IBAM sets nationwide growth plans


The Indigenous Business Association of Malawi (Ibam) says it plans to launch the Association within the second half of the year with an expanded scope to incorporate entrepreneurs spread across the country.

As one way of achieving its strategy, Ibam says it plans to hold regional meetings across the country to court Small and Medium Enterprises (SMEs) into joining the Association.

President of the Association, Mike Mlombwa, made these revelations in Blantyre on Wednesday when announcing Ibam’s expansion plans to increase the contribution local businesses make to the economy.


“We can achieve more if our activities are coordinated and we believe by expanding the scope of Ibam, we would be able to fulfill some of our goals,” he said.

According to Mlombwa, the regional meetings are to be followed by a national launch of the Association.

“We want to reach out to all local business operators in the country, regardless of size and capacity. That way, we can all speak as one voice to help influence policy,” he said.


Mlombwa reiterated the need for government to adopt an indigenisation policy to create an enabling environment for local businesses to compete more favourably with multi-nationals.

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