Issue 1
Special address By Her Excellency Mrs. Joyce Banda, President of The Republic of Malawi at The European Development Days Event Brussels - October, 2012
Editor: Dr. Brave Ndisale, Malawi Embassy, Brussels Contributors: Mr. Joseph Chiteyeye, Malawi Embassy, Brussels Ms Gladys Chimpokosera, Malawi Embassy, Brussels Ms Elsie Munthali-Mwachande, Malawi Embassy, Brussels Ms Grace Banda, Malawi Embassy ,Brussels Mr. Bertrand Khanyizira, MoFA, Lilongwe Malawi National Commission for UNESCO, Lilongwe ŠPhotographs and illustrations: European Union, Brussels Ideology, Brussels Malawi Embassy, Brussels Malawi News Agency (MANA), Lilongwe Layout : Idealogy, Brussels Malawi Embassy, Brussels Artwork and printing: , Africa Business Services, Brussels m@idealogy.be December 2012
Foreword Dear readers It is well known that Malawi is a country with many beautiful attributes and undisputedly the Warm Heart of Africa. Furthermore, Malawi is endowed with natural resources, a hardworking population, a happy, peace-loving people and a leadership that is poised to serve and steer the country to prosperity. The title of the publication in your hands is built on these characteristics that define Malawi and its people. On behalf of the Embassy Staff in Brussels and my own behalf, let me welcome you to our first edition of Malawi: an African Star. Dr. Brave Ndisale, Ambassador
In this edition, we showcase the historical visit of our first female President, Her Excellency Mrs. Joyce Banda, to Brussels in October 2012 during the European Development Days (EDD) Event. This was the first visit to the European Union as Head of State after taking office in April 2012. President Banda was one of the few Heads of State invited to the event by the President of European Commission, His Excellency José Manuel Barroso. Her participation at the EDD and subsequent bilateral engagements with the European Union dignitaries and other cooperating partners, underscored the determination and resolve of President Banda’s administration to turn around Malawi’s socio-economic challenges towards an inclusive prosperous nation. Her pursuit to garner adequate support for Malawi’s development agenda from cooperating partners such as the European Union was effectively demonstrated during her visit. The edition also outlines the vision and some features of the Economic Recovery Plan that the Government has embarked upon, anchored on private sector-led growth. In this regard, the edition has included attractive and potential areas of investments in key priority areas of Malawi’s development agenda. The edition would be incomplete without giving you a touch of Malawi’s cultural heritage. Our main feature is Gule Wamkulu, which is credited as a UNESCO Masterpiece of the Oral and Intangible Heritage of Humanity. The Embassy is indebted to EDD coordinating team, the European External Action Service (EEAS)-Malawi Desk team and the Belgian Government officials who worked and collaborated with us tirelessly to make the visit of Her Excellency Mrs. Joyce Banda to Brussels successful and memorable. We are also grateful to our Ministry of Foreign Affairs and International Cooperation for the invaluable insights and guidance rendered. Takulandilani.
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Malawi Government attaches greater importance to its partnership with the European Union
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Message FROM THE MINISTER OF FOREIGN
AFFAIRS AND INTERNATIONAL COOPERATION without peace and stability, rule of law and economic governance.
Hon. Ephraim Mganda Chiume, M.P. I would like to welcome you all to this publication that is meant to showcase Malawi’s development agenda and the importance of our development cooperation with the European Union. At the onset, I wish to firmly underline that the Malawi Government attaches greater importance to its partnership with the European Union. The avenue to consolidate this partnership is through regular contact and dialogue to ensure that the existing development cooperation serves the best interests of both parties. The working visit of Her Excellency, Mrs. Joyce Banda, President of the Republic of Malawi to Brussels, in October, 2012, for the European Development Days event, provided her with an opportunity to interact with a number of European Union dignitaries, including the President of the European Commission, European Union Commissioners for Development and Trade, the European Union High Representative for Foreign Affairs and Security Policy, as well as the Vice President of the European Investment Bank. You may wish to note that Malawi is credited for prolonged stable internal peace and security; enduring good friendliness with all her neighbouring countries; and adhering to democratic principles and respect for rule of law, human rights and good governance. This was vindicated by the smooth and peaceful transition of reins of power to Her Excellency, Mrs. Joyce Banda following the unfortunate and untimely demise of our former President, His Excellency, Professor Bingu wa Mutharika in April, 2012. As a matter of fact, there can be no sustainable economic growth and development
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In this regard, the working visit of Her Excellency, Mrs. Joyce Banda to Brussels has laid down solid foundations for a formidable and mutually beneficial partnership with the European Union. The development cooperation with our partners does not substitute but complements Malawi’s home grown national development programmes. In the current situation, the Government of Malawi has put in place an Economic Recovery Plan (ERP) to address the short and medium to long term economic challenges that the country is facing. The plan focuses on five priority sectors namely: agriculture, energy, tourism, mining and transport infrastructure. The plan seeks to achieve a private sector led growth that will translate into poverty eradication and prosperity. In this regard, the Government of Malawi is calling for a stronger partnership with the European Union as well as looking for private investment in the implementation of the Plan. As a landlocked and agricultural-based economy, Malawi development efforts will continue to revolve around transport infrastructure development and regional connectivity. Trade, trade-related assistance and investment are key pillars that can drive the Malawi economy on a sustainable path to economic growth and development. I would, therefore, like to take this opportunity to emphasise that Malawi value its partnership with the European Union and other cooperating partners. It is through cooperation that Malawi can maximise on its major tenets of policy shift to development cooperation, trade, tourism and investment. Malawi will strive to derive maximum benefits from its cooperation with the European Union and other partners in order to realise the overarching objective of poverty eradication through sustainable economic growth and development.
