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Stock exchange outlines plans to enhance participation

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Cosmas Chigwe

The Malawi Stock Exchange (MSE) has revealed plans to enlighten teachers on its mandate and market operations to effectively roll out stock market education in the country’s secondary schools.

This follows incorporation of the stock market into the national syllabus three years ago.

The MSE believes this, coupled with enhanced use of digital platforms for engaging potential investors, would improve participation in the local bourse activities.

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MSE Chief Operating Officer Kelline Kondowe said there was a knowledge gap which affected roll out of the market’s education initiative.

“Apart from that, we are utilising the digital platforms that are available including the WhatsApp chat board which we have already introduced but, going forward, we want to be available on a number of digital platforms where most people are,” Kondowe said.

Stock market analyst Cosmas Chigwe said the initiative is good because MSE alone cannot advertise enough to woo investors into the market, let alone attract new listings.

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“Most Malawians, even those in the financial sector, do not know how to invest because the knowledge and means of investing are not readily available. Therefore, MSE should engage stockbrokers with such technologies so that, at one’s fingertips, they should be able to learn about investments on the market,” Chigwe said

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