Woman Power

17/02/2022

Women, it's your time

Register to join here
https://bit.ly/3Bm4o3v

01/02/2022

If you are a female enterpreneur running a registered business in Malawi, make it a priority to join the COMESA Federation of Women in Business (COMFWB) Malawi Chapter.

Visit Comfwb Malawi Chapter page and like it. Planetarium Institute is facilitating membership mobilization for female entrepreneurs across the country. Do not miss this!!

04/05/2021

OPPORTUNITY FOR FEMALE ENTREPRENEURS
Planetarium Institute through Women in Business Malawi wants to apply for funding in response to a “call for proposals: enhancing women entrepreneurship enablers for stronger women SMEs in Africa” published by AfDB. The call is under their Affirmative Finance Action for Women in Africa (AFAWA) project which is targeting Women SMEs [WSME] operators. The project wants to empower enablers like Planetarium Institute so that they support WSME operators unlock their challenge of access to capital. We identified collateral as the main challenge however, other critical factors include: "lack of audited accounts; lack proper financial literacy and financial records; poor business model; poor sales and marketing skills; poor visibility; investor non-readiness businesses; failure to write convincing grant proposals; no strategic plans" etc. The project wants to address these other bottlenecks to allow female entrepreneurs unlock the challange of lack of access to capital.

If successful, Planetarium Institute will target 100 WSME operators and two cooperatives [with high female membership]. For the 100 WSME operators, it is expected of them to:
1) Have a viable business;
2) Have 3-5 full time employees;
3) Be making at least MK300,000 in sales per month;
4) Have a duly registered business in Malawi

Female entrepreneurs who meet the above mentioned criteria must express their interest: fill in the form by clicking this link, https://forms.gle/HdJEgiTBQs7EG6L69

Best regards
Planetarium Institute
05/05/2021

This form is collecting information about female entrepreneurs who Planetarium Institute would like to apply on the behalf under the Women in Business Malawi. It is a submission in response to the call for proposals on enhancing women entrepreneurship enablers for stronger women SMEs in Africa

26/02/2021

INDUSTRY MINISTER URGES SMEs TO BE SERIOUS ON STANDARDS: MBS SLASHES CERTIFICATION FEE BY 50 PERCENT
Minister of Industry Honourable Roy Kachale Banda has urged Small and Medium Enterprises in the country to ensure their products are meeting required standards for them to compete favourably on the market.

The minister has also asked the SMEs to be realistic on pricing saying the ministry has noted that some local enterprises over charge their products for bigger profits the situation that is discouraging others from doing business with the SMEs.

"SMEs should have their products certified to be able to compete on the market, they should also be realistic on pricing" said the minister.

On Wednesday 24th February 2021 Kachale launched Malawi Bureau of Standards sponsored training on standards and certification process for SMEs at Mount Soche Hotel in Blantyre.

On the training, the minister applauded MBS and Small and Medium Enterprises Development Institute (SMEDI) for the innitiative which is also expected to contribute to the creation of one million jobs, one of the priority agendas of Tonse government.

MBS Director General Mr Symon Mandala said the trainings have been tailor made for SMEs with the aim of ensuring that they (SMEs) understand and are able to implement relevant Malawi Standards in their product and service realisation process.

He also disclosed that the Bureau has reduced by 50 per cent, certification fees SMEs pay to have their products certified. However, Mr Mandala said the reduction will not compromise standards.

The launch of the training sessions follows the signing of a Memorandum of Understanding between MBS and SMEDI to help more SMEs have their products certified.

The first set of the training sessions started on 24th and ended on 26th of February 2021 in Blantyre and Mzuzu.

21/02/2021

Stupid people learn from their mistakes while wise people learn from mistakes of others ~ Dan Lok.

What are your thoughts?

20/02/2021

Information Age vs industrial Age
Means of production can now be rented: the entire supply chains can be borrowed a little more than the marginal cost of the underlying products entrepreuneurs produce. The basis of competition is often on design, business model, or technological acumen.....

How is your business fairing?

Adapted from Eric Ries ~ Author, The Lean Start-up and The Start-up Way

13/02/2021

Watch Mai Mbambande with Nomonde Sambakunsi on https://www.facebook.com/Mai-Mbambande-103612021501307/

11/02/2021

NOMINATE TEMWANI CHILENGA
There is a competition by Eli Njuchi, the Brand Ambassador for Fadeth Furnishers. Fadeth Furnishers is giving a way a brand new high tech sofaset to any deserving Malawian. Planetarium Institute believes that Temwani Chilenga (a primary school teacher at Chambu Primary School in Lilongwe who supports vulnerable and disadvantaged children) deserves this award. How to do it: nominate TEMWANI CHILENGA so that she gets 10 000 likes. Click on the link below, "Eli Njuchi page" and type in the comment section, "I nominate Temwani Chilenga":

https://m.facebook.com/story.php?story_fbid=270052331151136&id=100044391130590

05/02/2021

The Tonse Alliance campaign promise pledged 1,000,000 jobs in a year (2020/2021 especially). This was greeted with vehement criticism and disbelief.

Why do you think it is not possible for Malawi to create 1,000,000 jobs in one year?

29/01/2021

MEET THE FOUNDER
Meet Ms. Fatsani Chinunda, a Legal Assistant at Atkin Chambers. She is a President and Founder of Startup Legal, a social enterprise currently undergoing formalization processes.

She is passionate in entrepreneurship and innovation, and would like to use her legal expertise to advance the cause of startups and entrepreneurs in Malawi.

Please like the page to get more updates from Startup Legal.

26/01/2021

https://www.facebook.com/100416698260448/posts/244797897155660/