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MCCCI to hold Mzuzu Trade Fair

In the spirit of promoting trade in all the regions of the country, the Malawi Confederation of Chambers of Commerce and Industry will hold the 3rd Mzuzu Trade Fair from 5th to 7th October 2018 at Taifa Carpark Ground in Mzuzu.

The fair will be held under the theme ‘Industrialization: Basis for Trade Competitiveness’.

“The Mzuzu Trade Fair shall accord you the unique opportunity for your business exposure not only in the Northern Region, but also across Malawi, Tanzania in particular.  We expect to have local as well as international exhibitors at the fair,” Said MCCCI

 MCCCI therefore invites businesses to participate in the 3 - day trade fair which will provide an opportunity to showcase products and services, connect and collaborate with entrepreneurs, industry leaders and academicians.

To participate, register by filling and returning an application form available at www.mccci.org. Terms of participation are detailed on the application form.

President Mutharika to develop rural based industrialisation package

President Peter Mutharika opened the 15th National Agriculture Fair with an assurance to develop a rural agro-based industrialisation package. The president said his government will also expedite the opening of an Agricultural bank to improve access to finance by farmers.

Said Mutharika: “We must empower farmers with capital, we must continue to establish credit facilities to support them. That is why we are establishing the Agricultural bank.”

Speaking at the opening ceremony, MCCCI President , Mr Prince Kapondamgaga said government should set out a policy framework that would provide an incentive for organized farmers to invest in the sector and promote agro-processing and value addition. In the picture President Mutharika, flanked by Minister of Agriculture, Irrigation and Water Development and MCCCI President cuts a ribbon.

 

 

Private sector involvement to end smuggling: MCCCI

The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has proposed stiffer penalties to perpetrators of smuggling if the vice is to end.

Director of Business Environment and Advocacy, Madalitso Kazembe, said MCCCI has established that local manufacturing industries are significantly affected by smuggling in the country.

Said Kazembe: “Private sector involvement in the fight against smuggling can be effective as they are the ones that are being affected more. Smuggling can only end if its cost including the cost of being caught is higher than the revenue derived from the sale of the smuggled goods,”

She alleged that, high corruption levels at the ports and border points are factors promoting the malpractice as it lowers the cost of smuggling.

“Putting in place stiff penalties and addressing the issues of corruption at the border points will therefore assist in protecting the local industry from unfair competition they face due to the smuggled products,” She said.

She said that smuggling has proven to be among the biggest challenges in the manufacturing sector in Malawi as it affects production levels for most of the manufacturing companies in the country.

“It is therefore high time the government and the private sector worked hand in hand in addressing the issue as the current mechanisms have failed to yield satisfactory results due to high corruption rates among the government officials,” She said.

Studies by MCCCI have shown that the private sector is willing to financially support and involve itself in tip off anonymous system and other measures put in place to tackle the issue.

 

Call for businesses to submit applications for SADC funding

The SADC Ministerial Task Force on Regional Economic Integration is calling on private sector companies and businesses that have project ideas to submit applications to the Ministry of   Industry, Trade and Tourism for funding before the 10th of September 2018.

 In a letter signed by Secretary for Industry, Trade and Tourism, Ken Ndala, the call follows an approval of the Industralisation Strategy and Roadmap 2015-2063 by SADC Heads of States and Government in 2015 in Zimbabwe to   develop regional value chains.

 “In pursuant to develop regional value chains, the Ministerial Task Force on   Regional Economic Integration at its meeting held in July 2018 in Pretoria, South Africa, urged member states to submit project ideas and recommendations on value chains for the SADC Secretariat to consolidate a     portfolio of these value chains,” Reads the letter in part.

The letter further said that, the strategy document, emphasized participation in national, regional and global value chains due to its critical role in expanding production possibilities and enhancing cross border utilization of both natural and human resources.

 The strategy prioritises agro processing, mineral beneficiation, pharmaceutical, capital goods, consumer goods and services.

