{"id":20485,"date":"2022-04-14T19:29:08","date_gmt":"2022-04-14T19:29:08","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/old-mutual-malawi-geared-to-help-address-malawis-social-economic-problems"},"modified":"2022-04-14T19:53:10","modified_gmt":"2022-04-14T19:53:10","slug":"old-mutual-malawi-geared-to-help-address-malawis-social-economic-problems","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/old-mutual-malawi-geared-to-help-address-malawis-social-economic-problems","title":{"rendered":"Old Mutual Malawi geared to help address Malawi\u2019s social economic problems"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>Old Mutual Malawi limited says it is committed to playing a leading role in addressing some of the social economic problems facing the country through its member company Old Mutual Alternative Investment Group (OMIG).<\/p>\n

This has been said by OMIG Managing Director Mark Mikwamba who among others said the company is interested to invest in three thematic sectors which include Agriculture, Infrastructure and private equity. According to Mikwamba the company has set up a structure that directly respond to the needs of the economy.<\/p>\n

\u201cWe have a fund specifically focusing on agriculture that will embrace the whole agriculture value chain, energy or other infrastructure needs and private equity where We are trying to see how best we can structure financial inclusion and have an impact in terms of the retail sector of the economy\u201d he said.<\/p>\n

Mikwamba also expressed satisfaction with the response from clients from the time Old Mutual Alternative Investment was launched on 24 March 2022 saying the response has been very good exceeding the company\u2019s expectations.<\/p>\n

\u201cWe already have commitments from clients in each of the respective areas of investments we are looking for. We have a very good pipeline of investments. So, I think we are very excited, the returns that we are expecting are very competitive and that clients which are largely pension funds can actually reflect in the future and say we did investments and we benefited from those investments\u201d he said.<\/p>\n

Going further, Mikwamba said people should expect Old Mutual Malawi limited through OMIG to do its part in the economy addressing social economic issues as a responsible business.<\/p>\n

So far, OMIG has constructed hostels at the Kamuzu University of Health Sciences and has made significant investment through its Ulimi fund into Gala Agriculture Company which is running Macadamia nut plantation in the country that operates 12 farming estates in the outskirts of Lilongwe.<\/p>\n

These investments are said to be significantly helping to improve the wellbeing of surrounding people through job opportunities hence directly impacting the economy.<\/p>\n

For More News And Analysis About Malawi<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Malawi. Old Mutual Malawi limited says it is committed to playing a leading role in addressing some of the social economic problems facing the country through its member company Old Mutual Alternative Investment Group (OMIG). This has been said by OMIG Managing Director Mark Mikwamba who among others said the company is interested […]<\/p>\n","protected":false},"author":84,"featured_media":20484,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,12],"tags":[233,371,307,234,4465,4322],"class_list":["post-20485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-policy","tag-africa-press","tag-africa-press-malawi","tag-economy","tag-malawi","tag-mark-mikwamba","tag-old-mutual"],"yoast_head":"\nOld Mutual Malawi geared to help address Malawi\u2019s social economic problems - Malawi<\/title>\n<meta name=\"description\" content=\"Old Mutual Malawi limited says it is committed to playing a leading role in addressing some of the social economic probl ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/old-mutual-malawi-geared-to-help-address-malawis-social-economic-problems\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Old Mutual Malawi geared to help address Malawi\u2019s social economic problems\" \/>\n<meta property=\"og:description\" content=\"Old Mutual Malawi limited says it is committed to playing a leading role in addressing some of the social economic probl ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/old-mutual-malawi-geared-to-help-address-malawis-social-economic-problems\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-14T19:29:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-14T19:53:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/04\/img-62587b81d4e72.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"461\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/old-mutual-malawi-geared-to-help-address-malawis-social-economic-problems#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/old-mutual-malawi-geared-to-help-address-malawis-social-economic-problems\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Old Mutual Malawi geared to help address Malawi\u2019s social economic problems\",\"datePublished\":\"2022-04-14T19:29:08+00:00\",\"dateModified\":\"2022-04-14T19:53:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/old-mutual-malawi-geared-to-help-address-malawis-social-economic-problems\"},\"wordCount\":356,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/old-mutual-malawi-geared-to-help-address-malawis-social-economic-problems#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/04\/img-62587b81d4e72.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"economy\",\"Malawi\",\"Mark Mikwamba\",\"Old Mutual\"],\"articleSection\":[\"all news\",\"homepage-english\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/old-mutual-malawi-geared-to-help-address-malawis-social-economic-problems#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/old-mutual-malawi-geared-to-help-address-malawis-social-economic-problems\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/old-mutual-malawi-geared-to-help-address-malawis-social-economic-problems\",\"name\":\"Old Mutual Malawi geared to help address Malawi\u2019s social economic problems - 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