Business and economic stakeholders have expressed mixed views on the composition of the Presidential Private Sector Council (PPSC), stressing that there was lack of transparency in appointing the members.
This follows the release of names of members of the council by Secretary to the Office of the President and Cabinet Colleen Zamba, last week.
The names include those of Malawi Confederation of Chambers of Commerce and Industry President Lekani Katandula, economist Betchani Tchereni, founder of First Capital Bank Hitesh Anadkat, Old Mutual Malawi Group Chief Executive Officer Edith Jiya and mining expert Grain Malunga, among others.
In an interview, President of Indigenous Business Association of Malawi Mike Mlombwa said the composition excludes players from other business establishments.
“They have considered big corporates and most of the people are theoretical.
“The advisers of the President should have considered at least two hands-on business people from each region.
“They should not be blinded by the education of the people that have involved. Next time, they should consider people on the ground,” Mlombwa said.
Economist Murray Siyasiya lamented the lack of transparency by the government in the selection of council members, indicating that it was important to have a fair and transparent process to instill confidence in people.
“Another consideration is the cost-effectiveness of the council’s initiatives. Will the allocated resources be sufficient to make a significant impact and is the expected outcome worth the investment?” Siyasiya wondered.
One of the members of the council, Katandula, welcomed the appointment.
“We will do our best. It is our country and we must all do our best to keep improving our economy sustainably,” Katandula said.
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.