The submissions will help the SADC Secretariat to among other things source potential donors for the projects.

For more contact Silas Sindi on: 0888860996, This e-mail address is being protected from spambots. You need JavaScript enabled to view it /sisindi@yahoo.co.uk

 

Private sector opportunity for NORAD funding

The private sector in Malawi is encouraged to apply for an open call for applications for funding from Enterprise Development for Jobs, which is a funding scheme for private sector development, run by the Norwegian Agency for Development Cooperation (Norad).

 In a letter, NORAD said Malawi is one of nine prioritised countries in the project. The following five sectors will be given priority in this round:

  • Energy
  • Agriculture, including agro-processing
  • Fish and marine resources
  • Maritime sector
  • Information and Communications Technology

These are some of the key requirements for the applicants:

  • The applicant must cover at least 50% of the costs for the applied project with own funds.
  • The minimum grant size is NOK 500 000, approx. USD 60 000.
  • The applicant must document access to the necessary and sufficient financial resources to implement and follow up the investment.
  • Applicants without audited accounts for the last three years must otherwise demonstrate access to the required financial resources.
  • As a general rule, the applicant must have an annual turnover of at least NOK 10 million.

 

The full call text is available here: https://grants.mfa.no/#call/1181

 

 

National Agriculture Fair change of Dates

The Malawi Confederation of Chambers of Commerce and Industry would like to advise the general public and exhibitors that the dates of the National Agriculture Fair have changed.

The fair will now be held from 12th to 15th of September 2018 instead of 30th August to 2nd September 2018. The venue and theme remains the same

MCCCI sincerely apologizes for any inconveniences this change may have caused.

US Embassy offering delegation participation to SPI 2018

Foreign Commercial Service of the U.S. Embassy in Dar Es Salaam-Tanzania, a partner of the US Embassy in Malawi is registering interested participants from Malawi to be part of their delegation to Solar Power International Trade Show (SPI) in Anaheim, California.

 The SPI is north America's largest gathering of solar, smart energy, energy storage, and hydrogen fuel cell professionals with a robust line-up of educational content led by renewable energy leaders from across the globe.

 The three-day event will feature over 100 sessions, including dedicated content for energy storage, grid modernization and DERs, along with a variety of sessions focused on policy, finance, and more.

 In an invitation letter to MCCCI, the US Embassy in Malawi said, there are benefits to businesses if they participate as part of a U.S. Embassy delegation.

 “There will be a complimentary exhibit hall visitor pass, giving you access to the exhibit floor, expo sessions, use of the International Business Center, and a U.S. Government-sponsored reception. Discounted conference package for access to additional events. Pre-arranged and facilitated country briefings and meetings with U.S. exhibitors,” Reads the letter in part.

 The 2018 SPI is expected to attract over 650 exhibitors and over 18,000 attendees from more than 100 countries. 

 The SPI offers the opportunity to: ”Network with distributors, installers and contractors, engineering firms, architects, builders and developers, investors and financiers, and more—the full range of industry experts, leaders, and professionals. Meet face to face with top suppliers and manufacturers. Discover new solutions and ideas that you can take back to explore and apply to your business. Check out your competition and spot new trends and innovations. Build your knowledge base in the most extensive conference program in the industry. Stay on top of policy developments that could affect your business—and talk to the policy makers themselves,” Reads the letter

 

 The Embassy further said, participants will be responsible to pay for their own travel and hotel costs.

 See the SPI 2018 web site for more https://www.solarpowerinternational.com

 To register your interest or seek additional information, please contact: This e-mail address is being protected from spambots. You need JavaScript enabled to view it or +265 1 773 166 x 3253.

