MCCCI laments power outages

Organizers of the 30th Malawi International Trade Fair, the Malawi Confederation of Chambers of Commerce and Industry (MCCCI) have taken a swipe at government for failing to end power outages in the country.

Speaking during the opening of the fair in the commercial city of Blantyre, president of MCCCI, Prince Kapondamgaga, said the country’s failure to bring lasting solutions to the challenge at hand is compromising business progress.

Kapondamgaga said the electricity status has remained the cancer in doing business in the country and prospects of scoring a mileage at both domestic and international market remains a dream beyond reach.

“Much as we commend government efforts to revitalize the energy sector, we think more has to be done to give business players a sigh of relief.”

“Achieving industrialization as a basis for trade competitiveness which is the guiding theme for this year’s fair will depend much on availability of electricity,” he added.

When government made a promise to end electricity blackouts by December 2017, hopes were high that such development would revive the collapsing business sector in the country.

Six months down the line, little has been done to upscale the failing sector a development which has seen off some business players in the country.

This year’s trade fair has brought together 200 domestic exhibitors and 13 international business captains.

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