News & Events

In a move to strengthen Malawi’s manufacturing sector and support the President’s Vision of Agriculture, Tourism, and Mining (ATM) Strategy, the Minister of Trade and Industry, Sosten Gwengwe, has extended an invitation to manufacturing companies from the Commonwealth nations to explore significant investment opportunities in the country.

The invitation was made during a discussion organized by the Confederation of Indian Industry (CII) and led by the Commonwealth Enterprise and Investment Council (CWEIC), with Ankita Yadav representing the Commonwealth Chamber of Commerce in her engagement with Minister Gwengwe.

The ATM Strategy is a crucial Malawian government initiative designed to diversify the nation’s economy by leveraging its rich natural resources and promoting sustainable development across agriculture, tourism, and mining sectors. By attracting investments from Commonwealth manufacturing companies, Malawi aims to build a robust industrial base that aligns with and supports the ATM Strategy.

Minister Gwengwe emphasized Malawi’s favourable investment climate, citing its political stability, competitive labour force, and strategic location as key benefits for investors. He highlighted the government’s commitment to fostering a business-friendly environment through policy reforms and infrastructure improvements.

Malawi stands out as a prime investment destination for Commonwealth manufacturing companies due to its rich natural resources, strategic location, and investor-friendly policies. The country offers significant opportunities for businesses looking to expand operations and enter new markets. The Malawian government’s commitment to fostering a supportive business environment, coupled with the alignment of manufacturing investments with the ATM Strategy (Agriculture, Tourism, and Mining), creates a unique opportunity for mutually beneficial partnerships.

In a move to strengthen international trade relations, Union Minister for Commerce and Industries Shri Piyush Goyal and Col. Rajyavardhan Rathore, Minister of Industry & Commerce for Rajasthan, held crucial talks with a delegation from the Commonwealth Enterprise and Investment Council (CWEIC). The meeting took place on the sidelines of the 19th Africa Conclave in Delhi.

The high-profile meeting was led by CWEIC CEO Rosie Glazebrook and facilitated by the Confederation of Indian Industry (CII). Among the notable participants was Brent Malahay from Equity Bank, who contributed to the discussions. Ankita Yadav from the Commonwealth Chamber of Commerce also joined, adding depth to the dialogue.

The discussions aimed to explore new avenues for economic collaboration between India and the Commonwealth nations. Such high-level engagements are vital for fostering global economic ties and promoting mutually beneficial partnerships. This meeting highlights India’s dedication to reinforcing its trade and investment connections with the Commonwealth countries.

The CWEIC, renowned for advancing intra-Commonwealth trade and investment, plays a significant role in facilitating business connections and enhancing economic cooperation among its member nations. As India continues to expand its economic influence, these discussions are poised to lead to increased collaboration, benefiting businesses and economies on both sides.

On September 6, 1968, the Kingdom of Eswatini (formerly known as Swaziland) gained formal independence within the Commonwealth. This national holiday, called Somhlolo Day, honours King Sobhuza I (Ngwane IV), the revered founder of Eswatini, also known as ‘Somhlolo’ (The Wonder). To commemorate this historic occasion, grand ceremonies are held at Somhlolo Stadium in Lobamba, the Royal capital of Eswatini. Nationwide, local communities engage in vibrant festivities that showcase the rich cultural heritage of the nation.

A highlight of the Somhlolo Day celebrations is the captivating traditional dances performed by Swazi regiments, as well as groups of girls and women adorned in colourful attire. These energetic performances reflect the deep-rooted cultural traditions of Eswatini and are a sight to behold. Accompanying the dances are melodious songs sung by the performers, adding to the festive atmosphere. Visitors can immerse themselves in the vibrant Swazi culture, learning about its customs, arts, and way of life.