Government, through the Ministry of Trade, has partnered the Malawi Confederation of Chambers of Commerce and Industry (MCCCI) and stakeholders in the logistics industry in forming a forum to iron out challenges in movement of goods.
Speaking during the launch of the forum in Blantyre, MCCCI Chief Executive Officer Chancellor Kaferapanjira said the chamber noted that stakeholders in the industry did not have a platform to discuss challenges they face.
Figures he provided show that, in Malawi, about 53 percent of production costs go into logistics as the country is land-linked, hence the need for a systematic way of addressing possible challenges.
“We expect to see some reductions in the costs related to logistics and increased speed in the way our goods are exported and imported,” Kaferapanjira said.
Indigenous Customs and Forwarding Association President Kumbuka Kalua was elated the formation of the forum.
He further said that, apart from the country being land-linked, poor infrastructure, especially in the transport sector, is another bottleneck.
Secretary for Trade in Christina Zakeyo said the government wants to give a voice to the private sector on matters of logistics.
She added that, apart from helping the sector locally, the forum will help in the facilitation of the Africa Continental Free Trade Area which Malawi is part of.
“The private sector is the engine for economic growth; therefore, challenges meeting the sector have an impact on the government’s plans and that is why having a forum like this is very critical to everyone,” she said.
The forum, which is being championed by MCCCI, has received support from Trademark.
Justin Mkweu is a fast growing reporter who currently works with Times Group on the business desk.
He is however flexible as he also writes about current affairs and national issues.