Namibian business tycoon to invest in aviation industry
A United States-based Namibian business tycoon Brian Nalisa has expressed interest to invest in airline business in Malawi to provide direct flights between Lilongwe and some European countries.
Currently, Malawi does not have any direct flights to and from Europe since British Airways stopped its flights more than a decade ago.
Nalisa told the Malawi News Agency (Mana) in an interview that Malawi has the potential to grow economically if given enough exposure.
“Since I was born, I never knew Malawi but my coming has given me an opportunity to see where it is lacking and what is available for investors. More international investment would create employment and growth for the economy,” he said.
Nalisa said it for this reason that he feels a direct international flight straight from Kamuzu International Airport (KIA) to Europe or the United States of America would be the best investment he can offer Malawi given the opportunity to assess the business environment.
He said Malawi needs to market itself to the international world so that there is more investment that would boost the economy.
“I have a lot of plans and I had lots of discussions with people. We have seen a lot of potential and we are about to take a tour just to see areas that need investment,” said Nalisa.
The entrepreneur has investments in the tourism, mining, manufacturing and transport sectors including airline business in some African countries such as Namibia, South Africa and Kenya.
Malawi’s aviation industry is not fully exploited but experts have argued that it has the potential to grow.
Meanwhile, Malawians are this year waiting with bated breath the resumption of national flag carrier flights by Malawian Airlines Limited formerly Air Malawi Limited, which is in partnership with Ethiopian Airlines.
actually i am beggining to dislike this word potential. malawi has the potential for this and that has been a song that never ends but just like a song nothing happens after that. I am tired. When will these potentials be realised to better people’s lives???????????????????
This Nalisa guy never knew Malawi since he was born???? And he wants to invest in a country he doesnt know? And he wants to take a tour to check on what to invest in, meaning that he is not decided? Why cant he start by connecting Namibia to Europe??
Some of these investors should be taken with caution!
I suggest your journalist do a minimum of due diligence. Just go to google and look up the recent history of this person. You can draw your conclusions.
investors are always welcome as long as they have good intentions and they have a reputable character…otherwise if the person’s reputation is questionable then the company where he or she will invest in will suffer from the negative impact of this step… aviation companies like http://www.stsaviationgroup.com/dnn/ComponentSolutions.aspx or any company, no matter how huge or small should take serious considerations with regards to accepting investors and for me in my humble opinion the credibility should come first…no matter how big is the need for additional operating capital is…this way they are protecting both their company’s overall financial needs and public perception as well.