LATEST NEWS



31st Malawi International Trade Fair exhibitors awards

 

Illovo Sugar Malawi Limited was named the Best Exhibitor-Manufacturer and Overall Best Exhibitor at the 31st Malawi International Trade Fair. Anti Corruption Bureau, Director of Corruption Prevention Mary Phombeya, who was Guest of Honor at a networking dinner, organized as part of MITF activities presented the award to Illovo. Phombeya (Left) and MCCCI Chief Executive Chancellor Kaferapanjira (Right) celebrate the award with Ilovo’s Olive Kawerama (Centre).

 

The award for  Best Exhibitor-Foreign Exhibitor went to Mozambique(Left) while ESCOM (Centre) won Best Exhibitor-Service Sector , Best Exporter went to Raiply Limited and  

Banthu Arts and Crafts won, Best Exhibitor-Small and Medium Enterprises

 

 

Update on the 31st Malawi international Trade Fair

Opportunity for businesses to attend a sourcing Fair in South Africa


Proudly in their 5TH Anniversary year, the co-located China Homelife and China Machinex sourcing fairs, are just around the corner, taking place from Monday 23rd September to Wednesday 25th September at Johannesburg Expo Centre (Nasrec).

With over 2500 products on display representing 15 different industry sectors, it is the ideal sourcing platforms to meet, connect and do business with 100% verified Chinese Manufacturers and Suppliers all under one roof.

Sector representation:

 Textiles and Garments
 Agriculture & Food
 Building Materials
 Consumer Electronics
 Furniture
 Home Appliances
 Home Products
 Gifts
 Lights and Lamps

Organisers of the Fairs, will offer a Hosted Buyer Programme for verified buyers attending from Southern Africa. On offer for buyers who qualify, will be:

 2 nights accommodation at a hotel in close proximity to the venue on a bed and breakfast basis;
 Transfer from OR Tambo International to the hotel and return on day of departure;
 Daily transfer to the venue and return to the hotel for the 2 days;
 Online Appointment scheduling with the suppliers and manufacturers who meet your sector criteria – you will be required to have 5 confirmed appointments scheduled prior to your arrival;
 On site translation services for business meetings conducted;
 A matchmaking zone to assist and ensure you get to meet with all the relevant suppliers exhibiting and if a particular product is not showcased, it can be sourced for you with relevant details provided;
 An invitation to the Official Show opening ceremony on Monday 23rd September. This event is attended by other VIP’s, Government Officials and Dignitaries;
 Lunch and refreshments will be provided at the venue for your 2 day stay.

For further details on how to attend the fair  email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Business Directory

The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) intends to produce a Business Directory. The directory will provide organized business information in Malawi to potential local and international investors and partners.

If you would like to list your business in the Business Directory, please email  This e-mail address is being protected from spambots. You need JavaScript enabled to view it with subject line Business Directory

Efficient Finance and Accounting Operations Workshop

The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) is pleased to invite you to a Best Practices and Updates in Efficient Finance and Accounting Operations Workshop which has been organized in Lilongwe.

Why Attend

Stop what you are doing, take a step back, and look at how you perform your work. You will probably agree that things are currently effective, but could be more efficient. This course will provide you with the tools and techniques necessary to enhance all the building blocks of accounting and finance. From accounts payable and cash management to budgeting and financial statements, we will show you best practices in tools and techniques that will make your job easier and help you deliver more value. The course will also cover behavioral concepts related to the day-to-day accounting and finance operations.

Course Methodology

This course uses a mix of exercises, group case studies, and presentations. Additionally, some time will be devoted to learning practical tools in Excel for reporting, analysis and reconciliation. Conceptual ideas, rules, and best practices will also be discussed in accounting, finance, budgeting and general reporting.

Course Objectives

By the end of the course, participants will be able to:

  • Identify the main elements of a vision for finance and accounting
  • Evaluate and improve accounts payable process
  • List the key best practices in receivables, inventory and cash management
  • List the key financial statements (balance sheet, income statement, changes in shareholders’ equity and cash flow statement) and their components
  • Assess the budgeting process in their organizations and recommend improvements
  • Apply MS Excel reporting and analysis techniques for a faster accounting and finance operations
  • Develop an enhanced understanding of the behavioral concepts related to the day-to-day finance and accounting operations

Target Audience.

Professionals from the field of finance and accounting, managers, supervisors, and staff from other departments who desire to understand, apply and implement practical tools to enable them to run their departments more efficiently and improve their understanding of the language of numbers

Target Competencies

  • Analytical skills
  • Accounts payable management
  • Accounting and managing accounts receivables and inventory
  • Preparing financial statements
  • Budgeting
  • Excel reporting and analysis

Training details;

                        Date: 19th July 2019

                        Venue: Platinum Hotel

                        Time: 8:00am – 5:00pm

                         Fees: K80,000 for (MCCCI Registered Members) and K100,000 for (Non-members)

 

Training fees is inclusive of morning and afternoon refreshments and lunch, training materials and certificate of attendance.

