Politicization of NEEF worries Chakwera

President Lazarus Chakwera says he is concerned that some members of the Tonse Alliance are conspiring to politicize the National Economic Empowerment Fund (NEEF) by using the loans programme for rewarding party followers.

President Chakwera said the remarks when he officially launched the National Association of Business Women (NABW) Summit at Bingu Convention Center in the capital Lilongwe.

He said the tendency is uncalled for and vowed to ensure that only those with the best business ideas benefit from the program through merit.

“This is unsustainable and toxic, it is not the prosperity I want for the nation this is partisan prosperity and I will not condone that,” said Chakwera.

At that Chakwera has called upon all controlling officers of the macro-financing institution to put measures that will ensure that only those with best business ideas benefit from the program through merit and not political affiliations.

Further to this Chakwera said his administration intends to provide incentives for the creation of business partnerships which will be done through cooperatives.

He has thus challenged women business players to disabuse themselves from the obsession of succeeding alone and adopt working in cooperatives and synergize their efforts in business.

On her part, the Executive Director for the National Association of Business Women (NABW), Barbara Banda, has called for the creation of enabling laws that would benefit women in business.

Former president of Liberia, Ellen Johnson Sirleaf, has called for policies and actions that bring transformative change that will enable girls to grow in an environment of equity, justice and inclusion.

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