Malawi in brief Location Malawi is one of the friendliest countries in Africa. It is located in South-East Africa and is bordered by Tanzania to the north, Zambia to the west, and Mozambique to the east and the south. Lake Malawi, the third largest lake in Africa and one of the deepest in the world, accounts for almost one-fifth of the country’s area. The huge freshwater and stunning lake is lined with excellent beaches and filled with colorful fish as well as occasional hippos and crocodiles. The terrain of Malawi is breath taking, comprising of plateaus, plains, hills and mountains. These include the Nyika and Viphya Plateaus and Misuku Hills to the north, and the Dedza and Kirk Range Mountains in the central region. In the south, the terrain is equally varied with escarpments, highlands and mountains and low mashy lands along the Shire River, Lake Malawi’s outlet in the south. The Mulanje Mountain, home to the rare Mulanje Cedar, is the highest mountain in Central Africa, with the highest point, Sapitwa Peak, rising to 3,050 metres above sea level. Area: 118,484 square km Capital City: Lilongwe Commercial City: Blantyre
Demographic Factors Population(2011): 15.3 million Population Density (2010): 139 per square km Population growth (2011): 2.8%
Economic Indicators Real GDP growth (2011): 4.6% GDP per Capita (2011): $419 Corporate tax rate: 30% Average Annual Inflation Rate (2011): 7.6% Interest rate (July, 2012): 21%
GDP Composition Agriculture (2011): 28.3% Construction (2011): 3.0% Manufacturing (2011): 10.3% Financial and Professional Services (2011): 5.1% Transport and Storage (2011): 3.8% Information and Communication (2011): 4.3% Mining and Quarrying (2011): 2.1% Natural Resources: Limestone, uranium, coal, bauxite, phosphates, graphite, granite, black granite, aquamarine, tourmaline, rubies, sapphires, rare earths Agriculture products: Tobacco, sugarcane, cotton, tea, corn, potatoes, cassava, sorghum, pulses; groundnuts, Macadamia nuts; cattle, goats Major Industries: Tobacco, tea, sugar, mining, sawmill products, cement, consumer goods Climate: Predominately sub-tropical; two main seasons, cold-dry and hot-wet. The hot-wet season is from November to April
Malawi is one of the friendliest countries in Africa
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Historical Visit TO BRUSSELS BY HER EXCELLENCY
tHE PRESIDENT OF THE REPUBLIC OF MALAWI
The President of the Republic of Malawi, Her Excellency Mrs. Joyce Banda, was invited by His Excellency José Manuel Barroso, President of the European Commission to participate in the 2012 European Development Days (EDD) event which took place in Brussels, Belgium on 16th and 17th October, 2012. The President was accompanied to the event by His Excellency Chief Justice Richard Banda, Sc, Retired; Honourable Ephraim Mganda Chiume, M.P., Minister of Foreign Affairs and International Cooperation; Honourable John Bande, M.P., Minister of Industry and Trade; and Honourable Ralph Jooma, M.P., Deputy Minister of Finance.
The 2012 European Development Days Event The European Development Days (EDD) is Europe’s leading annual forum on international affairs and development cooperation. The 2012 EDD event brought together high-profile political figures from the European Union and its partner countries, private sector actors and leaders of international organisations as well as representatives of the civil society and the academia to discuss and brainstorm on the current state of EU development policy and perspectives for the future. The main theme of the 2012 edition of the EDD was “Sustainable and Inclusive Growth for Human Development” and was further sub-divided into three highly relevant and discussion-worthy sub themes: Sustainable Agriculture, Food Security and Resilience; Engaging the Private Sector for Development; and Empowering People for Inclusive Growth. The 2012 EDD event provided an opportunity to continue the debate on how to engage the private sector as a development partner to create jobs and income opportunities for the poor, and to leverage additional funding for sustainable and inclusive growth.
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Special Address by Her Excellency the President Her Excellency Mrs. Joyce Banda delivered a Special Address at the Opening Ceremony of the second day of the EDD event which also happened to be the International Day for the Eradication of Poverty. In her statement, Her Excellency Mrs. Joyce Banda stated her commitment to making poverty in Malawi a thing of the past. The President said “as we commemorate the World Day for the Eradication of Poverty today, I share the dream of a day when poverty is a thing of the past. Not just the poverty that is defined in terms of income and economic opportunities, but also the poverty that affects millions in terms of lack of access to healthcare, education, social and political rights.” The President informed that her government aims at creating wealth by transforming the structure of the economy, promoting the private sector in order to achieve economic growth, accelerate job creation and protect the vulnerable and the excluded within a decentralised, democratic environment. She further mentioned that her government developed an Economic Recovery Plan for the country which sets out to focus on five priority sectors namely: agriculture, energy, tourism, mining and infrastructure development. The Plan aims at transforming Malawi from a subsistence based economy to a modern industrialised economy that is integrated into the global community. Thus, Malawi is not only focusing on healing the nation but also building its future. The President of the Republic of Gabon, His Excellency Mr. Ali Bongo Ondimba; the Vice President of the Republic of the Philippines, Right Honourable Mr. Jejomar Binay and the European Commissioner for Development, Honourable Andris Piebalgs also delivered special addresses at the opening ceremony of the second day of the event. There were three key messages: A new generation of leaders in developing countries are rebuilding their countries with the help of sustainable and inclusive development plans ; Good leadership and good governance are the key to attracting support and investment; and Europe’s approach must evolve to meet the aspirations of the new inclusive style of leadership.
Europe's approach must evolve to meet the aspirations of the new inclusive style of leadership.
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High Level Panel Discussion on Confronting Inequalities The European Commission’s new proposed development strategy “The Agenda for Change” puts ‘inclusive and sustainable growth for human development’ at its centre. At the 2012 European Development Days event, the European Think-Tanks Group (ETTG) hosted a high-level panel debate putting the word ‘inclusive’ under the spotlight, focusing specifically on the challenge to EU development policy posed by inequality in developing countries. It was indicated that there is growing evidence that persistent high inequality is detrimental to poverty reduction, sustainable growth and political stability. The panel, therefore, discussed whether there is a role for Europe in supporting countries that want to tackle inequality and the implications that this would have for aid allocation criteria and for green growth strategies. Her Excellency Mrs. Joyce Banda participated in the high level panel discussion. In her contribution, the President indicated that there are two distinct levels of inequalities within countries: at the family level – with inequalities in gender and age; and at the national level – with inequalities in access to resources, the means of production, health, education and political power. She also indicated that there are inequalities at international level where there is need for inclusiveness in global institutions. On whether the European Commission should be more or less demanding in pursuing its values of good governance and democracy, the President underscored that this should not be done at the expense of the principles of partnership. She noted that sometimes donors do not align their assistance to national governments’ priority needs. It was, therefore, agreed that donors should not impose conditionality on partner countries, but that these principles must be jointly agreed through dialogue as equal partners. In driving her message home, Her Excellency Mrs. Joyce Banda said “the international institutions cannot talk about Africa without actually being present. The Millennium Development
Five key messages came out of the debate on “confronting inequalities”, among others:
Goals should be tailor-made from country to country. There is a commitment from a core of countries in Africa that are determined to eradicate poverty and inequality.” Other panelists who participated in the debate were His Excellency Dr Thomas Boni Yayi, President of the Republic of Benin and Chairperson of the African Union; Honourable Andris Piebalgs, European Commissioner for Development; Honourable Charles Goerens, Member of the Development Committee, Rapporteur on ‘Agenda for Change’, European Parliament; Mr. Paul Engel, Director, European Centre for Development Policy Management (ECDPM); Mr. Mark Furness, Researcher, German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE); and Mr. Simon Maxwell, Senior Research Associate, Overseas Development Institute (ODI).
