Advertisement
National

African Union urges law on youth business

Advertisement

The African Union (AU) has proposed that Malawi should have a bill on youth entrepreneurship so that youth are properly taken care of as far as business is concerned.

AU Resident Representative for Southern African Regional Office (Saro) Auguste Ngomo says while youth may be given skills and funds to roll out their businesses, there is need for more interventions so that their businesses are sustainable.

AU is promoting an initiative that every year 100 youth must be given opportunities to operate big businesses where they can also employ others.

Advertisement

Speaking at Kamuzu International Airport in Lilongwe on arrival of 24 youths who underwent a three-week training in China, Ngomo said Malawi must fight hard to harness the youth dividend.

“We ask the government to issue a special bill, we call it a Youth Business Act. In it, we are proposing that for business to grow, it should be protected and promoted. For example, they can be allowed to import materials for the business duty-free.

“On tax, they can be exempted from paying it the first two years. Then the business will grow big and afterwards they will be paying alot of money as tax. We are also proposing that government should provide markets for youth businesses,” Ngomo said.

Advertisement

One of the youth who underwent the training, Deliwe Makata of Women Inspire, said she has learnt that with dedication and hard work, Malawian youth can significantly contribute to the development of their own lives and the country as a whole.

“Looking at what China has done within a short time, we are convinced that, with practical vision and focus, we can achieve the same things. We all have the potential,” she said.

Presidential Adviser on Youth Affairs Nsongazaudzu Sajeni, who accompanied the youth to China, said the Asian country’s development success is something Malawi should learn from.

The seminar was sponsored by the Chinese Embassy in Malawi in response to a request by the AU.

Facebook Notice for EU! You need to login to view and post FB Comments!
Advertisement
Tags
Show More
Advertisement

Related Articles

Back to top button
Close

Adblock Detected

Please consider supporting us by disabling your ad blocker