Malawi Stock Exchange

sepusepu · Senior Member

Malawi Stock Exchange

game · Guru

well sepu sepu, nice to see you again mate firstly salutations to you and hope you are well.

i for one, now this may sound a bit childish but have invested so much in the motherland and its looking up,i got advise from an uncle of mine heading one of the sugar corporations,he said to me,son buy shares and sit back to scratch your balls,once your shares grow after a certain period offload them to the highest bidder.and am patiently waiting for that day. but there is one high tide. i keep having these migrains that one day these greed politictians will just destroy what i have been working my bollocks out for. it looks like calm before a shiit storm thats how i view it.

look at this sepu, in many places in malawi right now the rich are still getting richer and the poor are still where you left them,to them the world never changes and the established processes of foreign aid and development planning appear to be unable to overcome this tendency yet they are quick to applaud the governments economic perfomance,something looks shady..

i urge you to really do you maths before investing in malawi, its a good idea on paper but practical its a touchy subject. malawi like all developing countries have a modern sector where the patterns of living and working are similar to those of the developed world. when trying to do a venture like that you have to also look at the non-modern sector, accounting for the vast majority of the total population where the patterns of living and working are not only profoundly unsatisfactory but also in a process of accelerating decay.

i am concerned here exclusively with the problem of helping the poor, this does not imply that dont invest in malawi if there is a chance, who knows, maybe your investiment will bring jobs to the unemployed, but it does imply the conviction that all successes in the modern sector are likely to be illusory unless there is a healthy growth.

Pope · Guru

game, you cant reduce the gap between the rich and the poor,otherwise we cant be all rich.

game · Guru

Pope wrote:

game, you cant reduce the gap between the rich and the poor,otherwise we cant be all rich.

pope you are not serious. first let me ask you this, what is the typical condition of the poor in malawi right now? what can you do to people whose work opportunities are seriously restricted? think of people like you who are under employed, and cannot work your way out of misery unless changes are made. think of the people who left malawi to work in diaspora, what do you mean you cant reduce the gap between the rich and the poor?

rick · Senior Member

unfortunately pope is right we cant all be rich.

the gap between the rich and the poor is growing by the day.it all boils down to greed by the man.

the true nature of macroeconomics is any form of economic growth only benefits those at the top, and only makes the poor worse off.

sepusepu · Senior Member

Game

dont get me wrong for i appreciate your view on the subject. . As far as i am concerned your uncle is a smart man. The market seems to be doing well.

I am a young investor not with much to invest, my dream is to try as much as possible to save here (overseas) but at the same time build some kind of wealth in saigon. All i am trying to do is set up a foundation to build on when i go back home, whenever that might be.

I hate to have tunnel view but in this situation i am looking at the returns and not the poor or the rich. My view is to atleast try investing in malawi based corporations rather than the ones in the west.

sepu

Nanchesi · Newbie

I hope this topic will not end here without action, I investing in Malawi seems to be a great idea and I do not know much about stock exchange but I think is one the best of investing here, I once read a novel by Sheldon cant remember the title or was it Master of the Game about a man stated by buying shares and his daughter inherinted his wealth to make her one of the richest in the world and was just fascinated by the story, I hope someone out there will follow his vision ..... thus to invest in this country. And about the gap between the rich and poor here its just too wide here. The poor are really vvvvery pooor and the rich vvvvery rich and imagine a working person not being able to afford bare necessities .....

sepusepu · Senior Member

It seems i still havent got any ideas on how to go about investing in the Malawi Stock Exchange?
Your inputs are greatly appreciated.

sepu

awmygawd · Guru

sepusepu wrote:
It seems i still havent got any ideas on how to go about investing in the Malawi Stock Exchange?
Your inputs are greatly appreciated.

sepu

Google the MSE (Malawi Stock Exchange) website and visit it. There should be a section on it that lists all the stockbrokers licenced to deal MSE listed shares. Get their contact details, and get in touch with them. They will give you all the advice you need. If their details aren't on the MSE website, contact the MSE directly, they will provide you with the relevant contact details, or even actual advice as to how you you can go about investing on the MSE (which will probably end up with a referal to the stockbrokers anyway). Remember, shares are just one type of investment you can make in Malawi. There are lower risk (which usually means lower return) financial assets such as treasury bills you can invest in. You can contact the discount houses, etc for advice on that (I'll post some links later on, but a Google search for: "Discount House" AND Malawi AND "Treasury bills" should get you there. The Reserve Bank website probably has a list of all registered financial services providers in Malawi, which includes stockbrokers, discount houses, the banks, etc) from which you can get the relevant contact details.

Where are you based and who do you bank with? If you speak to one of the consultants in your local branch about what types of investments you can make and how to invest in shares in in general (domestic and international), you'll probably get some decent advice. At least they'll be able to direct you to a professional financial advisor who can hold your hand as you make your investment decisions. Many financial advisors work on a commissions basis so the direct impact of fees on your wallet could be less than you'd imagine. Just do your research and get a full understanding of the costs, risks and benefits before running away or committing yourself to anything. Good luck.

-- Edited by awmygawd at 10:58, 2007-04-27

awmygawd · Guru

Here are the links as promised. Some of the information on them isn't quite up to date (or suffucient). At the very least, you'll be able to make use of the contact details of the various institutions and contact them via phone or email.

MSE Home page: http://www.mse.co.mw/
Reserve bank home: http://www.rbm.mw/
RBM: Licensed institutions (may not be up to date): http://www.rbm.mw/data/supervision/index.asp?content=eli

Stockbrokers Malawi home: http://www.stockbrokersmalawi.com/index.html
First Discount House: http://www.fdh.co.mw/site2/index.htm
Continental Discount House: http://www.cdh-malawi.com/

-- Edited by awmygawd at 09:55, 2007-05-02