ff The EU has a role to play in sharing technical knowledge with middle and low income countries. Its own historic experience in reducing inequality suggests it has a lot to offer. ff Inequality within countries cannot be tackled without legitimacy, support and commitment from within the countries. While visionary leadership is critical, it must be accompanied by deep social engagement through national parliaments and other non-state actors. ff A renewed and serious commitment to the policy coherence for development agenda must be made, cognisant of the political challenges. ff Action at the international level can be more important than aid, in terms of development outcomes. Such actions include trade and policy coherence, among others. ff The EU should do much more to support developing countries to acquire more seats at the UN Security Council, the International Monetary Fund and the World Bank for inclusive global governance.
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Meetings with European Union and Other Institutions The President of the Republic of Malawi, Her Excellency Mrs. Joyce Banda, held bilateral meetings with various European Union institutions and other institutions on the sidelines of the 2012 European Development Days event. These meetings were aimed at strengthening relations with the EU and other institutions. The meetings were very successful.
Meeting with President of the European Commission Her Excellency the President held bilateral discussions with His Excellency Mr. José Manuel Barroso. The discussions focused on the continued support from the EU to Malawi. His Excellency Mr. Barosso commended the President for the strong economic and political governance reforms which have been put in place since Her Excellency’s ascendancy to the Presidency.
Meeting with High Representative of the European Union for Foreign Affairs and Security Policy The President met Baroness Catherine Ashton, Vice President of the European Commission and High Representative of the European Union for Foreign Affairs and Security Policy. The discussions focused on the political and governance reforms that Her Excellency instituted since assuming office. Baroness Ashton commended the Government of Malawi for the bold economic and governance reforms being taken and reassured the President of EU’s continued support.
Meeting with European Commissioner for Development Her Excellency Mrs. Joyce Banda held some discussions with Honourable Andris Piebalgs, Commissioner for Development and Cooperation. The President informed the Commissioner about the economic reforms being undertaken by the Malawi Government. As a demonstration of EU’s commitment to continued support to Malawi, Her Excellency Mrs. Joyce Banda witnessed a signing ceremony between Honourable Ralph Jooma, M.P., Deputy Minister of Finance and Honourable Andris Piebalgs on two financial agreements for agriculture and social cash transfer to the tune of €63 million and €35 million respectively.
Luncheon in Honour of Her Excellency the President Her Excellency the President was hosted to a luncheon organised by Honourable Eva Joly, Chairperson of the Committee on Development of the European Parliament.
Meeting with the Flanders Minister-President Her Excellency Mrs. Joyce Banda held discussions with His Excellency Kris Peeters, Minister-President of the Flanders. The Flanders focus their cooperation on few countries and Southern Africa is their priority region for cooperation in Africa. Apart from Malawi, other country partners for the Flemish Government in Southern Africa are Mozambique and South Africa. The main areas of cooperation between the Government of Malawi and the Flemish Government are agriculture and health sectors.
Meeting with European Commissioner for Trade The President met Honourable Karel De Gucht, European Commissioner for Trade. The discussions of this meeting focused on the economic reforms that Her Excellency has put in place which emphasises the role of the private sector in the economic growth of the country. Her Excellency the President assured the Commissioner that the Malawi Government will reopen negotiations with the EU on the Economic Partnership Agreements (EPAs) with a view of reaching an agreement that will benefit Malawi.
Meeting with the European Investment Bank Her Excellency Mrs. Joyce Banda held discussions with Mr. Pim Van Ballekom, Vice-President of the European Investment Bank (EIB). The President briefed the Vice-President on the Economic Recovery Plan and called upon the EIB for financial support in the implementation of projects in some priority sectors that are within the mandate of EIB. The Vice-President informed Her Excellency that the EIB has expertise in projects in infrastructure including roads and water as well as energy. The Vice-President also indicated that EIB has provided lines of credit to some commercial banks in Malawi to finance small and medium scale enterprises. Her Excellency the President expressed appreciation on the support rendered by the Flanders to Malawi and thanked the Minister-President for the cordial and strengthened relationship existing between the Government of Malawi and the Flemish Government. The Minister-President reassured the Government of Malawi of continued support and partnership.
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Meeting with President of the Republic of Benin Her Excellency the President held a meeting with His Excellency Dr. Boni Yayi, President of the Republic of Benin and Chairperson of the African Union. The two leaders discussed matters affecting the continent.
Meeting with President of the Republic of Mozambique Her Excellency the President held discussions with His Excellency Armando Emilio Guebuza, President of the Republic of Mozambique and current Chairperson of Southern African Development Community (SADC) on the sidelines of the EDD event. The two leaders, in their capacities as Chairperson and ViceChairperson of SADC, discussed peace and security issues in the region.
Meeting with Minister for Development and Trade of Ireland The Irish Minister for Development and Trade, Mr. Joe Castello, called on Her Excellency the President to announce that the Irish Government will continue to support the Farm Inputs Subsidy Programme and the Social Cash Transfer Programme with additional resources.
Meeting with the Vice-President of Japan International Cooperation Mr. Mosato Watanabe, Vice-President of Japan International Cooperation Agency (JICA) called on Her Excellency the President during the EDD event. Their discussions focused on areas of support from Government of Japan to the Government of Malawi. Mr. Watanabe assured the President of continued support especially in infrastructure development. He also recommitted the continuation of the Japanese Volunteer Programme which provides the much needed skills in the development programmes of the country.
