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Chinese Investors impressed with Malawi
Friday, 24 June 2016 07:09
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Salima GBI Projects Impress Chinese Investors


By Kondwani Magombo
The visiting Chinese investors have described the imposing sugar factory and fruit production venture, Malawi Mangoes, in Salima, as evidence of the country's potential for investment.


Director General of Agriculture for the Province of Anhui, China, Zhou Shiqi, made the remarks on Wednesday in Salima after the delegation toured the two projects to appreciate the viability of agro-based investment under irrigation.


Zhou said with what his delegation had seen in Salima, investors from his province in China would highly be interested to invest in the country's agri-business.


"We are very impressed with the abundant opportunities the country has in various sectors including irrigation and with our technical expertise, human resources and equipment, we can turn around the country's economy through investing in such areas," explained Zhou.


He said the Anhui Province is endowed with agricultural investors who would be more than interested to come to Malawi for investment in the sector.


Commenting on the tour, Malawi Investment and Trade Centre (MITC) Director of Investment Promotion and Facilitation, Joshua Nthakomwa, hailed the tour saying it had been worthwhile and that it would soon yield results.


He disclosed that the Chinese investors had also shown interest in the education sector especially the development of technical colleges.
"We are very optimistic that with the impression they are taking back home to Anhui Province, the investors will sit down and strategize on way forward," explained Mthakomwa.


The tour came after President Prof. Peter Mutharika, launched the Malawi-China Investment Forum in Lilongwe on Tuesday where over 300 business captains from Malawi and China's Anhui Province met to discuss business deals.


Other than touring the Salima Sugar Factory and the banana/mangoes plantations and the water source, the delegation also toured Malawi Mangoes Fruit Processing plant in Salima before retiring to Senga-bay for lunch.

 
Trade Vacancies
Wednesday, 01 April 2015 07:04
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The Malawi Investment and Trade Centre (MITC) is a Statutory Corporation established by the Investment and Export Promotion Act of 2012. It is mandated to attract, promote, encourage and facilitate investment in all sectors of our economy and to find export markets for goods and services manufactured in Malawi. It is there to fast track, ease and minimize cost of doing business in Malawi for both new and existing companies by offering efficient and reliable one stop services to the business community.

An excellent and rare opportunity has arisen to engage qualified, highly motivated and well experienced persons to fill the following vacant positions at MITC. All positions are tenable at MITC’s Head Office in Lilongwe.

A.TRADE PROMOTION OFFICER

The incumbent will be reporting to the Trade Promotion Manager.

DUTIES AND RESPONSIBILITIES

  1. Providing written response to inquiries or requests for information/assistance received from exporters and importers.
  1. Following-up trade inquiries to determine specific interests and requirements.
  1. Registering trade leads, following-up activities and reporting regularly for appropriate intervention.
  1. Organizing and delivering presentations at local and international trade promotion workshops, seminars, and conferences.
  1. Planning, scheduling, and implementing active marketing activities such as direct mail and telemarketing campaigns geared at attracting new export markets.
  1. Meeting with and providing information, counselling, and support to local and foreign buyers interested in exploring new business opportunities in Malawi.
  1. Assisting prospective buyers in arranging site visits and in obtaining necessary Government approvals, permits, and licenses.
  1. Receiving inquiries from potential exporters with products looking for markets.
  1. Advising prospective exporters on export process and sector specifics.
  1. Reporting monthly on the status of assigned trade leads.

QUALIFICATIONS

The incumbent should have;

  1. A minimum of a Bachelors degree in Business related fields or comparable Bachelors degree from a recognised University preceded by a Full MSCE or A Level.
  2. A minimum of three (3) years experience in marketing, sales, or public relations.
  3. Results oriented
  4. Mature with good Interpersonal skills
  5. Proficiency in Microsoft Word, Excel and internet usage
  6. Proficient in English; both and oral and written. Those candidates with knowledge of other foreign languages particularly Portuguese and French will have an added advantage.                                                                                                                                                                      

B.TRADEDEVELOPMENT AND FACILITATION OFFICER

The incumbent will be reporting to the Trade Development and Facilitation Manager.

