IBAM optimistic over business registration process

By Mabuchi Chunga

The Indigenous Business Association of Malawi (IBAM) says indigenous businesspersons can have hope that the business registration process will become less complicated in the near future.

IBAM president Mike Mlombwa made the remarks following complaints from various business persons that the business registration process is so difficult.

Mlombwa agreed with this line of thought and said it is a topic that he as well as other business gurus have been discussing.

“Indeed, here in Malawi people have been complaining that it takes time to register a business and it is a long process,” said Mlombwa.

He further said that IBAM and other stakeholders have held talks with the ministry of trade and discussed the matter of which he is confident that the ministry will provide the necessary directive.

“Having spoken with the minister (of trade) the problem of having a long process to register a company or business will be a thing of the past, we understand that that government is looking into the matter and this will be solved soon,” said Mlombwa.

He also expressed the confidence he has in the current government to boost the business environment of the country stating that the trend in which they are operating is the correct path.

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