By Burnett Munthali
Various stakeholders have commended President Peter Mutharika for prioritising youth and women empowerment in his State of the Nation Address (Sona).
Mutharika announced that from the 2026/27 financial year, government will allocate K100 million in annual soft loans for youth and another K100 million for women in every constituency.
This move is expected to provide a significant boost to entrepreneurship and economic growth, particularly among marginalised groups.
He also pledged to prioritise community colleges, resume construction of abandoned institutions, continue the Graduate Internship Programme and disburse K250 million in grants to persons with disabilities.
These initiatives demonstrate the government’s commitment to investing in human capital and promoting inclusive development.
CTS Funeral and Courier Services Director Jacqueline Bokosi described the address as inspiring, saying the initiatives will uplift youths and women who are often at the bottom of the economic pyramid.
She, however, urged beneficiaries to use the funds prudently to ensure sustainable businesses and lasting economic benefits.
This call to action highlights the importance of responsible financial management and entrepreneurship skills in achieving sustainable growth.
The stakeholders’ positive response to Mutharika’s SONA reflects the widespread desire for transformative change and economic empowerment in Malawi.
The government’s focus on youth and women empowerment is a step in the right direction, with potential to drive meaningful change and reduce poverty.
The success of these initiatives will depend on effective implementation and collaboration with relevant stakeholders.
Overall, Mutharika’s SONA has sparked hope and optimism among Malawians, particularly among the youth and women, who are eager to seize opportunities and contribute to national development.
