K A M P I N G O👑

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K A M P I N G O👑

K A M P I N G O👑

@SAMBIR0_SIBANDE

Nyasa Procures LTD. Your trusted procurement supply in MW. Man City fan. Barca laliga. Entrepreneur. MUST graduate. j-cole is the goat. fall-off best album.

Katılım Aralık 2023
1.3K Takip Edilen640 Takipçiler
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Pemphero W Mphande
Pemphero W Mphande@PempheroMphande·
Over the last 15 years or so, I have seen many people become very rich through business, some of them my close friends. Most rely on government and NGO contracts or importing goods for resale locally. I have hardly seen anyone get rich through value addition or production. They make money locally and source materials externally, mostly from South Africa, China, and Dubai. Most also spend abroad when they want to use the money made locally. What does this mean? These businesses are not export-oriented and do not generate foreign exchange. Instead, they are import-intensive and deplete forex, operating in what economists term a consumption-driven, import-led model rather than a production-led, export-driven one. Malawi exports roughly 900 million to 1 billion dollars every year, while imports range between 3 and 3.6 billion dollars, creating a persistent trade deficit of about 2 to 2.4 billion dollars per year. Last year alone, the deficit was around 2.4 billion dollars. In simple terms, Malawi earns only about 20 to 30 cents for every dollar it spends on imports. Ridiculous! Unfortunately, many of the wealthiest people today are in non-productive, rent-seeking sectors such as tenderpreneurship and import supply chains. Meanwhile, those who actually bring in forex are farmers and small traders. I know a woman who goes to South Africa, sells produce from Malawi worth about 30,000 rand, and returns with goods to sell locally. That often ignored network exporting tobacco, tea, sugar, soybeans, groundnuts, fish, and fresh produce to markets like South Africa, Zambia, Tanzania, the EU, and India is what actually adds value. I suspect that the rise in tenderpreneurship and supply businesses is why there is a forex crisis and why, although you are seeing so many big cars and more people get rich, the country’s economy has worsened and more people are still living in abject poverty. If Malawi is to fix its economy, it must shift from an import-dependent model to a production- and export-led path by investing in agriculture, agro-processing, manufacturing, and small-scale value addition. Otherwise, we will remain trapped in trade deficits, forex crises, and superficial wealth that does not translate into real development!
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Lein
Lein@Leinkeepitreal·
Gunna and Nav did an amazing Job on Yosemite one of the best songs I’ve ever listened to in my life
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Prof. Feynman
Prof. Feynman@ProfFeynman·
You're under no obligation to remain the same person you were a year ago, a month ago, or even a day ago. You are here to create yourself, continuously.
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Kamoza 🇲🇼 🇿🇲
Kamoza 🇲🇼 🇿🇲@Kamoza0104·
China is advancing so fast while they're wasting money on weapons and war.
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Sinjo Africa 🌍🇲🇼
Sinjo Africa 🌍🇲🇼@SinjoAfrica_·
Koma mabwana amava bwanj kutiuza kuti titumize CV koma olo kuisegula olo mmh🙌🏾💀😂
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Lein@Leinkeepitreal·
@SAMBIR0_SIBANDE 😂zimachitika katundu wa bello amakhala olimba
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Lein@Leinkeepitreal·
Ndima girlfriend anu a fairly used wo
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y@ysuckme·
healthier body. healthier mindset. healthier future
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y@ysuckme·
we are living in a time where the intelligent person must remain silent in order not to offend the ignorant.
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K A M P I N G O👑 retweetledi
Mwana Malawi 👑🇲🇼
Hello X family, I have BMW M sport steering wheels readily available in Lilongwe. Compatible with F chassis BMW 123456 series X123456 & E90 BMW Asking for MK 1.5M with airbag without airbag MK 1.2M (nego) +265880015154 Free BMW T-shirt or Trouser mukagula. Kindly Repost 😊
Mwana Malawi 👑🇲🇼 tweet mediaMwana Malawi 👑🇲🇼 tweet mediaMwana Malawi 👑🇲🇼 tweet mediaMwana Malawi 👑🇲🇼 tweet media
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Lawrence Kitema
Lawrence Kitema@lawrencekitema·
Your parents have been married for close to 30 years. You don’t see them as role models for marriage, but two social media couples who got married and divorced in less than two years are making you scared to get married. You see that you don’t have sense.
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ʏᴇꜱᴜ.
ʏᴇꜱᴜ.@tiidrotafrikka2·
Ive heard stories about the woman who was slapped by bwana Jomo. Akulu akulu, the only wrong thing was that it was being recorded, she’s a terrible woman! 😳😰
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