 

 

 

Egypt to host Intra-African Trade Fair

Egypt will host the first ever Intra-African Trade Fair (IATF) from 11-17 December 2018, which is being convened by the African Export-Import Bank in collaboration with the African Union. In a letter, The Intra-African Trade Initiative has invited Malawi to participate in the inaugural African Trade Fair and to consider submitting a proposal to bid for the IATF Country Day Programme. “The fair which has been themed “Transforming Africa”, is indeed the first of its kind in the continent. It is intended to provide a unique platform for promoting Intra-African trade and facilitating information exchange in support of increased intra-African trade,” Reads the letter The fair which was launched in 2018 at the 10th Extra-Ordinary Summit of the African Union seeks to solidify implementation of the recently signed African Continental Free Trade Area (AFCFTA) The letter further said, the concept of the country days at the IATF is to provide each country a prominence platform to promote its business sectors, trade credentials, best products and services on offer to export markets and opportunities for capital markets. Reads the letter: “The concept is a vehicle that will enable designated countries to have a day where they can enjoy prominence and a special focus to fall on their business representation at the IATF giving these businesses an unencumbered opportunity to seek joint venture partners, launch new products and services, showcase their export readiness and meet potential distributors for their products,” The letter further said the country day program will also provide high visibility branding opportunity and will deliver an opportunity to make an exclusive pitch for direct investments and turnkey project financing. The minimum contribution for participation per country per day is USD 300,000 but countries are allowed to submit joint bids.

Oil seed producers association formed

A newly formed association, Malawi Oil Seeds and producers Association has elected Lake Shore Agro Processers Enterprise (LAPE) and Capital Oil Refineries (CORI) as its Interim Chair and Vice Chair respectively at an elective conference held recently.

Other interim executive members include: Sunseed Oil as Secretary deputized by ETG while Parrogate was elected Treasurer and Dwale Supplies, NASFAM/FUM, Rab Processors and Inkupechi Trading were elected committee members.

 The association which has been formed under the facilitation of the Ministry of Industry, Trade and Tourism is expected to help in driving the industry by being a platform for discussing issues pertaining to the oilseed industry.

The Ministry of Justice will help in ensuring that the Association is legally established by assisting with constitution drafting.The association’s formation follows the SADC and EU launch implementation of Trade Related Facility (TRF) projects in members states.

 The Ministry of Industry, Trade and Tourism is implementing the TRF project with financial support from the European Union (EU) through SADC.

 The main components of TRF are Upgrading and Modernization of the Oilseed Cluster in Malawi.

The SADC Trade Related Facility is an innovative programme to strengthen implementation of existing regional trade agreements at the national level.

Malawi and Tanzania committed to eliminate trade barriers

 

Tanzanian Vice President Samia Suluhu Hassan, said her government has taken up initiatives that will eliminate trade barriers and ease cross border trade between Tanzania and its neighboring countries.

She made the remarks when she officially opened the first ever Malawi-Tanzania Trade Forum held in Mbeya, Tanzania recently.

She said: “Railway availability between Zambia and Dar-Es-Salaam, the dry port that is under construction in Mbeya, the national road network in Tanzania and a cargo ship which will be ready in December 2018 are some of the opportunities available to ease doing business with Tanzania,”

In his remarks, Honorable Henry Mussa said that it is important that both countries are committed to eliminate cross border challenges.

Mussa Said: “We need to deal with challenges and create ease in doing business between the two countries by eliminating trade and investment barriers. Cross-border trade between the two countries should be smooth due to proximity and similar cultural values,”

He said both governments are committed to work together to enhance and strengthen cross-border trade as evidenced in the signing of business deals at the event.

Some of the SMEs that attended the forum said the B2B meetings helped them to identify business opportunities.

Homes Industries of Karonga, African Women in Agribusiness from Lilongwe, Innovative Fish Farmers Network, Yavinde and Perisho Agro & Packaging Enterprise are some of the SMEs that have identified business opportunities in Tanzania.

Delegates from Ministry of Industry, Trade & Tourism, Malawi Embassy to the Republic of Tanzania, MCCCI, Malawi Bureau of Standards, Malawi Chamber of Mining, MRA, Malawi Fisheries and Press Corporation Limited represented Malawi in Government to Government meetings. The next Malawi-Tanzania Forum will be held in malawi in 2019.


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