 

Please confirm your attendance by filling attached form and send it to This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call 0995624559.

 

 

 

 

 

Origin Africa 2019, Buy Africa, for Africa

TEVETA introduces Productivity Enhancement Program

TEVET Authority has transformed the Productivity Enhancement Program (PEP) formerly Public Private Sector Training Program by introducing new windows which address issues that specifically affect productivity of organizations.

The main objective of PEP is to stimulate productivity at the workplace in order to improve the performance of companies and organizations in the public and private sectors.

The Productivity Enhancement Program, which is a package of value adding initiatives and interventions is poised to spur productivity at the workplace using four initiatives of: Trade/Sector Based Productivity Enhancement, Enterprise Based Productivity Enhancement, National PEP Outcome Sharing Seminar and Public Private Skills Dialogue Forum.

Opening a Regional PEP Awareness meeting in Blantyre, TEVETA’s Director of Finance Elwin Sichiola said PEP is a value adding intervention which will address skills and performance gaps in the work place in an innovative way.

A series about Trade Facilitation Initiatives Adopted & currently being implemented by the Malawi Government.

 

What is WTO Trade Facilitation Agreement?

The World Trade Organization (WTO) Trade Facilitation Agreement (TFA) is a result of Doha Round of Trade Negotiations, which was launched in 2001. The agreement entered into force on 22 February 2017 following its ratification by two-thirds of the WTO membership. The TFA contains provisions for expediting the movement, release and clearance of goods, including goods in transit. It also sets out measures for effective cooperation between customs and other appropriate authorities on trade facilitation and custom compliance issues. It further contains provisions for technical assistance and capacity building in this area.

The agreement aims to reduce the delays and costs incurred by importers and exporters due to inefficient control and clearance procedures of customs and other border authorities, unnecessary border formalities and documentation requirements, and opaque administrative fees and charges; all of which can add significant costs to traders, in particular the small traders that do not have the same resources to cope with these barriers.

The TFA also contains Special and Differential Treatment (SDT) provisions for Developing and Least Developed Countries (LDC) that link the implementation of the trade facilitation measures with the capacity to do so.   It allows each developing and LDC Member to self-determine when it will implement each measure, and the measures for which it needs assistance.  

Malawi submitted its schedule of commitment in May 2016 and later ratified the TFA on 12th July 2017. In June 2017, the Ministry of Trade conducted a TFA assessment to validate and investigate whether the self-reporting of Malawi’s commitments corresponds with the capacity of the country to implement them. The final validation report states that 24 of Malawi’s self-assessments of TFA commitments were found to be either fully validated or were found to substantially align with the findings of the assessment. The remaining 13 TFA commitments were found to show partial alignment or to be not aligned.

Realizing the importance of trade facilitation reforms as critical for increased competitiveness in regional & global trade, the Ministry of Trade which is the agency responsible for coordinating all trade matters commissioned a number of studies in the area of trade facilitation in order to have a thorough understanding of current issues. These studies cumulatively provide over 300 recommendations and using the Multi-Criteria Business Analysis (MCBA) software, the ministry came up with prioritized recommendations/activities that were summarized in the National Trade Facilitation Action Plan (NTF-AP).

Through the TFA, Malawi embarked on the path to address one of the major challenges faced at the border which is the amount of time it takes to clear goods for import/export. The first step in resolving this issue is reducing the number of institutions at the border to 5 and improving coordination between the institutions at the border and this was facilitated by World Bank through the Southern Africa Trade and Transport Facilitation Program.

To be continued

Malawi International Trade Fair New Dates

Postponement of the 31st Malawi International Trade Fair

 

The Malawi Confederation of Chambers of Commerce and Industry wishes to inform exhibitors, patrons and the general public that the 31st Malawi International Trade Fair (MITF) which was scheduled to be held from 20 - 30 June 2019 under the theme “Achieving Competitiveness through Integration into Regional Value Chains” has been postponed to 6 – 15 August, 2019. The venue and theme for the event remain the same.

 

Being an International Trade Fair, participation of international exhibitors is key at the MITF. Mobilization of participants, both foreign and domestic, commenced way back in January this year. We received positive feedback as evidenced in the confirmations from the following countries: Indonesia, Zimbabwe, Tanzania, Kenya, Zambia and China. However, participants from all these countries except Zimbabwe have withdrawn their participation, citing existence of political uncertainty and tension in the country as reasons for their withdrawal.

 

In view of these developments, we have taken the decision to postpone holding of this event to 6 -15 August this year by which time we hope the clouds will have cleared.

 

If you need further information, please contact the Chief Executive, Mr. Chancellor Kaferapanjira, on 0999 788 177, or on This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

 

More Articles...

Page 1 of 13

<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>