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TEVETA Partners SMEDI In Small Entrepreneurship Development

TEVETA Partners SMEDI In Small Entrepreneurship Development
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COSOMA partners with SMED in privision of skills development, capacity building and linkage support in creative sector

By Chisomo Phiri On Thursday last week, the Copyright Society of Malawi (COSOMA) and Small and Medium Enterprises Development Institute (SMEDI) signed a memorandum of understanding on provision of skills development, capacity building and linkage support to Micro, Small and Medium Enterprises ( MSMEs ) in the creative industries sector. The Memorandum of understanding has been approached as COSOMA waits to construct the school of arts through the integrated Arts Development Project where SMEDI will in meantime provide trainings. According to the Copyright Society of Malawi (COSOMA) Executive Director and Copyright Administrator Mrs. Dora Makwinja the agreement is a timely intervention. “We are glad to partner with SMEDI in pursuit of enhancing the skills of our members in financial literacy, entrepreneurship and marketing among others. We thank the team from SMEDI for accepting to work with us” said Makwinja.

Be serious on quality, pricing -Kachale urges SMEs

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. He was speaking in Blantyre on Wednesday 24th February 2021 when he launched Malawi Bureau of Standards sponsored training on standards and certification process for 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.

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