The 13-counter Malawi Stock Exchange (MSE), which has not listed any company since 2008, has urged the private sector to take advantage of the market as a capital raising avenue.
As part of the campaign, the local bourse has organised a stock market symposium on July 26 in Blantyre under the theme Creating Wealth and Value through Listing which will be presided over by the Reserve Bank of Malawi (RBM) Governor Dalitso Kabambe.
In an interview on Wednesday, MSE operations manager Esnat Chilije said the symposium aims to sensitise companies to how they can raise capital through various platforms available on the capital market.
She said: “The stock market symposium presents an opportunity for companies to obtain insights and practical solutions to capital raising through the MSE.
“The platform will enable companies to interact with key stakeholders in the capital market and hear from others who have gone through the process.”
During the symposium, a number of market players will make presentations covering areas such as the regulations surrounding listing, experiences of other listed companies and how they have benefited from listing and the capacity and investment appetite of major investors in the market.
Local market analysts have recently challenged market players to play a part in attracting investors to make use of investment avenues provided by the stock market such as the alternative stock market, which has not listed any company todate.
In an earlier interview, Elsie Munthali of Horizon Health said their company is currently consolidating its process but views the stock market as an interesting avenue for raising capital.