Old Mutual (Malawi) Limited has pumped MK11 million towards hosting of Economic Association of Malawi (ECAMA) and the Institute of People Management Malawi (IPMM) conferences.

MK6 million is for ECAMA conference slated for November 14-15, 2024 at Nkopola Lodge in Mangochi and the conference will be held under the theme: “Economic Priorities for a Vulnerable Economy” while MK5 million is for IPMM conference.

Speaking after the handover ceremony of the dummy cheque to the two institutions Old Mutual investment Group Head of Alternative Investment Mphatso Kasalika said as the company is celebrating 70 years anniversary felt duty bound to support the two institutions.

“Old Mutual is committed to supporting initiatives that promote economic development and resilience in Malawi. We believe that our partnership with ECAMA and IPMM will provide a valuable platform for knowledge sharing, networking, and collaboration,” said Kasalika.

On his part ECAMA Secretary General James Kenani hailed Old Mutual for the timely donation and urged other companies in the country to emulate the same.

Turning to the Lake Conference Kenani said that this year’s conference is centred on economy.

“Economists at this events will discus what are the best economic models which Malawi should use going forward taking into accounts the challenges the country facing such as drought, floods and others,” said Kenani.

Concurring with Kenani’s remarks IPMM Executive Director Willy Nkhoma assured Old Mutual that the money will be used for the intended purpose.

IPMM conference will be held under the theme: “Navigating the new World of Work: Empowering people, embracing change, and fostering resilience in a rapidly evolving and turbulent economic environment.”