Friday, March 29
Shadow

Chakwera Urges Private Sector To Spur Development

President Dr Lazarus Chakwera says stabilising the country’s macroeconomic environment is a major task that needs the involvement of the private sector.

Dr Chakwera said this in Lilongwe during the launch of the Malawi Investment Summit.

The summit brought together over 60 participants from the public and private sectors to brainstorm on how the country can overcome the current economic challenges hindering development.

Among others, the summit emphasized Agriculture productivity, commercialisation and industrialisation.

Dr Chakwera said the country has plenty of investment opportunities and that there is a need for the private sector and government to consolidate their efforts to accelerate the country’s economic recovery.

The President cited the establishment of Mega Farms as the beginning of an agricultural revolution in a sector accounting for almost 30 percent of the country’s gross domestic product.

This is the first time Malawi held such a summit and it was organised by the Malawi Government, the Economist Impact Events and other partners.

Related Posts

DPP Blues Rebels Brings Division In

DPP Blues Rebels Brings Division In

The way Charles Mchacha is castigating the Leader of Opposition in Parliament, Hon Kondwani Nankhumwa, is just testimony enough that Read more

Malawi Freedom Network advice President Banda to fight corruption

If you thought Malawians are lazy people, I bet you a Dinosaur, think twice and you will know, check in Read more

Malawi Government Faulted Over Arrests of Coup Suspects

The recent arrest in Malawi of three opposition politicians accused of planning to unseat President Peter Mutharika is dissent from Read more

Allegations of a coup plot sour diplomatic ties

The US embassy has denied involvement in an alleged plot to overthrow the president, Peter Mutharika. Analysis Media reports that Read more

Leave a Reply

Your email address will not be published.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

President Lazarus Chakwera has officially opened the Blantyre International Cancer Centre, The private health facility, has been constructed by the Thomson and Barbara Mpinganjira Foundation