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MSE CONDUCTS BUSINESS BREAKFAST ON CORPORATE GOVERNANCE

The Malawi Stock Exchange conducted Business Breakfast focused on the theme of "Corporate Governance and its role in business” on 21 May 2024 at Ryalls Hotel. The event brought together key decision-makers from potential companies on the Malawi Stock Exchange (MSE), emphasizing the importance of good corporate governance practices. The event commenced at 7:30 AM with opening remarks delivered by Mr. John Robson Kamanga, the Chief Executive Officer of the Malawi Stock Exchange. In his address, Mr. Kamanga underscored the critical role that corporate governance plays in fostering transparency, accountability and sustainable growth within businesses. He highlighted the MSE's commitment to promoting good governance standards among listed companies, which in turn enhances investor confidence and market integrity.

Following Mr. Kamanga's insightful remarks, attendees enjoyed a splendid breakfast, providing an opportunity for networking and informal discussions on the morning's theme. The highlight of the event was a presentation by Mr. David Moyo, the Chief Investment Officer at NICO Capital Limited. Mr. Moyo's presentation delved into the core principles of corporate governance, illustrating how effective governance frameworks can mitigate risks, attract investment and drive long-term business success. He provided practical examples and case studies, demonstrating the tangible benefits of adhering to governance standards.

Afterward, a panel discussion followed, featuring esteemed panellists including Mr. Moyo himself, Mrs. Kelline Kondowe, the Chief Operating Officer of the Malawi Stock Exchange, and Mr. Kenneth Mmadi, General Manager of Continental Capital Limited. The panellists engaged in a thought-provoking dialogue, exploring various facets of corporate governance. To conclude the event, Mrs. Kelline Kondowe delivered the closing remarks. She restated the importance of corporate governance as a cornerstone of business integrity and resilience. Mrs. Kondowe encouraged the invited companies to prioritize governance in their strategic planning, ensuring they are well-positioned to attract investors and achieve sustainable growth.

The Business Breakfast successfully highlighted the key role of corporate governance in businesses, providing valuable insights and fostering a deeper understanding among participants. The engagement of decision-makers from potential listing companies underscored the strategic importance of this event, aiming to elevate governance standards and ultimately enhance the performance and reputation of businesses in Malawi.

“Malawi’s Global Portal”

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