By Jones Gadama
Young people in Malawi have been encouraged to consider investing in the Malawi Stock Exchange (MSE) as a means to boost their economic prospects.
Frank Harawa, General Secretary of the Minority Shareholders Association of Listed Companies (MISALICO), made this call during a recent Youth and Financial Literacy Summit held in Blantyre.
The summit, attended by over 200 young individuals from universities, secondary schools, and churches, aimed to educate participants on the benefits of investing in shares through the stock market.
Harawa emphasized the potential for economic gains that the MSE offers to young investors.
Wyness Yotamu Jere, Chairlady of MISALICO Youth, and Phillip Ndhlazi, a participant from Blantyre, noted that many young people lack sufficient information about the stock market.
They advocated for increased dialogue and awareness on the subject to empower more young individuals to make informed investment decisions.
The summit was financially supported by Old Mutual, highlighting the importance of partnerships in promoting financial literacy among young people.
By engaging with the stock market, Malawi’s youth can diversify their investment portfolios and work towards achieving their financial goals.
As the MSE continues to play a vital role in Malawi’s economy, initiatives like the Youth and Financial Literacy Summit are crucial in fostering a culture of investment and financial awareness among the country’s young population.
With the right knowledge and support, young Malawians can harness the opportunities available through the stock market to secure their financial futures.
