Saturday, August 20, 2022
  • About Us
  • ImagiNATION
  • Rate Card
  • Contact Us
The Nation Online
Advertisement
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Chichewa
  • Enation
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Chichewa
  • Enation
No Result
View All Result
No Result
View All Result
Home Business Business News

Ibam urges govt to invest in railway

by Staff Writer
28/11/2012
in Business News
2 min read
0
Share on FacebookShare on TwitterShare on WhatsAppShare on LinkedinLinkedinShare via Email

The Indigenous Business Association of Malawi (Ibam) has urged government to invest in railways as a way of reducing landed costs of goods and; hence, heal the country’s ailing economy.

Ibam was commenting on accidents involving two Central East African Railway (Cear) cargo trains which derailed in Blantyre last week.

Ibam president Mike Mlombwa said in an interview last week that government should invest in railways to avoid such accidents in future and ensure efficiency in the railway transport.

“An efficient railway system will not only help to reduce accidents, but also reduce costs of goods and raw materials.

“Most of Ibam members are small and medium-scale entrepreneurs who prefer railway to road transport as a means of transport. But with such accidents, it is becoming scary to use the railway system,” he said.

Cear director of marketing Wilfred Ali said they are yet to establish the cause of the accidents.

“I currently have nothing tangible as regards the cause of the accidents as our engineers are still investigating the matter,” he said.

He, however, bemoaned rampant vandalism on Cear rail sleepers and tracks which he said cause trains to derail.

Ali said rehabilitation of the railway system has started at Kanengo, but expressed the need for a thorough upgrading of the whole system.

Previous Post

Malawi lists diabetes prevention as priority

Next Post

CfSC asks govt to be transparent on taxes

Related Posts

Business News

Ecobank Malawi rolls out new digital promotion

August 19, 2022
Business News

Slow pace of development worries Planning Commission

August 19, 2022
Business News

Firms decry proposed electricity tariff hike 

August 19, 2022
Next Post

CfSC asks govt to be transparent on taxes

Opinions and Columns

My Turn

Diagnostic tech cost on patients

August 19, 2022
Business Unpacked

Why public debt should worry every patriotic Malawian

August 18, 2022
Rise and Shine

How to triumph in interviews

August 18, 2022
My Turn

Making briquettes at Malasha

August 15, 2022

Malawi-Music.com Top10

Trending Stories

  • Challenged the sale: Chakaka-Nyirenda

    Court nods to transfer of bus depots

    0 shares
    Share 0 Tweet 0
  • 3 prisoners ‘forgotten’ on death row

    0 shares
    Share 0 Tweet 0
  • Court reinstates Namalomba in PAC role

    0 shares
    Share 0 Tweet 0
  • My dad is proud—Daliso 

    0 shares
    Share 0 Tweet 0
  • Ecobank Malawi rolls out new digital promotion

    0 shares
    Share 0 Tweet 0

  • Values
  • Our Philosophy
  • Editorial policy
  • Advertising Policy
  • Code of Conduct
  • Plagiarism disclaimer
  • Disclaimer
  • Privacy Policy
  • Terms of use

© 2022 Nation Publications Limited. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Chichewa
  • Enation

© 2020 Nation Publications Limited. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.