Meeting with European Union Ambassador for Humanitarian Causes and Founder of Aide Mondiale Orphelins Reconform Ms. Tasha de Vasconcelos is an international super model, European Union Ambassador for Humanitarian Causes and Founder of Aide Mondiale Orphelins Reconform. She called upon Her Excellency the President on the sidelines of the EDD event. The President congratulated Ms. de Vasconcelos for her passion to support the cause of the people of Malawi in financing charity programmes in Malawi. This includes The Amor Kasese Maternity Unit which was officially opened by the Crown Prince Albert II of Monaco in 2009. Her Excellency expressed her willingness to continue working with Ms. de Vasconcelos especially in the area of maternal health and women empowerment. The President wished Ms. de Vasconcelos every success in her humanitarian work in Malawi as she is in the process of setting up an eye clinic at Nandumbo Health Centre in Balaka, expected to be operational in January, 2013. Ms. de Vasconcelos informed the President that her heart will always be with Malawians as she feels that she belongs with Malawi. In her remarks, she said “there is a light inside of me that keeps shining knowing that I am one of you. I came from you, I am an African.�
Special address BY HER EXCELLENCY MRS JOYCE
BANDA, PRESIDENT OF THE REPUBLIC OF MALAWI
AT THE EUROPEAN DEVELOPMENT DAYS FORUM
when poverty is a thing of the past. Not just the poverty that is defined in incomes and economic opportunities, but also the poverty that affects millions in terms of lack of access to healthcare, to education, to political and social rights. To achieve the eradication of poverty, we have incredible challenges facing us today.
BRUSSELS 17 OCTOBER, 2012
President of the European Commission, Mr. Jose Manuel Barroso; Your Excellencies; Distinguished Delegates; Ladies and Gentlemen Let me begin by expressing my profound gratitude to Mr. Jose Manuel Barrosso, the President of the European Commission for inviting me to participate in this forum, “the European Development Days”. I also congratulate the EU on the honour of receiving the Nobel Peace prize this year. You have now joined the ranks of Nelson Mandela and Mother Teresa – this is no small achievement. Mr President and Distinguished Delegates, these are difficult times in the global economy as we heard yesterday, and it is indeed encouraging to hear that the European Union is intent on keeping and even expanding its commitment to development in these times. We cannot afford to slow down our fight against poverty. We cannot afford to lose the gains we have made. We cannot afford to make millions wait and suffer. It is therefore an honour for me to participate in discussions here and to experience the energy and enthusiasm of the international development community that is attending this important forum. As we commemorate the “World Day for the Eradication of Poverty” today, I share the dream of a day
Ladies and Gentlemen, Globally to address these challenges, we need practical and sustainable solutions. Solutions that recognize the vulnerabilities and risks of climate change; that embrace and incorporate “green” approaches. Solutions that emphasize trade, the private sector and investments. Solutions that focus not just on growth, but on reducing inequality; that are based on the values of equity, inclusiveness and local ownership. I am delighted at the focus on “confronting inequality” during these EU development days. This inequality exists across nations and within nations. It exists within communities and even within families. This inequality continually threatens to undermine our impact, diminish our successes, and restrict our progress. Our efforts must address the needs of the most vulnerable, especially women and children to be sustained. Malawi is a microcosm of these very challenges. For example, my government is working to provide food support to nearly 2 million people who are facing food insecurity. We are also working to address the challenges of inadequate infrastructure, insufficient energy supplies and high disease burden that continue to plague us. We need to build new roads, railways, airports, and industries to ensure that we can freely move our products to regional and international markets. Excellencies, ladies and gentlemen, six months ago
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when I came into office, Malawi stood at the verge of economic collapse brought on by poor political and economic governance, and an unfavourable investment climate. Upon assuming office, I immedi-
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ately put in place an economic recovery programme to restore macroeconomic stability in the country. These reforms required us to be bold in our fiscal and monetary policies including foreign exchange rate adjustment and austerity measures. This has been a bitter pill for my people, and my government continues to implement measures to protect the people of Malawi against the unintended socioeconomic impacts of these policy reforms. Mr. President and Delegates, Despite the difficult road ahead, the Malawian people have embraced my vision to eradicate poverty through economic growth and wealth creation. We aim to create wealth by transforming the structure of the economy, promoting the private sector in order to achieve
economic growth, accelerate job creation and protect the vulnerable and the excluded within a decentralized, democratic environment. To do this, we have a clear plan. My government has developed an Economic Recovery Plan to achieve our goals. We are focusing on five priority sectors, namely: agriculture, energy, tourism, mining and infrastructure development. Our projection is that the economy will start to show signs of recovery within 18 months. The projects within these priority sectors range from completion of essential roads and rail lines to setting up an alternative energy source, undertaking business climate reform and attracting investment into tourism and mining. For example in agriculture, it is not just about food security but about transforming the entire value chain in agriculture to turn the country into a regional food basket – this will mean developing the rural economy, ensuring access to advanced seeds, technologies and irrigation; engagement of a new crop of entrepreneurial leaders dedicated to the improvement of agriculture; establishing sufficient energy sources and electrification; building value addition industries for agro-processing; and commercialization and promotion of markets. These will set our country on a path to fulfilling its potential. Underpinning this recovery plan is the core empha-
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sis on the private sector and creating an enabling environment for economic development. Ladies and gentlemen, What we are aiming for is a transformation. A transformation from a subsistence based economy to a modern industrialized economy that is integrated with the global community. We are focused not just on healing the nation, but also building our future. This is not just a grand dream. We are focused on action. Our fundamental guiding principle as a government is the need for delivery. My government cannot simply be about plans and ideas. We will translate them into results. Practically, � First, we have identified 3 projects in each priority sector for the next 18 months � Second, I have set up a Presidential Initiative on Hunger and Poverty Reduction to fast track the interventions needed the social and economic needs of the youth and women. � Finally, we have set a target for being in the top 100 countries in ease of doing business in the next five years. To keep my government’s focus on results in the next 18 months, we have also established a Project Implementation and Monitoring Unit. We are committed to good governance and realize that this means that the government itself set an example for austerity. Yes, our challenges in Malawi are many. Indeed we are a microcosm of the challenges in the world. But we are also a microcosm of the hope that is pre-
The hope to provide more for the next generation than each generation before it had.
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sent among the poor across the world. The hope for economic opportunities and jobs, the hope for education and health, and the hope for civil and political liberties. The hope to provide more for the next generation than each generation before it had. Mr. President, Excellencies, Ladies and Gentlemen, Malawians are always ready to take responsibility to realize their own destiny. In fulfilling our goals in this global environment, Malawians fully appreciate the importance of regional integration. Malawi is a member of the Southern Africa Development Community (SADC) and the Common Market for Eastern and Southern Africa covering 27 countries, a population of 700 million and a combined GDP of $ 1 trillion. These countries are coming together in a Cape-to-Cairo Grand Free Trade Area. Malawi is in the center of this corridor that links countries on the west: Zambia, DR Congo, Rwanda, Zimbabwe and Burundi with the east coast in Mozambique. Cross border trade, regional integration and national competitiveness are therefore strategically important and we commit to working together with our neighbors in the region in achieving these aspirations. To realize this, significant investment is needed in infrastructure, including energy, transportation, water and telecommunications. It is estimated that Africa will need to invest nearly $60 billion a year for the next decade. Malawi is ready to tap into the global wind of investment in infrastructure in Africa by building on Trans-National Projects; cross border projects and marketing the corridors that will impact our economy. Mr President, in concluding, I would like to extend my appreciation for the financial and technical support the European Union is providing to Malawi. I am aware that more support is coming. We have already started work on the 11th European Development Fund programming process to ensure that the resources are targeted and channelled to our development priorities. Once again, let me thank the European Commission for having invited me to participate in this important event. Let me assure you, Mr. President and distinguished delegates, that Malawi is on the journey for transformation; we are focused solely on delivery, and we look forward to our continued partnership with the global community to realize our goals for sustainable development.
