MEET THE TEAM
Dynamic Recycling was registered as a limited company in Malawi on 23rd August 2013 and the company’s joint shareholders are Mr Lucas Phekani and his wife Mrs Vanda Phekani. Lucas trained as an engineer at Coventry Technology College in the United Kingdom and returned to Malawi in 2000 to take over a real estate family business. Mr Phekani expanded and diversified the family business to include manufacturing, hospitality and paper recycling. Mr Phekani sold a successful bakery business in order to venture into paper recycling. Since Mr Phekani began trading the company has grown in annual sales volumes from 1.2 million egg trays in 2008 to current levels of above 2.5 million . Initially trading as a sole trader under the name of Pheks Investments, Lucas gained a reputation for his honesty and business abilities and has effectively used his engineering and family business background to establish DRM as the only enterprise of its kind in Malawi.
Mrs. Vanda Phekani is a chartered marketer who worked as Manager for Deloitte’s Tip-offs Anonymous for nine years. Working on part time basis for Phekani Investments, Mrs Phekani assisted with operational management. Mrs Phekani turned the Tip-off Anonymous unit into an innovative whistle blowing facility, and the organization has seen client growth from 3 to over 70 within 8 years. Mrs. Phekani’s abilities include analyzing an organization's critical business requirements, identifying deficiencies and potential opportunities, developing innovative, cost-effective solutions for enhancing competitiveness, increasing revenues, and improving customer service offerings. Her proven resilience and self confidence along with her ability to advise and guide senior management team where necessary are assets to DRM’s management team.
THE MARKET
The poultry industry in Malawi has undergone tremendous development both in terms of production and the numbers of producers since 1994. It is the largest livestock production sector in Malawi providing 80% of meat protein consumed in the country. The poultry industry in Malawi is classified into open commercial and domestic/household farmers. The open commercial farmers are categorised into small (up to 500 chickens), medium (501 to 5000 chickens) and large commercial (above 5,000 chickens). It is reported that there are 4.5 million commercial chicken layers in the country, and these produce on average 300 eggs each annually, a total of1.35 billion eggs annually. These statistics imply that approximately 45 million egg trays are required every year even though reusing them is common practice among micro, small and medium egg producers. Egg production is expected to double in the next two years as many of the big commercial egg producers plan to increase their production. In addition some new players such as Crown have recently entered the market with big investments . Paper recycling in Malawi is currently conducted on an insignificant scale.
The bulk of the waste paper from major packaging companies is being exported to South Africa and most waste paper from small to medium scale paper users is disposed of at dumpsites. Egg trays are imported to Malawi at average price of K65 (17 US$ Cents) FOB South Africa and landed cost of K135 (35 US$ Cents) per tray (though of much superior quality to the recycled ones produced locally). There is also huge potential for development of recycled craft paper business in Malawi; all craft paper in Malawi is imported at high cost.
GOING GREEN
With rising costs of electrical power in Malawi we are currently investigating ways of promoting ECO friendly energy to help with the costs of running the Company, for example as we have so much sun in Africa we would consider using Solar panels to bring power to the running of the machines, lighting and everyday energy output, this would also mean that the money saved would mean that there would be room for expansion therefore creating jobs.
So if there are Schemes that offer grants to assist us meet our goals please get in touch
