Malawi: Chakwera Asks Poundstretcher CEO Aziz Tayub to Invest in Malawi

9 May 2023
Nyasa Times (Leeds)
By Watipaso Mzungu

Malawi President Dr Lazarus Chakwera wound up his visit to the United Kingdom (UK) with a call to the Chief Executive Officer (CEO) for Poundstretcher, Aziz Tayub, to consider investing in Malawi.

Poundstretcher is one of the world's leading chain store company. President Chakwera therefore felt having the company invest in Malawi would create opportunities to both Malawians and the investor himself.

Writing on his Facebook page, President Chakwera said the businessman and his associates pointed out potential areas of investment in line with the incumbent administration's agenda to revolutionise the agricultural sector through value addition and securing of new markets.

"I have granted him a positive response to start formalising the processes with relevant agencies and departments so that we fast track this promising opportunity," said the President.

Meanwhile, Chakwera has departed London for Lilongwe after a week-long tour of the UK.

Read the original article on Nyasa Times.

Tagged:
Copyright © 2023 Nyasa Times. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.