Excellencies and distinguished delegates, I thank you all for your attention.
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Malawi’s Vision ď ľ MALAWI'S VISION AND ROAD MAP TO
ECONOMIC RECOVERY AND PROSPERITY
The Administration of Her Excellency Mrs. Joyce Banda has demonstrated its determination to address, with urgency, the economic challenges that the country is facing with the view of ensuring that the country enjoys a more prosperous future. To this end, it has defined a clear vision and road map, and is currently implementing a bold and focused Economic Recovery Plan that is aimed at realising the vision.
Impressive Economic Growth Between 2006 and 2009, Malawi was admired around the world as it had attained high economic growth rates and produced sufficient food to meet its own requirements as well as for export. During this period, the annual average GDP growth rate was 7 per cent, reaching 8.9 per cent in 2009. This raised hope and expectation that Malawi was on the right path towards becoming a middle income country.
Recent Challenges During post-2009 period, the previous government did not stay the course in the implementation of economic and political reforms. These parameters coupled with the global financial crisis led to Malawi’s GDP decline to 4.6 per cent in 2011. The other factors that have contributed to GDP decline include reduction in donor aid flow due to concerns over political and economic governance issues. The difficult situation was marked by a severe shortage of foreign exchange which led to shortages of critical imports such as fuel, inputs for production and medicines.
Austerity Measures Within few months since coming to power in April, 2012, the Administration of Her Excellency President Banda implemented a set of bold measures to address Malawi’s balance of payment difficulties and to halt the slowdown in economic activities arising from the shortage of foreign exchange and critical imports. The implemented measures include the devaluation of the Malawi currency by 49 per cent and adoption of a floating exchange rate regime. President Banda also swiftly repaired relations with Malawi’s development partner as well as repealed a number of laws that were seen to undermine human rights and political freedom.
New Vision In addition to the austerity measures, the new Administration has also developed a clear vision for Malawi’s future considering the old saying “Where there is no vision, the people perish”. The vision of Her Excellency Mrs. Joyce Banda is to eradicate poverty through economic growth and wealth creation. Malawi aims at creating wealth by transforming the
the Government has set a target for being in the top 100 countries in ease of doing business in the next five years
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structure of the economy, promoting the private sector in order to achieve high economic growth, escalate job creation and protect the vulnerable and the excluded within a decentralised and democratic environment. The vision is to specifically transform Malawi into one of the fastest growing African economies in the next decade.
The Economic Recovery Programme In order to realise the country’s vision, the Government has put in place an Economic Recovery Plan (ERP) with the objective of restoring macro-economic stability and secure Malawi’s ability to meet the United Nations Millennium Development Goals (MDGs). Within the framework of the Malawi Growth and Development Strategy (MDGS), the roadmap for achieving the country’s set goals and vision focuses on government’s efforts in the short to medium terms on five priority sectors namely: agriculture, energy, tourism, mining and infrastructure development. The economy is expected to show signs of recovery within 18 months of implementing the Economic Recovery Plan. The projects to be implemented within the five priority sectors range from completion of essential roads and rail lines to establishing sufficient energy sources and electrification; ensuring farmers’ access to improved seeds, technologies and irrigation; engagement of a new crop of entrepreneurial leaders that are dedicated to the improvement of agriculture; building new value addition industries for agro-processing; undertaking business climate reform and attracting investment into tourism and mining sectors. In order for the Economic Recovery Plan to yield results, the Government has identified three projects to be implemented during the next 18 months in each of the priority sectors. The Government has also set up a Presidential Initiative on Hunger and Poverty Reduction to help fast-track the implementation of special development projects that are aimed at uplifting the lives of the youth and women. In addition, the Government has set a target for being in the top 100 countries in ease of doing business in the next five years. The implementation of austerity measures and the recovery plan has begun to bear the intended results. There are clear signs that Malawi will fully recover from the economic challenges the country is currently facing and return to its path to prosperity.
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Why Invest in Malawi The Warm Heart of Africa Malawi offers interesting investment opportunities due to the country’s uniqueness and drive to achieve sustainable economic development. It has an enormous reserve of untapped economic opportunities. The following are among the reasons to invest in Malawi:
A Peaceful and Stable Nation Malawi is politically stable. It has remained peaceful since its independence in 1964, accentuated by peaceful transitions from one government to another. The people of Malawi believe in peaceful coexistence. This is supported by Global Peace Index (GPI, 2011), which ranked Malawi as the second most peaceful and stable nation after Botswana. Furthermore, the country has had democratic governments.
Conducive Business Climate With a population of 15.7 million, Malawi has one of the highest population densities in Africa. The populace is hardworking, disciplined and English speaking. Many Malawians have great interest and are open to learn other international languages. The country has had a sustained economic growth and has supportive pro-business policies. The Constitution of Malawi guarantees protection of assets of foreign investors, while the Public and Private Partnership (PPP) Act allows for security of investment and dispute settlement. Furthermore, registration for business is within the commendable period and investors can repatriate their profits, dividends and loyalties. Financial and ICT infrastructure is good in Malawi and road and mobile phone networks cover major parts of the country.
Regional Market Malawi is at the centre of two regional blocks namely Southern Africa Development Community (SADC) and Common Market for Eastern and Southern Africa (COMESA) with a population of 277 million and 430 million people respectively. In this regard, products and services from Malawi can be exported to 27 countries of COMESA and SADC under preferential arrangements within the region. Furthermore, the country has numerous duty free and preferential bilateral arrangements with many other countries: ff Member of the Multilateral Investment Guarantee Agency (MIGA); ff Signatory to the international centre for settlement of investment disputes; ff Beneficiary to China, Japan and Indian Duty Free Preferential Scheme; ff European Union’s Everything But Arms (EBA) Beneficiary; ff Africa Growth Opportunity Act (AGOA) beneficiary; and ff Member of the Africa Trade Insurance Agency of COMESA.
