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Malawi International Trade Fair 24th May - 3 rd June, 2018.

Trade Fair offers your business a convenient and conducive space to market your products and services and enhance brand and product visibility that will generate leads to drive incremental sales. It offers answers about the win-win networking opportunities for your business from prospective business partners both on the local and international front. If you are introducing a new product, the Trade fair is an amazing opportunity to introduce new products and services and immediately initiate contacts with new local and International customers Gates Open from 8:00am – 05:00 pm each day. Key Dates: 24th May - Official opening day 25th - 26th May - Public days 29th - 31st May - Business seminars 1 st - 3 rd June - Public days.

Malawi International Trade Fair 24 May -3rd June “ Industrialisation: Basis for Trade Competitiveness”

The theme has been considered to reflect the need for the Malawi economy to produce and trade in goods with value addition, a scenario that is possible through Industrialisation. This year’s theme thus focuses on the need to adopt a more export –oriented industrialization as basis for achieving trade competitiveness. It calls for trade and economic policies that speed up the industrialization process to propel exportation of high value processed goods. Industrialisation is therefore fundamental to attain trade competitiveness for the Malawi economy.

Trade Fair: An opportunity to market products

The 30th Malawi International Trade Fair that will be held from May 24 to June 3 will bring together exhibitors from the continents of Africa, Asia, America and Europe. Hence giving exhibitors an opportunity to market their products and services and enhance brand and product visibility to generate leads for increased sales. Deadline for registration is 11 May. Call 01871988/813 01 759 912

AFCFTA new dawn to African economies

The Minister of Trade, Industry and Tourism Honorable Henry Mussa said the creation of the African Union Continental Free Trade Area (AFCFTA) would increase intra-African trade resulting in an increase of African manufacturing exports within Africa and beyond. During a sensitization seminar with the private sector, the Minister said the AFCTA is expected to bring together 55 African countries with a combined population of more than 1.2 billion people. AFCFTA is a free trade arrangement established among African countries to conduct trade among themselves without charging each other customs duties. He said there will be better harmonization and coordination of trade liberalization, facilitation and instruments across regional economic communities and Africa. He said: “A fully implemented AFCTA will create opportunity to establish regional and global value chains and promote industrial development. The AFCTA market will make it easier and cost effective to trade inter-continentally and attract FDI for natural and regional infrastructure projects,” He added that the private sector in Malawi stands to benefit from financial support to be provided by Afrexim Bank through the existing local banks to leverage their potential. He called on the private sector to take the agreement positively by being proactive in seizing opportunities that it will avail. The ministry will intensify sensitization and consultations meetings in building a national position on the issue.undefined

Sensitization seminar for the African Continental Free Trade Area Agreement

The Ministry of Industry, Trade and Tourism will on Friday, 27 April 2018 hold a sensitization seminar with the Private Sector (particularly exporters and manufacturers), civil society and the academia to share information about the African Union Continental Free Trade Area (AfCFTA). The seminar will be held at the Malawi Confederation of Chambers of Commerce and Industry, Chichiri Conference Centre Hall, VIP Lounge from 10:00 Hours. The Minister of Industry, Trade and Tourism will preside over the seminar. Malawi alongside other 43 countries signed the agreement establishing the African Union Continental Free Trade Area in 2018 in Kigali Rwanda The Free Trade Area will see the creation of a Pan African Market that would increase intra-African trade resulting in an increase of African manufacturing exports.

Trade Fair business to business linkages

MCCCI will provide linkages for businesses through business matchmaking meetings in order to promote networking with international and local businesses during this year's Trade Fair...# 24th May to 3rd June. Register now!!!

