbabwean market to Malawian products

Encourages joint investment in the energy sector

Strengthens Malawi–Zimbabwe trade relations

The partnership aligns with continental efforts to promote trade under the African Continental Free Trade Area (AfCFTA), encouraging African countries to trade more with each other.

A Growing Regional Business Footprint

Mulli Brothers Holdings, one of Malawi’s longest-standing business groups, operates across multiple sectors including agriculture, transport, and distribution. The new agreement expands its regional presence and enhances Malawi’s profile in Southern African markets.

Conclusion

The MBL–TD Holdings partnership marks a strategic move toward economic cooperation, increased exports, and shared investment opportunities between Malawi and Zimbabwe. As implementation begins, stakeholders expect the deal to boost revenue, strengthen food supply chains, and contribute to regional energy solutions.

Leave a Reply

Your email address will not be published. Required fields are marked *

//otieu.com/4/9370459