DUTIES AND RESPONSIBILITIES

 

  1. Providing written response to inquiries or requests for information/assistance from exporters and importers.
  1. Assessing products for export potential in areas such as quality, price and competitiveness, capacity to supply and work with potential exporters to overcome the constraints.
  1. Advising prospective exporters on export processes required and sector specific issues to be adhered to.
  1. Identifying exporter training requirements to improve export products and develop and conduct extension programmes and training courses to address the training gaps.
  2. Facilitating contact between potential exporters and financial institutions where necessary.
  1. Conducting after-care services to exporters and buyers to ensure that challenges to exporting are identified and addressed.
  1. Identifying products and services with export potential and work with potential exporters to develop products to exportable level.
  1. Meeting with and providing information, counselling, and support to local and foreign buyers interested in exploring new business opportunities in Malawi.
  1. Assisting prospective buyers in arranging site visits and in obtaining necessary Government approvals, permits, and licenses.
  1. Linking producers and exporters with standardisation and regulatory bodies both locally and internationally.
  1. Reporting monthly on the status of assigned trade development and facilitation service.

QUALIFICATIONS

  1. A minimum of a Bachelors degree in Business related fields or comparable Bachelors degree from a recognised University preceded by a Full MSCE or A Level.
  2. A minimum of three (3) years experience in marketing, sales, or public relations.
  3. Results oriented
  4. Mature with good Interpersonal skills
  5. Proficiency in Microsoft Word, Excel
  6. Proficient in English; both and oral and written. Those candidates with knowledge of other foreign languages particularly Portuguese and French will have an added advantage.

Interested applicants for the above vacancies should forward their applications by Friday, 10th April, 2015, enclosing copies of certificates and up-to-date Curriculum Vitae with names of three (3) traceable referees to:

The Chief Executive Officer,

Malawi Investment and Trade Centre (MITC),

East Wing Aquarius House,

Private Bag 302,

LILONGWE 3

MALAWI

Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

MITC prides itself in being an equal opportunity employer and encourages applications from all qualifying candidates. Only shortlisted candidates will be contacted. Emailed applications should indicate the position applied for in the subject line.

 

 
Malawi-China Investment Forum
Monday, 13 June 2016 11:22
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The Governments of the Republic of Malawi and People's Republic of China have organized the Malawi-China Investment Forum. The forum will host a delegation of over 100 Chinese investors from China's Anhui Province mostly in agriculture and agro-processing, industry/manufacturing and education sectors.


Speaking to members of the press in Lilongwe on Wednesday, Malawi Investment and Trade Centre (MITC) Chief Executive Officer, Mr Clement Kumbemba said the forum presents a unique opportunity for Malawi to sell its investment opportunities to Chinese Investors.


'We are seeking the possibility of transformational Chinese investment in Malawi through this forum. We want to empower Malawian entrepreneurs through possible ventures with Chinese counterparts while intensifying the government and business relations between the two countries', said Kumbemba.


Malawi and China enjoy an increasingly cordial business and working relationship. According to the International Trade Centre, Malawi exported goods and services worth US$55,874,000 to China in 2015, which represents 5.2% of Malawi's exports. In the same year, Malawi imported goods and services worth US$303,819,000 from China.

Although the trade gap may seem to be wide, China has been making deliberate moves to reduce this gap through such approaches as:

1. Empowering Malawians through various training programs in China so that they are able to develop appropriate concepts and strategies that would propel Malawi's growth
2. Encouraging Chinese companies to come and invest in Malawi in order to achieve import substitution and export-oriented-ness
3. Supporting Malawi develop her productive infrastructure necessary for growth.

The Malawi-China Business forum will be held on the 21st June, 2016 in Lilongwe at Golden Peacock Hotel. It is expected that the State President His Excellency Professor Arthur Peter Mutharika will officially open the forum.

