The Globe Group is a multi-sector conglomerate based in Malawi, Central Africa. It is owned by the Kassam families, which have been established in Malawi for four generations.
Since its inception, the Globe Group has been fully committed to the development of Malawi, and continues to support the economic and social development of the country.
It has major stakes in numerous manufacturing and services industries in Malawi and has invested heavily in the development of the country's economy for over half a decade. By increasing and improving local production capacity across the many sectors of its expertise, it not only contributes to local employment and skills base but also alleviates the demand for foreign exchange on the national economy.
With interests in the construction, agricultural (dairy & poultry farming), telecommunication, travel, healthcare, automotive, packaging, beverages, media, real estate, travel and tourist industries in
Malawi, the Globe Group presents a wealth of expertise and experience.
Furthermore, the Group's strong financial position has allowed its operations and expansions to continue with a near zero gearing ratio, representing an exceptional ability to self-finance the bulk of its operations. Its expansion strategies are both lateral and horizontal. Acquisitions of new interests can be organically incorporated within the existing structure of the Globe Group; its establishment within the key manufacturing and servicing sectors in Malawi is a further facilitating factor to this effect.
The Globe Group is proudly Malawian and it is privileged to have made significant contributions to one of the fastest-growing economies in the world.