Mutharika: Investors have confidence in Malawi’s buoyant economy

Written by  Mwai Mtumodzi

President Professor  Arthur Peter Mutharika on Sunday said investors had confidence in the country’s growing economy and want to invest in various sector of the economy.

Mutharika inspects a guard of honour on arrival at KIA. Mutharika inspects a guard of honour on arrival at KIA.
26
January

Speaking on arrival in Lilongwe on his return from the UK where he attended the UK-Africa investment summit, the Malawi leader told journalists that a lot of investors at the summit have expressed interest to invest in Malawi in the fields of energy, agriculture and pharmaceuticals among others.


“A lot of people have confidence in our economy and they want to invest in Malawi. Our inflation is good and our economy is projected to grow by 5 percent which is way higher than any other economy in southern Africa,” Mutharika said, on the tarmac of KIA soon after inspecting a guard of honour mounted by the Second battalion of the Malawi Defence Forces.


He said investors are only wooried about the security of their investment, but he assured them the current political impasse in the country was only temporary.

 

“Malawi is going to be peaceful. Malawian is a peaceful country and the current political impasse is temporary situation,” Mutharika said, appealing to Malawians to stop acts of violence.

 

‘Let us not destroy this country anymore. Enough is enough,” he said, in apparent reference to destructive demos organized by opposition and rights activists which led to massive looting, destruction of private and public property.


He called for unity among all Malawians, saying soon problems will end. “Let us be united. We are one family. God loves this country.

 

“We are all Malawians, all God’s children and one family.”

 

He said: “Let’s all unite to build this country. I want in the next five years Malawi to be a different country,” he said.

 

APM IS ONLY DPP LEADER, 2023 CONVENTION WILL ELECT CANDIDATE


Addressing supporters who thronged the airport, Mutharika said: “APM is the only DPP leader,” urging political leaders of his governing party to be united.

 

The President, popularly known as APM after  his initials, chided his party not to form different camps, adding that the next presidential candidate will be chosen in 2023 at the party's convention for the next elections slated in 2024.

 

'I know there is interest for positions in the party but this should not divide the party. DPP will have a convention in 2023 but in the meantime I am the party' s President,” he said.

 

Vice President Everton Chimulirenji and ministers were some of the prominent personalities who welcomed the President, who was accompnaied to the UK by the First Lady.

 

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