 
Vacancy: Trade Promotion and Linkages Expert (TPLE)
Wednesday, 01 April 2015 06:17
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The Malawi Investment and Trade Centre (MITC) is a Statutory Corporation established by the Investment and Export Promotion Act of 2012. It is mandated to attract, promote, encourage and facilitate investment in all sectors of our economy and to promote and facilitate exports of goods and services produced in Malawi. MITC plays an active role in fast tracking and improving the ease and reducing the cost of doing business in Malawi for both new and existing companies by offering efficient and reliable one stop services to the business community through its One Stop Service Centre.

With funding from the European Union through the Enhanced Integrated Framework (EIF) Programme under the United Nations Office for Project Services (UNOPS), MITC is implementing the Malawi Agro-Processing and Value Addition Project where it shall be promoting the country’s products in the regional markets of SADC, EAC and COMESA along the Nacara Corridor.

Among others, the project supports the agro-processing sub-cluster within the Malawi National Export Strategy by supporting 3 elements of the Manufacturing Strategy: developing a roadmap and feasibility study for an Agro-Processing Special Economic Zone; supporting the establishment of a presence in the aforementioned regional markets to promote Malawian agro-processing exports ; and supporting agro production through anchor farm models with the aim of linking smallholder farmers to agro-processors.

As part of establishing a regional presence, MITC hereby seeks to engage the services of a Trade Promotion and Linkages Expert (TPLE) for a period of three years. The TPLE will be based at an MITC office to be established within the region and shall be responsible to the Director of Trade Promotion and Facilitation for the following functions:

  1. Develop and implement a regional market penetration plan particularly for Malawi’s agro-processed products as emphasised in the NES and other goods and services.
    1. Ensure that all supermarkets, major traders, catering companies and other potential companies in target countries and regions are fully aware of Malawian agro-processing products, their prices and quality, and have contact details for producing companies.
    2. Train and mentor MITC officers on Trade Promotion and Facilitation issues in emerging and growing regional markets such as trading and logistical arrangements, including the development of supplier networks and relationships (through annual in-house traders’ seminars, trader listings and business to business sessions), financing relationships, terms of contracts, logistical settlements etc.
    3. Ensure proper representation of Malawian agro-processed products at key trade events and promotion activities.
    4. Provide feedback to relevant stakeholders and institutions through MITC Head Office in Lilongwe on quality issues, branding issues, marketing issues, standards requirements, logistical issues, border crossing issues, tax issues and other key bottlenecks to Malawi’s capacity to export agro-processed products to the region.
    5. Maintain a cohesive and supportive relationship with key government agencies in the target markets within the region.
    6. Provide fieldwork data input to support MITC to maintain an up to date and relevant database of potential customers for all NES priority products, and other key support sectors such as tourism, mining and services.
    7. Provide MITC Head Office and Ministry of Industry and Trade will regular reports on the economic and trade landscape in the target countries with a particular focus on demand for agro-processed products and for agro-processing raw materials in each target market. This reporting should include regular price comparisons between Malawian products and counterpart competitor products from other countries at factory gate, wholesale and retail price levels where possible.
    8. Develop and deliver a communication strategy targeting the private sector and specific government departments and ministries on progress being made and deals secured, including the benefits of those deals.

Qualifications

  1. The TPLE shall have more than 10 years work experience at a senior technical level and those with international experience within the field of trade and export promotion shall have an added advantage.
  2. A Masters degree in Marketing, agri-business or related fields from a recognised University which is preceded by a relevant Bachelors degree. Those with PhD have a distinct advantage.
  3. Fluency in English both oral and written. Knowledge of other business languages preferably Portuguese is preferred
  4. Excellent interpersonal skills
  5. Very good in coaching and skills transfer
  6. Organised, focussed and a highly results oriented.

