About MISALICO

Welcome to the Minority Shareholders Association of Listed Companies (MISALICO), a community of individuals, each holding less than 10% of the total issued share capital of companies listed on the Malawi Stock Exchange. As non-controlling shareholders, we collectively represent the interests of minority shareholders. MISALICO is a registered institution with the Registrar of Companies, identified by registration number 1010600. Our primary aim at MISALICO is to empower individual minority shareholders by enhancing their understanding of the intricacies of the Stock Exchange market. By achieving this objective, we strive to fulfill several related goals. These include facilitating better investment decision-making among our members and enabling them to actively engage in the affairs of the companies they invest in. This involvement extends to participating in crucial events such as annual general meetings (AGMs) and other stakeholder engagements. Through our collective voice, we endeavor to ensure that decisions made at such gatherings serve the best interests of all stakeholders, including minority shareholders. Join us as we work towards fostering a fair and transparent environment for all participants in the capital market.

  • Vission

    Our vision is to be the major forum for advocating, promoting, and protecting the interests of public shareholders in Malawi's capital market, particularly the stock market.

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  • Mission

    Enabling public shareholders to increase understanding of various aspects of Malawi's capital market, particularly the stock market, and to enable them to participate effectively in the affairs of their listed companies.

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  • Organisation Structure

    MISALICO has a board of Registered Trustees which should comprise a minimum of five and a maximum of nine members. It is headed by a Chairperson initially supported mainly by a Treasure and a Secretary. After serving for three years a Registered Trustee maybe re-elected only once for another three years

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Become a member

Be a member of MISALICO you will widen up your financial knowledge.