Standard Bank Launches 'Growth Conversations' Platform to Drive Economic Policy
Standard Bank's launch of "Growth Conversations" comes as part of its ongoing efforts to position itself as an organization committed to national development.
LILONGWE, Malawi— Standard Bank Plc unveiled a new stakeholder engagement platform called "Growth Conversations" aimed at fostering dialogue on economic policy and national development in Malawi, writes AfricaBrief Reporter.
The initiative, launched Tuesday in Lilongwe, seeks to broaden the bank's engagement with key stakeholders to stimulate economic growth.
Tamanda Ng'ombe, Head of Brand and Marketing at Standard Bank, said, "This year marks 55 years of Standard Bank in Malawi. As we commemorate the 55 years of driving growth, 'Growth Conversations' will build on our track record of leading in dialogue that translates into reforms in economic policy and national development."
The platform's inaugural forum, scheduled for July 24 at the Bingu International Convention Centre in Lilongwe, will focus on the theme "Towards Economic Recovery and Growth: Embracing Sustainability."
Ng'ombe highlighted past successes resulting from bank-led dialogues, including infrastructure improvements and energy sector reforms.
"These achievements demonstrate the power of dialogue and collaboration. By working together, we can achieve far more than we can alone," she said.
According to Ng'ombe, Standard Bank-led dialogues have produced tangible results in key sectors of the Malawi economy, such as infrastructure, energy, mining, agricultural productivity, tourism and Foreign Direct Investment (FDI).
"The Bank's dialogue forums have positively impacted tourism, trade and mining following government's removal of VISA entry restrictions into Malawi, implementation of the Mining Development Act and revitalization of commercial agriculture using renewable and eco-friendly energy sources," Ng'ombe added.
The "Growth Conversations" platform aims to harmonize the bank's stakeholder engagements and bring to life its purpose of driving Malawi's growth.
Ng'ombe explained, "We believe that consolidating under one voice for national consensus building, renewed vigor and traction in implementation, will gain strides."
The upcoming forum will bring together key economic stakeholders, including Standard Bank customers and Mulalo Madula, the bank's Group Economist and Senior Analyst from Johannesburg.
Standard Bank's launch of "Growth Conversations" comes as part of its ongoing efforts to position itself as an organization committed to national development.
The bank sees this platform as a way to continue its 55-year legacy of contributing to Malawi's economic progress.