Saturday, April 20, 2024

Featured Video

Latest Stories

Top 10 Music

Upcoming Events

Zomba City Festival

Fri, 26 Apr 2024 10:00:00 UTC @ Botanic Garden - 2024 Zomba City Festival is schedulled to take place on 26 to 28 April at Botanic Garden in Zomba This is a festival for all ages in the historic mountain city of Zomba. Celebrate Cultu... More Info
Queens Club Shut Down

Fri, 26 Apr 2024 19:00:00 UTC @ Queens Club - Queens Club Presents "Queens Club Shut Down" with music performances by Kelly Kay, Charisma, Teddy Makadi and Praise Umali. The show will take place at Queens Club in Mzuzu on 26 April... More Info

GROUP WANTS ECONOMIC EMPOWERMENT POLICY IMPLEMENTED

One of the local economic empowerment lobby groups –has expressed concern over government’s unwillingness to adopt the national economic empowerment policy.

The concern from the Economic Empowerment Action Group (EEAG) comes as governments have long been sidelining the policy from priorities.

In an interview,( EEAG’s)  Executive Director Thenson Chinjala   positively suggested  that policy if put to use, will reduce the extreme gap that exist between the richest and the poorest by giving power to the poor.

Chinjala is of the view that Malawians are only actively involved in politics and activism but they lack behind in running their own economy, arguing that the weak policies have allowed more foreigners running strategic businesses.

“Since we registered our organization six years ago, we have continued advocating for government to start implementing positive economic policies that could improve the country’s economic landscape.

“For instance, we say, Malawi needs indigenous oriented policies to regulate the market in order to empower the less privileged locals who are spectators in their owneconomy.” Chinjala said.

According to Chinjala government  of other countries have already implemented such laws and progress in development has been tremendously seen.

He cited South Africa, Zambia and Zimbabwe whose pro indigenous business policies have raised entrepreneurship levels.

Subscribe to our Youtube Channel:

Related Posts

Robert Ngwira
Robert Ngwira
Attended Our Future Private Secondary School in Rumphi from 2006-2009 Holder of Diploma in Journalism from Malawi Institute of Journalism (MIJ) Hobbies, reading newspapers, going out with friends, listening to radio and watching football. Email: info@faceofmalawi.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Popular Articles