Other notable incentives
In General, the following incentives are available to investors wishing to set up businesses in Malawi: f f 100 percent investment allowance on qualifying expenditure for new building and machinery f f Allowances of up to 40 percent for used buildings and machinery f f 50 percent allowance for qualifying training costs f f Allowance for manufacturing companies to deduct all operating expenses incurred up to 25 months prior to the start of operations f f Zero duty on raw materials used in manufacturing f f Loss carry forward of up to seven years, enabling companies to take advantage of allowances f f Additional 15 percent allowance for investment in designated areas of the country f f Duty-free importation of buses with a seating capacity of 45 persons (including the driver) and above f f Duty-free direct importation of building materials for factories and warehouses f f Duty-free direct importation of goods used in the tourism industry, which includes building materials, catering and related equipment, and water sport equipment f f Free repatriation of dividends, profits, and royalties There are also further incentives for establishing operations in an Export Processing Zone (EPZ) are as follows: ff ff ff ff
Zero-rated corporate tax No withholding tax on dividends Capital equipment and raw materials are duty-free No excise tax is imposed on the purchases of raw materials and packaging materials made in Malawi f f No value added tax Manufacturing in bond attracts the following incentives: f f Export allowance of 12 percent revenue for non-traditional exports f f Transport tax allowance equal to 25 percent of international transport costs, excluding traditional exports f f There are no duties imposed on imports of capital equipment used in the manufacture of exports f f No surtaxes f f There is no excise tax or duty charged on the purchase of raw materials and packaging materials f f In-bond manufacturers are refunded of all duties (duty drawback) on imports of raw materials and packaging materials used in the production of exports. Source: Malawi Investment and Trade Centre (MITC)
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Investment Opportunities in Malawi Comprehensive and detailed information on prospective business opportunities and ventures can be accessed from www.malawi-invest.net. This publication provides a brief description of investment opportunities in Malawi. Agriculture and Agro-processing Major investment opportunities exist in the field of agriculture and livestock production for large scale commercial farming as well as investment opportunities in aquaculture, horticulture, agro-processing and value addition. The Green Belt Initiative which targets coverage of 1 million hectares of land to increase agriculture production and productivity, also provides investment opportunities in irrigation infrastructure, factories and warehouses, just to mention a few. Agricultural products from Malawi can be processed and exported under various trading arrangements including EU’s EBA Initiative, AGOA, China General Tariff Preferential Treatment, India Preferential Trade Arrangement Benefiting LDC’s and Japan Preferential Trade Arrangement Benefiting LDCs as well as trading arrangements within SADC and COMESA. Tourism Tourism is expected to play a major role in Malawi growth sphere. Lake Malawi, which was voted by Yahoo as the most beautiful lake in the world due to its golden beaches, crystal clear waters and mineralrich waters teemed with countless, brightly coloured cichlid fish, many of which are endemic, is the major driver of Malawi’s tourism industry. Furthermore,
Lake Malawi National Park, located at Cape Maclear in Mangochi, is a UNESCO World Heritage Site. Lake Malawi, called ‘Lake of Stars’ by Sir David Livingstone, the Scottish Explorer, is approximate dimensions are 365 miles north to south and 52 miles broad, is 700 metres (2300 feet) deep. This makes the lake ideal for various sporting activities such as kayaking, sailing, snorkeling, scuba diving and water skiing. Malawi has a massive diversity of beautiful landscapes with a rich diversity of flora and fauna. The highest peaks in Malawi are 3 000m (10 000ft) while the lowest point is barely above sea level. This range of altitudes in a small area help to make the landscape of Malawi one of the most varied in Africa. The country is generally green with plateaus, highlands, forests, mountains, plains, escarpments and dramatic river valleys and is blessed with more than nine National Parks or Wildlife Reserves where the big five and various other wild animals live. Prospective investors in the tourism industry in Malawi may invest in areas such as eco-tourism, activities around Lake Malawi, Mulanje Mountain slopes, Nyika slopes and protected areas such as national parks and forest reserves, cultural and historical sites such as missionary graves and slave trade villages. Specific investment projects include construction of hotels, lodges and camps, recreational facilities at the above mentioned areas and development of support infrastructure. Malawi is ideal for investing in wilderness safari, game and forest lodges, casinos and entertainment centres.
Mining Mining is expected to contribute almost 10% of Malawi’s gross national income annually. The growth prospects will be achieved through increased investments in mining. Mining has been limited to coal mining, quarrying, limestone production, and gemstone mining but further mining investment opportunities exist in uranium, gold, platinum group of minerals (PGMs), base metals, nickel and copper, dimension stone, phosphates, heavy mineral sands and graphite coal. Manufacturing Investment in manufacturing and infrastructure development sectors is vital to Malawi’s economy. The manufacturing sector currently accounts for 12% of GDP. A lot more investment opportunities exist in processing of agricultural commodities. There are also opportunities in textile and garment manufacturing, light manufacturing to meet the domestic demand for electrical fittings and engineering materials. Investment in phosphate fertilizer manufacturing would be vital. Other potential areas in manufacturing include: industrial ceramics and paints, pharmaceuticals, machinery and chemicals, production of footwear, jewels and jewelry, processing of leather and establishment of spinning and weaving factories.
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Infrastructure Development In the area of infrastructure, the Government of Malawi is seeking partners to invest in a number of projects under various private sector participation options such as build operate and transfer (BOT), build operate and own (BOO) or concessions. Some of the projects under such arrangements are Kamuzu International Airport in Lilongwe, Chileka Airport in Blantyre and New Mangochi (Namiyasi) Airport. Energy Development Demand for energy in Malawi is enormous. The energy sector is key for the country’s sustainable development and growth. Investments, therefore, are required in hydro generation, distribution and transmission, fossil fuels, solar, wind, fuel storage and oil pipeline facilities, thermal power plants, biomass and biogas and conduct feasibility studies for possible hydro generation.
