One of the local economic empowerment lobby groups –has expressed concern over government’s unwillingness to adopt the national economic empowerment policy.
The concern from the Economic Empowerment Action Group (EEAG) comes as governments have long been sidelining the policy from priorities.
In an interview,( EEAG’s) Executive Director Thenson Chinjala positively suggested that policy if put to use, will reduce the extreme gap that exist between the richest and the poorest by giving power to the poor.
Chinjala is of the view that Malawians are only actively involved in politics and activism but they lack behind in running their own economy, arguing that the weak policies have allowed more foreigners running strategic businesses.
“Since we registered our organization six years ago, we have continued advocating for government to start implementing positive economic policies that could improve the country’s economic landscape.
“For instance, we say, Malawi needs indigenous oriented policies to regulate the market in order to empower the less privileged locals who are spectators in their owneconomy.” Chinjala said.
According to Chinjala government of other countries have already implemented such laws and progress in development has been tremendously seen.
He cited South Africa, Zambia and Zimbabwe whose pro indigenous business policies have raised entrepreneurship levels.