Interested applicants for the above vacancies should forward their applications by Friday, 24th April, 2015, enclosing copies of certificates and up-to-date Curriculum Vitae with names of three (3) traceable referees to:

The Chief Executive Officer,

Malawi Investment and Trade Centre (MITC),

East Wing Aquarius House,

Private Bag 302,

LILONGWE 3

MALAWI

Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
 
FINANCIERS FORUM
Wednesday, 20 April 2016 12:24
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Malawi gears for Second Investment Forum with major financing summit

Malawi has started preparations for the second ever Malawi Investment Forum (MIF) scheduled for later this year with a mini forum for major investment financiers slated for Blantyre on 10th May 2016, the Malawi Trade and Investment Centre (MITC) announced on Wednesday.

MITC Chief Executive Officer Clement Kumbemba said at a media briefing in Lilongwe the financiers' forum will bring regional and international financiers to a roundtable with local private sector and entrepreneurs.

"The objective is to bring the financiers to our doorsteps to interact with our private sector companies and entrepreneurs that have bankable proposals and discuss with financiers on project finance support and equity participation, among other possible models," Kumbemba added.

Among the international financiers attending the Blantyre forum include the PTA Bank, Overseas Private Investment Corporation and African Development Bank, Afrexim Bank, African Development Bank and Industrial Development Corporation of South Africa.

Meanwhile MITC has confirmed preparations are already underway for the main investors' forum slated for October with invitations to speakers and participating companies being sent.

MITC says it expects this year's forum to be more improved following lessons drawn from maiden forum, citing for example, the decision that this year only fifteen bankable projects will be promoted during the forum to ensure tangible progress.
"We want Malawi to be an attractive and preferred destination on the global investment map," said Kumbemba.

However, Kumbemba said the first forum continues to bear fruits citing scores of investors who have followed up on interests expressed during the 2015 forum with subsequent visits to sign MOUs, embark on construction of physical infrastructure or sign contracts.

He cited, among others, over 27 deals Malawi government has signed MOUs in the energy sector including with independent power producers, the start of construction of a five-star hotel near Mchinji roundabout in Lilongwe, a new fertilizer manufacturing plant under construction in Lilongwe, a company interested in turning the Zambezi and shire river into navigable waters for the Shire Zambezi waterway project, among others.

The MIF, which Malawi last year trumpeted as a push to put the country on the radar for global business and investment, will this year be held in October on 10th and 11th October.

 
REGISTRATION FOR EXPORT CERTIFICATE
Monday, 08 September 2014 12:35
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Malawi Investment and Trade Centre (MITC) with its legal mandate to promote and facilitate Trade (Exports) in Malawi is reminding the Business Community particularly those that wish to export any products during the current government financial year 1st July 2014 to 30th June 2015 that they need to register for the Export Certificate now. 

The Export Certificate provides a number of Export Incentives which help reduce the cost of exporting. It is only when Exporters register with MITC that they can access and benefit from the Export Incentives that come with the Export Certificate.

Export Incentives you shall access when you register with MITC are as follows;


1.    22 per cent tax allowance on net export profit  excluding un manufactured  tobacco, tea, cane sugar and coffee;

2.    Drawback of duty paid on imported raw materials including packaging materials for export production

3.    Technical assistance in such activities as promoting marketing of export products

4.    Transport tax allowance in the amount of 25 per cent international transport costs on CIF basis

5.    No duties on imports of capital equipment used mainly in the manufacturer of exports.

6.    No excise taxes and surtax on purchase of raw materials and packaging materials made in the country for exports.

Please contact Tawina Mbalu on 0888 868 493/ 01 770800.

Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it


MITC

Your One Stop Service Centre



 
Buy Malawi
Monday, 21 March 2016 07:08
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Malawi launches Buy Malawi Strategy

The Government of Malawi has launched a Buy Malawi Strategy (BMS) aimed at encouraging consumption of locally produced goods and services.

Launching the strategy on Friday, President Professor Arthur Peter Mutharika said it is high time Malawians play a role in spurring investment and local manufacturing

 “We are importing too much because we are not patriotic enough to promote our own industries and services. Under Buy Malawi Strategy, we are talking about investment. We are talking of change of business strategies,” pointed out President Mutharika.