Tourism is expected to play a major role in Malawi growth sphere
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Culture
Welcome to the land of Gule Wamkulu,
a UNESCO Masterpiece of the Oral and Intangible Heritage of Humanity Malawi is a country that is made up of more than 15 tribes representing a diversity of cultural practices and languages. One of such practices is the Gule Wamkulu dance practiced among the Chewa and Nyanja people of Malawi, Zambia, and Mozambique. The origin of the dance is believed to be Malomba, a place in what is now the Democratic Republic of Congo (DRC). A cave painting in Zaire depicts Kasiya Maliro, a type of Gule Wamkulu mask that may date to 992 Common Era (Bell, Deborah, 10 September 2010). Kasiya Maliro: This zoomorphic animal structure represents an antelope and is a symbol of ancestral spirit who leads the spirits of the deceased into the world of the dead. The role of Kasiya Maliro is to welcome the dead spirits. Because of this, it is a symbol of mercy of the ancestral spirits. During the funeral, Kasiya Maliro plays the role of leading the funeral procession to the grave yard. It performs the function of a funeral hearse by transporting the dead to the grave.
Gule Wamkulu “the Great Dance� is normally performed during important occasions such as initiations such as initiations of boys, funerals of members, and installation of chiefs. It is also performed at Chizangala festivals during the harvest season of July and August as well as weddings and, more recently, other entertainment occasions. The dancers are boys and men who have been initiated. Gule Wamkulu dances involve intricate footwork, flinging dust in the air. Dancers respond to specific drumbeats and songs depending on the mask type or character. Gule Wamkulu dancers wear costumes and masks made from a variety of materials such as wood, paint, feathers, metal, wool and animal skin. The masks represent a variety of characters, such as wild animals, spirits of the dead or slave traders as well as recent figures such as helicopter.
The characters are made and dressed in secret compounds which are mainly near a graveyard. Masks that are made of animal hides or horns are meant to capture the soul or spirit of the deceased and bring them back to life.
Nkhwere/Nyani : Nkhwele, as the name suggests, is the Gule Wamkulu character that looks like monkey. It represents spirits of the departed ones and appears during important occasion such as chief’s installation.
Chilembwe: Zoomorphic character depicting a wild animal with thick black fur and a small head with horns. Represent bad spirits responsible for people’s suffering. Makes sudden appearance to symbolize that such angry and bad spirits come without warning. It is performed during funeral or installation of a senior chief.
Gule Wamkulu is often performed at an open space called bwalo. The masked dancers are accompanied by an assistant who shakes a rattle in order to assist the masked dancers to navigate the crowds to the dancing arena. The dance is characterised by singing, hand clapping, ululating, dust, sophisticated reverse role-playing, proverbs and mimicking. It has also recently incorporated acrobatic movements. Women actively participate in the dance through singing, clapping and dancing with the characters. Mbiya Zodooka: This is a human character with face mask. Literally means “broken pots” because it carries a broken pot on its head as it dances. Represents departed spirits in the marginal state on their way to the spirit world. It is believed that in the pot are the departed’s personal effects which are buried together with them. Its function is to carry the personal effects of the dead to the grave and their spirit to the world beyond. It performs during funeral of a chief or a prominent Gule Wamkulu society member.
Gule Wamkulu has met its challenges since it was brought to Malawi by the Chewas. The first Christian missionaries exerted efforts to ban the practice while during the British colonial rule, the British tried to outlaw it. In order to survive, the Chewa and Nyanja people adopted some aspects of Christianity. As a result, Chewa men tend to be members of a Christian church as well as the Gule Wamkulu society. Urbanization has also had a huge impact on Gule Wamkulu. It is for this reason that the dance is currently being performed in towns as a form of entertainment. A Gule Wamkulu dance is important to Malawi as it brings Malawian communities together in times of cerebration and mourning. It is therefore the hope of Malawians that the Gule Wamkulu dance and tradition will be preserved for future generations. i Grescht, H.J., Legend? Fraud? Reality? Alice Lenshina’s prophetic notes from some sources”. (1968), P13.
Each of the figures in the GuleWamkulu dance plays a particular character expressing a form of misbehavior, teaching the audience moral and social values. The figures perform dances with extraordinary energy, entertaining and scaring the audience as representatives of the world of the spirits and the dead. The Chewa, like most African traditional societies, believes in the omnipotence of their ancestors both living or dead. In this regard, the Gule Wamkulu dance is believed to include communication with the dead and/or their spirits. In 2005, Gule Wamkulu and Vimbuza Healing Dance of the Tumbuka of Northern Malawi were classified as two of the 90 Masterpieces of the Oral andIntangible Heritage of Humanity, a program run by United Nations Education, Science and Cultural Organisation (UNESCO). The purpose of the programme was to raise awareness on intangible cultural heritage and encourage local communities to protect them and sustain these forms of cultural expressions.
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Contacts MALAWI TRADE CONTACTS Ministry of Industry and Trade P.O. Box 30366, Lilongwe 3 - Malawi Tel: (265) 01 770 244/ (265) 01 770 614 - Fax: (265) 01 770 680 minci@malawi.net
