/* Generated by grunt-webfont */ /* Based on https://github.com/endtwist/fontcustom/blob/master/lib/fontcustom/templates/fontcustom.css */ @font-face { font-family: social-logos; src: 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Site icon Business Malawi

Fueling Growth: Nico Group Drives Malawi’s Economic Ascendancy

Vanessa Banda
Nico Group on expansion mission – The Times Group

Key Business Points

Nico Holdings, a leading Malawian conglomerate, has announced plans to increase its shareholding in companies based in Mozambique, Zambia, and Uganda. This move marks a significant shift in the company’s strategy, following a period of regional penetration efforts that were hindered by financial difficulties. The company’s decision to expand its regional footprint is a bold move, driven by the desire to diversify its portfolio and tap into new markets.

The expansion plans are expected to bolster economic growth in the region, creating new opportunities for businesses and individuals alike. As Nico Holdings sets up new companies in these countries, it will create jobs and stimulate local economies. This development is particularly significant for Malawian businesses, as it presents a chance to partner with a reputable conglomerate and gain access to new markets.

Nico Holdings’ experience serves as a valuable lesson for Malawian businesses looking to expand regionally. The company’s previous financial woes were a result of inadequate planning and insufficient market research. To avoid similar pitfalls, businesses must conduct thorough market analysis and develop robust financial strategies before venturing into new markets. As the company ndege m’nyumba (takes to the skies) once again, it is essential for Malawian businesses to kuwala (be cautious) and learn from the past.

The expansion plans are a testament to Nico Holdings’ commitment to growth and dedication to the region. As the company pamudzi (spreads its wings) across the region, it is likely to create a ripple effect, inspiring other Malawian businesses to follow suit. With the right strategies and partnerships in place, Malawian businesses can thamanga (prosper) in the regional market, contributing to the country’s economic growth and development.

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