The President also encouraged local businesses and the private sector to be innovative for them to compete favorably on the market.

“I would therefore like to challenge the private sector to be innovative, to diversify their portfolios, and become aggressive in producing value added products, for both the domestic, and foreign markets. We must produce; and promote what we produce,’’ added Mutharika.

The Buy Malawi Strategy is being driven by Ministry of Industry and Trade.  

 
BUSINESS PARTNERS FROM FINLAND
Tuesday, 03 December 2013 07:18
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Would you like to do business with Finnish companies? Joint ventures, subcontracting, licensing, exporting, development, etc. Finland is strong for example in ICT, automation, forestry, pulp- and paper industry, clean technologies and education and health sector. You have a chance to sign in for free Matchmaking program and suggest what kind of business you would like to do.


Fill in the application (link) properly and provide all the attachments (including your financial info, with confidentiality). Your company and proposal will get into a database, where Finnish companies can find you. For good applications including relevant proposals we assign a consultant to find business partners from Finland, also free of charge for the applicant. So, take the time with the application and make it well! We look forward to receiving it!


http://www.finnpartnership.fi/www/en/matchmaking/register/index.php

More information:

www.finnpartnership.fi

This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

 

 

 
MITC LAUNCHES TRADE PORTAL
Thursday, 19 November 2015 08:37
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MITC  LAUNCHES TRADE INFORMATION PORTAL

The Malawi Investment Trade Centre and the National Statistics Office (NSO) yesterday (Tuesday) launched web-based information hubs NSO-run Trade Map and MITC-run Trade Information Portal hailed to improve trade intelligence for potential investors and traders.


Speaking during the double launch in Lilongwe, MITC Chief Executive Officer Clement Kumbemba said information on the hub and map was crucial for diversification of the economy by ensuring both foreign investors and local producers have access to vital trade information.


Kumbemba said the trade portal will also help policy makers to ensure policies that can improve trade prospects for the country. "This will enable policy-makers to make better informed trade related decisions. Malawi has been encountering challenges in collecting, packaging and disseminating trade information. This will improve accessibility and relevance of the information services by MITC," said Kumbemba.


Kumbemba said that MITC has dedicated a team to be regularly upgrading the Portal and also respond to queries raised by investors and traders seeking feedback.
The European Union with technical support from International Trade Centre (ITC) has been facilitating the development of the two web-based centres as part of the improved trade Statistics and Information System programme.


EU Head of Delegation Marchel Germann said Malawi's attempt to diversify the economy needs to be supported with initiatives such as the establishment of the information systems.


"This is an excellent time to reflect on the importance of trade data and intelligence but also on the need for reliable and robust trade data and information. The data will enable the major stakeholders who determine Malawi's economic activity to enhance the nation's export diversification and development efforts," said Germann.


He explained that 12 million Euros was invested in the two programmes specifically to improve growth and promote diversification of the economic base.
He said the EU is also supporting development of governance structures in the mining sector and improved sector investment in mining.


Germamn further urged the country to urgently diversify the economy; warning that continued over-reliance on tobacco, whose sales currently face a global anti-smoking lobby, puts the country's economic future at great risk.

 
Calling for investment partners
Friday, 25 October 2013 15:09
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Leading Edge Design Group a leading provider of energy optimization services based in the US with offices in Johannesburg South Africa is visiting Malawi this November to seek partnerships with interested Malawian Business persons to invest in the energy sector. Leading Edge Design Group works with facilities, engineering, and information technology leaders across many industries including higher education, healthcare, manufacturing, pharmaceutical, retail, high tech, and government. Founded in 2007 with the goal of pursuing, promoting, and providing the finest energy optimization solutions available, Leading Design Group helps customers minimize the environmental impact of their businesses while improving operational reliability and reducing costs.

 

Particularly, LED Group is looking for a local partner who can promote, market and be the agent of Nashua Office Automation business products and services.

 

All interested persons should contact Malawi Investment and Trade Centre (MITC) by emailing Mr. Noel Lihiku at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .