{"id":6479,"date":"2021-09-23T19:26:55","date_gmt":"2021-09-23T19:26:55","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/roads-authority-for-local-company-empowerment"},"modified":"2021-09-23T19:26:55","modified_gmt":"2021-09-23T19:26:55","slug":"roads-authority-for-local-company-empowerment","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/roads-authority-for-local-company-empowerment","title":{"rendered":"Roads Authority for local company empowerment"},"content":{"rendered":"

Africa-Press<\/a> – Malawi<\/a>. <\/strong><\/span>Roads Authority (RA) has said the country can do better if local construction companies were entrusted to carry projects which have for long been monopolized by foreign construction companies.<\/p>\n

Roads Authority\u2019s Chairperson, Joe Ching\u2019ani, made these remarks on Monday in an interview with Malawi News Agency (Mana). \u201cMalawian construction entities should have a major share in the national cake in as far as the construction industry is concerned, because you are sure they will employ Malawians.\u201d<\/p>\n

\u201cNot only if you accord construction business to local firms, you are sure of having a widened tax base and assured that they will not externalize foreign exchange,\u201d he said.<\/p>\n

Ching\u2019ani said that Malawi could close the widened gap between the rich and the poor, creating a balance middle class in the process. \u201cThe gap between the rich and the poor is getting wider because we are giving construction business to foreign construction firms,\u201d he added.<\/p>\n

Ching\u2019ani said that there are three key issues that have proved to be stumbling blocks in the executions of duties of RA. \u201cVetting, trust on foreign firms and the Integrated Financial and Management Information System (IFMIS) have for long been the giant challenges which as a country must address for its national development,\u201d the Board Chair explained.<\/p>\n

He said that IFMIS has for long led to the stagnation of many flagship road projects which could cushion economic challenges and reduce some of the road accidents.<\/p>\n

\u201cIndeed because of IFMIS, some contractors take three months on the construction site before any penny is given to them.\u201d<\/p>\n

\u201cHow can they pay workers and where can they get money to buy construction materials? Can a layman understand how IFMIS works and the misery it has caused in the construction industry?\u201d he asked.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Malawi. Roads Authority (RA) has said the country can do better if local construction companies were entrusted to carry projects which have for long been monopolized by foreign construction companies. Roads Authority\u2019s Chairperson, Joe Ching\u2019ani, made these remarks on Monday in an interview with Malawi News Agency (Mana). \u201cMalawian construction entities should have […]<\/p>\n","protected":false},"author":84,"featured_media":6478,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[233,371,2517,234,2518],"class_list":["post-6479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-malawi","tag-joe-chingani","tag-malawi","tag-roads-authoritys-chairperson"],"yoast_head":"\nRoads Authority for local company empowerment - Malawi<\/title>\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\/roads-authority-for-local-company-empowerment\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Roads Authority for local company empowerment\" \/>\n<meta property=\"og:description\" content=\"Africa-Press – Malawi. Roads Authority (RA) has said the country can do better if local construction companies were entrusted to carry projects which have for long been monopolized by foreign construction companies. 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