MITC optimistic on exports through SMEs

Written by  Litness Chaima

The Malawi Investment Trade Centre—MITC says it is committed to enhancing the capacity, efficiency, and productivity of small and medium enterprises—SMESs in the country.

22
November


MITC Chief Executive Officer Clement Kumbemba was speaking during a training workshop for small and medium enterprises in Blantyre.


Kumbemba said MITC wishes to see a growing SME sector that can effectively contribute to the development of the country’s economy.


The capacity building workshop is one of the initiatives under the Malawi-Nacala Rail and Road Value Addition Project.  


“Through the same project, we would like to see export volumes doubling or tripling. As implementers of the project, we are also doing capacity building for our staff so that they can adopt additional SME’s at the completion of the project,” explained Kumbemba.


Kumbemba added that the project has enhanced skills in the SME’s and there are now able to export various products to countries like South Africa where they link them to markets through the utilization of Nacala Railway.


Lead Consultant for the project Dick Maganga said the project will help SMEs to access finance and link them with smallholder farmers to enhance quality of supplies and equip them with the best business management practices.


“Nacala corridor project is very important to Malawi. Being a nation that relies so much on agriculture, SMEs are at the forefront on developing the economy. We are supporting the SMEs by doing all the major things like value addition and exportation,” explained Maganga.

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Malawi Broadcasting Corporation is a public broadcaster mandated and formed by Government under an Act of Parliament in 1964, to enhance the successful implementation of all its social and economic programs...

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