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) P.O. Box 258 Blantyre - Malawi Tel: (265) 01 871 988 - Fax: (265) 01 871 147 mccci@mccci.org -www.mccci.org
Malawi Investment promotion Agency (MIPA) Private Bag B302 Lilongwe 3 - Malawi Tel: (265) 01 770 800 / 771 315 / 771 707 Fax: (265) 01 771 781 mipa@mipamw.org - www.malawi-invest.net
Malawi Rural Finance Company (MRFC) Private Bag 39 Lilongwe 3 - Malawi Tel: (265) 01 753 133 / 755 316 / 755 318 Fax: (265) 01 757 801 mrfchqs@sdnp.org.mw
Malawi Development Corporation (MDC) P.O. Box 566 Blantyre - Malawi Tel: (265) 01 820 100 - Fax: (265) 01 820 584 mdcgm@malawi.net
National Association of Business Women (NABW) Private Bag 56 Blantyre - Malawi Tel: (265) 01 874 106 - Fax: (265) 01 874 805 nabw-bt@sdnp.org.mw
Development of Malawi Enterprise Trust (DEMAT) P.O. Box 1540 Blantyre - Malawi Tel: (265) 01 842 982 - Fax: (265) 01 836 302 demat@malawi.net - www.demat.org.mw
Malawi Export Promotion Council (MEPC) P.O. Box 1299 Blantyre - Malawi Tel: (265) 01 820 499 - Fax: (265) 01 835 429 mepco@malawi.net
Small Enterprise Development of Malawi (SEDOM) P.O. Box 525 Blantyre - Malawi Tel: (265) 01 822 555 - Fax: (265) 01 822 781
Malawi Bureau of Standards (MBS) P.O. Box 946 Blantyre - Malawi Tel: (265) 01 870 488 - Fax: (265) 01 870 756 mbs@mbsmw.org
Malawi Entrepreneurship Development Institute (MEDI) Private Bag 2 Mponela - Malawi Tel: (265) 01 286 244 - Fax: (265) 01 286 412 medi@medimw.org
Malawi Institute of Management (MIM) P.O. Box 30801 Lilongwe 3 - Malawi Tel: (265) 01 710 866 / 710 017 / 710 216 Fax: (265) 01 710 609 / 710 724 mimexecutive@mim.co.mw - www.mim.co.mw
Paprika Association of Malawi (PAM) Private Bag 365 Capital City Lilongwe 3 - Malawi
FINANCIAL INSTITUTIONS Reserve Bank of Malawi (RBM) P.O.Box 30063 Lilongwe 3 - Malawi Tel: (265) 01 770 600 / 01 820 891 - Fax: (265) 01 772 752 / 773 502 / 770 593 webmaster@rbm.mw - www.rbm.mw
National Bank of Malawi Head Office P.O.Box 945 Blantyre - Malawi Tel: (265) 01 820 622 / 01 820 891 - Fax: (265) 01 820 606 natbank@natbankmw.com - www.natbank.co.mw
Standard Bank P O Box 1111 Blantyre - Malawi Tel: (265) 01 820144 / 01 821 353 - Fax: (265) 01 820117 Telex: 44340 stanbicmw@standardbank.com - www.standardbank.co.mw
Investment and Development Bank of Malawi INDE Bank House Kaushiong Road P.O. Box 358 Blantyre - Malawi Tel: ( 265) 01 820 055 - Fax: (265) 01 823 353 tm@indebank.com - www.indebank.com
First Discount House Limited Upper Ground Floor - Umoyo House 8 Victoria Avenue North P O Box 512 Blantyre - Malawi Tel: (265) 01 820 219 / 01 820 397 - Fax: (265) 01 820 397 / 01 823 044 fdh@fdh.co.mw - www.fdh.co.mw
Continental Discount House Head Office - Fifth Floor, Unit House, Victoria Avenue P.O. Box 1444 Blantyre - Malawi Tel: ( 265) 01 821 300 - Dealing Lines: (265) 01 821 913 / 01 822 840 Fax: ( 265) 01 822 826 / 01 822 848 discount@cdh-malawinfo.com - www.cdh-malawi.com
First Merchant Bank Head Office Livingstone Towers Glyn Jones Road Private Bag 122 Blantyre - Malawi Tel: (265) 01 821 955 / 821 942 / 821 943 - Fax: (265) 01 821 978 fmb.headoffice@fmbmalawi.com - www.fmbmalawi.com
Malawi Savings Bank MSB House Victoria Avenue P.O Box 521 Blantyre - Malawi Tel: (265) 01 825 111 - Fax: 01 821 929 msb@msb.malawi.net - www.msb.mw
NEDBANK Malawi Limited P.O Box 30741 Lilongwe P/Bag 750, Blantyre - Malawi Tel: (265) 01 820 477/ 977/ 102 : Blantyre Tel: (265) 01771 924/ 986/ 973 : Lilongwe
New Building Society Bank NBS House P.O Box 32251 Chichiri, Blantyre 3 - Malawi Tel: (265) 01 876 222 / 231/ 218 - Fax: (265) 01 875 041 nbs@nbsmw.com - www.nbsmw.com
Leasing and Finance Company Head Office Livingstone Towers Glyn Jones Road/Corner David Street P.O. Box 1963 Blantyre - Malawi Tel: (265) 01 820 233 / 01 820 757 - Fax: (265) 01 820 275 lfc@lfcmalawi.com
Opportunity International Bank of Malawi P.O. Box 1794 Lilongwe - Malawi Tel: (265) 01 758 888 - Fax: (265) 01 758 811 lilongwe@oibm.mw - www.oibm.mw
Blue CashXpress Kim’s Building Private Bag A144 Lilongwe Blantyre - Malawi Tel: (265) 01 754 302
National Finance Company Ltd The Head of Asset Finance Lilongwe Office National Bank of Malawi, Capital City Branch - Malawi Tel: (265) 01 770 322
NICO Corporate Finance Limited P.O Box 1396 Blantyre - Malawi Tel: (265) 01 823 536 / 01 823 245 - Fax: (265) 01 823 160 trust@trust.co.mw
ECOBANK Malawi Limited Corner Victoria Avenue, Henderson Street Private bag 389 Blantyre - Malawi Tel: (265) 01 822 099 / 808 / 681 - Fax: (265) 01 824 620 / 822 683 emwho@ecobank.com Oremwbt@ecobank.com
National Finance Company Ltd The Head of Asset Finance Lilongwe Office National Bank of Malawi, Capital City Branch - Malawi Tel: (265) 01 770 322
ACCOUNTING AND CONSULTANCY FIRMS Financial Training and Corporate Services 3rd Floor, Karim Building, Chipembere Highway P.O. Box 2231 Blantyre - Malawi Tel: (265) 01 641 903 / 641 789 - Fax: (265) 01 641 789
Price Waterhouse Coopers ADL House P.O. Box 30379 Lilongwe - Malawi Tel: (265) 01 773 799 / 773 306 - Fax: (265) 01 772 573 www.pwc.com/za
Deloitte and Touche P.O. Box 30364 Lilongwe 3 - Malawi Tel: (265) 01 773 069 / 773 699 - Fax: (265) 01 772 276 lldeloitte@deloitte.co.mw orbtdeloitte@deloitte.co.mw - www.deloite.com
Graham Carr and Company Chief Lilupula Building P.O. Box 898 Lilongwe - Malawi Tel: (265) 01 751 844 / 756 573 - Fax: (265) 01 757 004 Lilongwe@grahamcarrmw.com
Mwenelupembe & Mhango St. Martins House P.O. Box 30808 Lilongwe - Malawi Tel: (265) 01 772 456 / 771 525 / 771 325 - Fax: (265) 01 771 831 wbm@malawi.net
S.Y. Management and Financial Consultants Apex House, Kidney Crescent P.O. Box 798 Blantyre - Malawi Tel: (265) 01 870 050 / 870 024 / 0888 827 611 - Fax: (265) 01 670 605
KPMG Peat Marwick P.O. Box 508 Blantyre - Malawi Tel: (265) 01 820 391 / 820 269 / 820 927 - Fax: (265) 01 841 789 kpmg@kpmgmw.com
The Embassy of Malawi Av. Hermann Debroux 46 1160 Brussels Belgium T: +32 2 23 10 980 F: +32 2 231 10 66 www.embassymalawi.be