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THE MALAWI STOCK EXCHANGE’S MZINGA INCUBATION PROGRAM SECOND QUARTERLY MEETING

The Malawi Stock Exchange successfully held the second quarterly workshop of the Mzinga Incubation Program on 19 July 2024 at Protea Ryalls Hotel. The central theme for the workshop was on the topic of Corporate Finance which is essential for the sustainable growth and development of companies and critical in determining their valuation. The event brought together key stakeholders, corporate advisors and incubation participants to review progress and share insights. The meeting commenced with opening remarks from Mr. John Robson Kamanga, Chief Executive Officer of the Malawi Stock Exchange. He welcomed the attendees and emphasized the importance of the incubation program in fostering business growth and innovation. Following the opening remarks, corporate advisors and incubation participants presented their progress reports. Participants from Combine Cargo, Unified Technologies, Nagowa Finance Limited, Wealthnet Finance, Ziweto Enterprise and Agro Input Supplies Limited shared their experiences and insights gained from the program. Corporate advisors from CDH Investment Bank, Bridgepath Capital Limited, Old Mutual Investment Group, NICO Capital Limited and FDH Financial Holdings provided updates on their clients' progress.


A tea break allowed attendees to network and discuss the presentations informally. After the break, Mr. Cuthbert Mnyenyembe, Head of Listed Investments at Old Mutual Investment Group, delivered a detailed presentation on corporate finance. His presentation covered key financial strategies and practices essential for the growth and sustainability of incubated businesses.
A discussion session followed, providing a platform for an open exchange of ideas, addressing challenges and exploring potential solutions. The meeting concluded with closing remarks from Mrs. Kelline Christabel Kondowe, Chief Operating Officer of the Malawi Stock Exchange. She expressed gratitude to all participants and corporate advisors for their contributions and encouraged continued collaboration and support for the incubation program. The meeting was a significant step forward in the Mzinga Incubation Program, highlighting the progress made and setting the stage for future growth and success.

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