Every truck carrying raw materials out of Malawi could also be carrying away jobs that thousands of young people desperately need, experts have warned.
They argue that the real problem is not what Malawi produces, but what happens after production. The proposed solution could reshape industries, create employment and keep more wealth within the country.
Mwanza Central Member of Parliament Felix Njawala said the country has for years exported commodities such as cotton only to import finished products manufactured from the same raw materials.
He argued that every export of unprocessed goods also sends employment opportunities and industrial growth beyond Malawi’s borders.
According to Njawala, promoting value addition would enable local industries to process raw materials into finished products, creating jobs, increasing exports and helping the country earn more foreign exchange.
He said the approach would also reduce dependence on imported goods and place Malawi on a stronger path towards economic transformation.
Njawala further urged government to closely monitor the disbursement of affordable financing intended for businesses, warning that financial institutions should not take advantage of entrepreneurs by charging high interest rates on funds meant to stimulate growth.
He said making such financing accessible and affordable would help more businesses expand, invest in production and create employment for ordinary Malawians.
They argue that the real problem is not what Malawi produces, but what happens after production. The proposed solution could reshape industries, create employment and keep more wealth within the country.
Mwanza Central Member of Parliament Felix Njawala said the country has for years exported commodities such as cotton only to import finished products manufactured from the same raw materials.
He argued that every export of unprocessed goods also sends employment opportunities and industrial growth beyond Malawi’s borders.
According to Njawala, promoting value addition would enable local industries to process raw materials into finished products, creating jobs, increasing exports and helping the country earn more foreign exchange.
He said the approach would also reduce dependence on imported goods and place Malawi on a stronger path towards economic transformation.
Njawala further urged government to closely monitor the disbursement of affordable financing intended for businesses, warning that financial institutions should not take advantage of entrepreneurs by charging high interest rates on funds meant to stimulate growth.
He said making such financing accessible and affordable would help more businesses expand, invest in production and create employment for ordinary Malawians.
4 thoughts on “Malawi told to stop exporting jobs”
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This is exactly out sider nation being developed, check on bukina Faso hold the raw materials and start to manufacturing by own meaning more foreign currency will get by that.
I really agree to this proposal. It is definitely the great idea.
I support your wisdom Mr Felix Njawala. Remain blessed
At the stage our economy is, we can’t afford to be choosey on what to export and what not to! Let’s export ANYTHING and EVERYTHING exportable in whatever form. By and by we will develop our industrial base and start exporting finished products. By the way, highly industrialised countries still export unprocessed commodities like Soy Beans, wheat, corn etc. I have in mind the US, Brazil, Argentina, Russia, Ukraine even China
Exactly we need to have things made in Malawi not only produced in Malawi.
If you can produce why not to manufacture.
Let’s hold our resources to grow economy