Sunday, 30 April 2017
 
Kachaje (L) calls on Mutharika to show commitment by making a physical assessment of ESCOM’s main stations. Kachaje (L) calls on Mutharika to show commitment by making a physical assessment of ESCOM’s main stations.

Economists Counsel Malawi Govt

Written by  Oct 19, 2016

One of Malawi’s leading economic think tanks, ECAMA, is urging the government to work towards regaining private sector confidence.

The comments are coming in light of the socioeconomic challenges facing the southern Africa nation.

There has been a voice of disapproval from the citizenry including the private sector on how social service delivery is being handled by public entities.

The unreliable utility services are being punctuated by constant power blackouts and sporadic water supply in the country’s major cities.

Speaking to Capital FM president of the Economics association of Malawi (ECAMA), Henry Kachaje said, “The general population out there needs confidence in the leadership that the leadership is doing something about it.”

The development has seen the cost of production for the industry going up, with minimal returns.

“I don’t think the business community expects a solution overnight, but I think they are expecting a demonstration that indeed the leadership is on top of things”, Kachaje said.

The public has been demanding for action from the leadership to show his appreciation of the challenges being experienced and a possible immediate solution.

However, most of the solutions that Lilongwe has on the cards to the utility inefficiencies are all long term.

Most of them would see the public starting to benefit from end 2017 going onwards.

Some of the initiatives include the power projects under the millennium challenge account, the unbundling of sole national hydro electrical power supplier, ESCOM, to allow independent power producers enter the market as well as Mozambique power interconnection.

In the water sector, there is the project to tap water from mount Mulanje in the south as well as from Lake Malawi’s Salima point in the central region.

Nevertheless, Kachaje calls for president Mutharika to show commitment by making a physical assessment of ESCOM’s main stations.

“Maybe even his spearing some time to go and appreciate the extent of the problem at Nkula, could demonstrate that the leader is on top of things.”

Power has been vital in moving the local economy as it fires up machinery in the manufacturing sector, drive the banking system, as well various economic activities that generate revenue for the country.

 

 

 

 

 

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