Want your business to benefit from this year’s Trade Fair? Register it

The Malawi Confederation of Chambers of Commerce and Industry will this year hold its 30th Malawi International Trade Fair from 24th May-3rd June 2018 at the Chichiri Trade Fair Grounds in Blantyre. The annual event will be held under the theme “Industrialisation: Basis for trade competitiveness”. The exhibition is an opportunity for companies and entrepreneurs to network with local and international customers as well as potential business partners. To promote networking, MCCCI has organized business to business meetings during the business days of the fair which are 29th -31st May. Trade Fairs offers an opportunity for business to introduce new products and services. Deadline for registering businesses to participate is 11 May 2018 For inquiries call: 01 871 988/813

MCCCI elects new council members

MCCCI elects new council members Malawi Confederation of Chambers of Commerce and Industry MCCCI has elected Prince Kapondamgaga, who is Chief Executive Officer for Farmers Union of Malawi as the confederation’s new president and James Amos Chimwaza of Business Computers Services Limited as its vice at an Annual General meeting held in Blantyre on Wednesday. The AGM also elected Maria Kritzas, Ahmed Sunka and Walter Nyamilandu as Southern Region councillors. Andrew Chinguwo, Alick Henderson Sikelo and Michael Noel Hodgkiss were elected councillors for the Central Region while Wickly Mhango, Bernard Kalua and Gurtej Singh Nain were elected Northern Region councillors. The new Trustees for the next four years are: W. T Chirwa, Don Whayo, Felix Mlusu, Arnold Shaba and Mathews Chikankheni. Delivering his acceptance speech, the new president said his first task is to ensure implementation of MCCCI’s strategic focus which aims at enhancing business facilitation and service delivery to members and building competiveness of members. He said during his tenure he will ensure refurbishment of the trade fair grounds at Chichiri in Blantyre and constructing new ones in Lilongwe and Mzuzu. He said MCCCI will push for the private sector participation in the energy sector to improve the business environment in Malawi which is currently characterized by perennial blackouts, with no end in sight. He further said, small and medium sized enterprises (SMEs) will be given special focus. He said: “We would like to ensure that the Confederation is involved in developing the future corporates of this economy. Thus linkages between small and large businesses, to ensure guaranteed markets for the SME’s”.

2017 Global Competitiveness Report Brief

theglobalcompetitivenessreport20172018-coverThe Global Competitiveness report released by the World Economic Forum released on 26th September 2017 shows that Malawi ranks 132 out of 137 countries. This means that Malawi is the 6th least competitive country in the world. 

 

The report examines the Global Competitiveness Index (GCI) which measures the competitiveness of all countries in the world in terms of their institutions, policies and other factors which determine the level of productivity of each economy. 137 countries were assessed in 2017.

 

 

The report obtains input from business executives from all over the world through an annual survey, the Executive Opinion Survey, and is produced to provide an overview of the competitive performance of economies in the world. The GCI evaluates 114 indicators grouped into 12 pillars: institutions, infrastructure, macroeconomic environment, health and primary education, higher education and training, goods market efficiency, labour market efficiency, financial market development, technological readiness, market size, business sophistication and innovation. Malawi Confederation of Chambers of Commerce and Industries administers this survey in Malawi on behalf of World Economic Forum. 

 

 

According to the report, Malawi performed badly in infrastructure development, macroeconomic environment and basic requirements which ranked 137/137, 136/137 and 134/137, respectively.

 

 

The reports points out corruption, access to finance and tax rates in that order as major obstacles to doing business in Malawi. 

 

Non-Compliance of Methly Bromide Fumigation for Agri-Commodities

IPGIndia Pulses and Grains Association (IPGA) arranged a meeting of Shri. Ashwani Kumar, Joint Secretary – Plant protection with Trade Commissioners, Counsellors and Agriculture Counsellors in New Delhi on January 30th, 2017. The meeting was commissioned in response to the Plant Quarantine (PQ) Department announcement that they will not extend any relaxation to non-compliance of Methyl Bromide (MBR) fumigation for agri-commodities with effect from April 1st, 2017. Meaning to say that any consignment/cargo arriving without MBR fumigation from load port will be rejected by the PQ Department.

The objective of this meeting was to get the PQ Team and all Trade commissioners and Agriculture Counsellors of exporting countries on a single platform and provide them with guidance from the PQ Team on the way forward to ensure that there are no rejections from April 1st. The Meeting however, comprised of the PQ Team and about 6 other PQ Department official and scientific officers. Trade Commissioners, Counsellors and Agriculture Counsellors from 20 countries were also present.

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