Business

As Malawi continues to face challenges in balancing its economy and with job creation, some are taking on poultry farming for economic relief. Jackson Shabana, a 30-year-old civil engineering graduate from the Malawi polytechnic, and his wife Maureen, age 29 and also a graduate, are earning a living through poultry farming. The couple ventured into poultry after recognizing their salaries from their respective jobs were not enough to sustain them to the end of next month.
Small-to-medium enterprises in Malawi have formed a new group aimed at boosting exports, called SME-4X. SMEs account for a large part of the business community in Malawi, however, most only sell their products locally, at low prices, making it difficult for them to grow.
As the saying goes, one man’s trash is another man’s treasure. With Malawi facing difficult economic times and high levels of unemployment, some women and youths have found financial relief in managing and recycling waste, while improving environmental conditions.
Malawi’s economy depends predominantly on agriculture which mainly consist of subsistence farming. When selling commercially, most agricultural products are sold at low prices locally, and mainly monies realized from such sales are only enough for buying small household necessities like sugar, salt, clothes, and detergent. This is because most of them have no capacity to produce more quality crops and add value to them, to penetrate both local and international markets. Most farmers also have no access to financing.
“Harambee,” a Swahili word that literally means “pulling together,” has become a powerful strategy taken up by emerging Malawian entrepreneurs.
Malawi’s sole electricity generator and supplier announced earlier this month that the country will “experience frequent and prolonged load shedding,” citing “insufficient generation capacity within the foreseeable future.” 
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