Switch to desktop

Lilongwe Asks Bushiri to Invest Back Home

Rate this item
(2 votes)
Asked to invest back in Malawi - Bushiri. Asked to invest back in Malawi - Bushiri. - File photo

Government of Malawi has opened up on the country’s renowned multi-billionaire Shepherd Bushiri, with calls that he extends his investment drive to Malawi.

Shepherd Bushiri who runs a chain of businesses under Shepherd Bushiri Investments (SBI), has been in the headlines making multi-billion investments within and beyond Africa including a recently launched SB Hotels Sparkling Waters Hotel in South Africa, launched Tuesday.

During the launch in Rustenburg, Presidential Advisor on Civil Society and Non-Governmental Organizations, Mabvuto Bamusi representing Malawi delegation, said social media reports that have portrayed that President Peter Mutharika does not like Bushiri have been very saddening.

“Those are lies and cheap propaganda. Government of Malawi is very proud with Bushiri and his achievements. 

“We hope Malawi will equally benefit from such investments which would enhance its development and economy,” he said.

Bushiri said he was compelled to invest in South Africa and other countries because of the confidence he has in the economies of those countries.

He however said apart for the multi billion worth of investments in South Africa, he is soon launching his investments projects in Malawi in April that will include hotels and other businesses worth over K18 billion.

He said President Mutharika’s opening up by sending his delegate has shown that the two parties can work together to boost Malawi’s economic development.

Sb investments boasts of a total of K869 billion kwacha worth of assets.

The SB investments is a conglomerate of a wide range of businesses focusing on mining, education, telecommunications, beverages, private charter jets and SB chain of hotels.


1 comment

  • Jacob

    Well, Im stunned ʏou all left the very further ɡreatest one fⲟr mе.?
    Daddy saaid with a teasing smile. ?It?s hat hee despatched Jеsus
    to ɗiеe for us and give uss life without end and
    ever and that due to that wee will be a family in heaѵen for millions of years.
    That?s fairly gߋod isnt it?

    Report Jacob Comment Link

Leave a comment

Make sure you enter the (*) required information where indicated.Basic HTML code is allowed.

External links are provided for reference purposes. ZODIAK MALAWI ONLINE is not responsible for the content of external Internet sites. ZODIAK MALAWI ONLINE | 2015 ZODIAK IT TEAM DESIGN. All rights reserved.

Top Desktop version

Main Menu