Govt commits to supporting entrepreneurs

Government say it will support entrepreneurs and the private sector at large in order to boost the country’s economic development.

The remark was made at the end of a meeting between Vice President Saulos Chilima, the private sector and Small and Medium Enterprises (SMEs) based in the northern region on the ongoing public sector reforms.

Speaking to YFM, Chief Director of Public Sector Reforms in the office of the Vice President Seodi White described the meeting as a success.

Executive Director for Church and Society Moses Mkandawire has described the meeting as important for the future of the country.

In his daily update, Chilima said during the discussions have agreed to work together to turn Mzuzu and the northern region into a serious business hub with massive opportunities in the hospitality industry, aviation, real estate and the mining sector.

He also said the discussions also bordered on issues of taxes and incentives for investment, interest rates spread, promotion of technology and innovation, review of employment laws, promotion of indigenous businesses, infrastructure development among others.

“On tax incentives, I have assured them that the Government of His Excellency Dr. Lazarus Chakwera, President of the Republic of Malawi, is taking a proactive approach on the matter and very soon this will be addressed,” Chilima said.

About Augustine Muwotcha

View all posts by Augustine Muwotcha →

Leave a Reply

Your email address will not be published. Required fields are marked *