Captains of industry are highlighting avenues through which the local private sector can benefit from the upcoming 41st SADC summit.
Malawi will between 9 and 18 August host the annual regional gathering starting with meetings of a standing committee of senior officials, a council of ministers and the main Heads of State and Governments summit.
During the summit, President Lazarus Chakwera is set to assume the chairmanship of the 16 member regional block.
Indigenous businesses, particularly the tourism sector, in host countries usually use such summits to boost their enterprises and as they take provide goods and services to foreign delegates.
Meanwhile, the Malawi Confederation of Chambers and Commerce (MCCCI) is imploring its members to collaborate with the secretariat for relevant information on how to position themselves ahead of the summit.
Despite coming at a time the Covid pandemic is devastating many African economies including that of Malawi, trade authorities are optimistic that the summit will greatly benefit the local industry.
President of the MCCCI James Chimwaza has stressed that they have to organise themselves to interface and take full advantage of the summit.
Chimwaza adds that one of the major benefits of the summit is that it will not only provide trade linkages, but also give the local industry the much needed exposure.