By Happy Milanzie
Lilongwe, October 9, Mana: Minister of Mining, Monica Chang’anamuno, has urged Malawians to invest in stock markets to harvest abundant as the government is talking about inclusive worth creation.
She made the remarks in Lilongwe when Illovo Sugar Company and Minority Shareholders Association of Listed Companies (MISALICO) organized civil servants capital markets financial literacy.
Chang'anamuno said Malawians can create their worth through shareholding because it is one of channels that they can use to make money.
Malawians are being encouraged to buy shares with a minimum amount of K50 per share.
"This is a good ideology for pulling the lives of citizens into prosperity as the channel is a bit cheaper for residents and everyone has accessibility to invest in stock market," she said.
Chang'anamuno highlighted that the coming in of these opportunities must rise up civil servants including some individual workers that are interested to invest in stock market.
She urged people to invest in mining industry saying about two companies have already registered and many others are coming to do business in the country.
"It is impressive that companies are putting opportunities on the table and selling shares publicly. We believe that Malawians will invest in stock market to attain prosperity," Chang'anamuno said.
Secretary for MASALICO, Frank Hawara, was excited to see companies calling upon Malawians for the import aspect of making money.
"In past years it was difficult for companies to publicly urge citizens to invest and do business with them. So, this must energize minds of Malawians now that the doors are open for everyone," he said.
Harawa said there is need to reach Malawians in rural areas saying everyone can afford to buy shares.