Tag Archives: Dr. Grant Kabango

Business, Lifestyle

Grant Kabango on a mission to sell Malawi’s Diaspora Investment outreach as Amb. Sawerengera charms South Bend

Elwin Mandowa
Kabango in Dallas
A great night discussing Investment Opportunities available in Malawi with the engagement team: His Excellency Edward Sawelengela Malawi Ambassador, Dr. Grant Kabango Deputy Governor – Economics and Regulation Reserve Bank of Malawi, Mr Mizati Principal Political Officer, Ministry of Foreign Affairs and International Cooperation, Mr Clement Kumbemba CEO Malawi Investment & Trade Center – Photo By Michael Matengula

South Bend, Indiana(MaraviPost): Last Saturday December 16th Malawi Diaspora listened and sparred with a delegation of Malawi technocrats and Politicians led by Dr. Grant Kabango who serves as Deputy Governor of Economics and Director of Reserve Bank of Malawi and Ambassador Edward Y Sawerengera based in Washington DC.

The Meeting was organized by The Reserve Bank of Malawi in Conjunction with Malawi Investment and Trade with the Support of the Malawi Embassy in Washington DC to sell the Diaspora Investment initiative that has the approval of Malawi Parliament and of course the Peter Mutharika led Government. Continue reading Grant Kabango on a mission to sell Malawi’s Diaspora Investment outreach as Amb. Sawerengera charms South Bend →

Business, Malawi

Malawi Opportunity Bank opens model service centre in Salima

Maravi Post correspondent
Bernard Mkandawire
Bernard Mkandawire

SALIMA-(MaraviPost)-Opportunity Bank of Malawi (OBM)’s customers in the lakeshore district of Salima will be able to have asset financing transactions following the opening of the model service centre at the Boma.

This comes barely a few months after the bank closed down two service Centres in northern region and Nsanje district over poor business climate.

With about MK80 million spent on the facility, customers will be able to access loans, sending and buying goods and services from other countries.

Speaking to The Maravi Post on Wednesday after gracing the official opening of the model service centre, Dr. Grant Kabango of Reserve Bank of Malawi (RBM) expressed gratitude over facility saying will boost business among traders.

Dr. Kabango emphasized the need for financial institution to invest in tourism and attraction areas in order to facilitate business transactions where government will be able to collect enough revues for the country’s economic growth.

“The opening of this model service centre signifies how economic climate the nation is heading to. Financial institutions should invest much in upcoming townships which are also closer to the lake for boosting tourism sector.

“RBM will continue providing proper policy guidance on how best banks can work perfectly in serving the general public,” said Dr. Kabango.

Echoing on the same, Felix Jumbe, Salima Central Constituency’s Member of Parliament (MP) whose area is a beneficiary of the service centre, lauded OBM with an appeal to other financial institutions to come and invest in the area.

MP Jumbe said the area still has enough land for business venture of any kind.

“My dream of turning Salima into a modern city is fast becoming a reality. With the coming of financial institution of this nature definitely will boost business among traders as will be able to access loans for their growth, ” said Jumbe.

Bernard Mkandawire, OBM’s Deputy Chief Executive Officer assured its customers of continued quality financial services with plans to open other model facilities in different places across the nation.

Mkandawire hinted that his company will always go where it sees business environment is variable with in mind to penetrate untapped markets especially in rural areas where there is potential on tourism.