back to top

Articles from Business and Finance

Government moves to reform sugar industry amid shortages

Government has announced comprehensive reform plans to overhaul Malawi’s sugar industry, aiming to address persistent shortages, stabilize prices, and promote local participation in distribution.

Commentators urge Minister Mumba to stop politicizing sugar crisis

As sugar scarcity continues to affect the country, several renowned social commentators have criticized Minister of Trade, Vitumbiko Mumba, for what they describe as "irresponsible" remarks regarding the issue.

Sugar soars to K6, 000, Illovo says it’s managing the situation

Illovo Sugar Malawi says the current challenges in the availability of sugar is primarily being driven by informal...

IMF walks away: Malawi’s missteps sink ECF program

As concerns grow over Malawi’s stalled Extended Credit Facility (ECF) with the International Monetary Fund (IMF), civil society organizations (CSOs) and economic experts are offering divergent views on what went wrong — and what should happen next.

Gadama calls for urgent reforms in Mw’s economy

Economist and senior DPP official Dr. Paul Gadama has raised concerns over Malawi’s deepening economic crisis, citing persistent inflation, fuel shortages, and foreign exchange instability. He criticizes the government’s inadequate response, particularly its reliance on monetary policy without addressing structural weaknesses. Gadama calls for a holistic approach that includes targeted agricultural investment, energy reforms, and forex management to prevent further economic decline and social unrest.

Undule warns against culture of greed and jealousy in Malawi’s business environment

Malawi's esteemed governance and human rights advocate, Undule Mwakasungula, has challenged the Malawian Government and the business community, urging them to eradicate the prevailing...

JTI continues empowering farmers, rewards them through Mlimi Wozitsata Ayiphule Promo

Three lucky winners have gone away with various prizes in the promotion dubbed Mlimi Odzitsata, which JTI Leaf Malawi Limited has been conducting. Some of...

Reunion Insurance commits MK3m towards 2023 Insurance Institute of Malawi Lakeshore Conference

Reunion Insurance Company Limited has sponsored the 2023 Insurance Institute of Malawi (IMM) Lakeshore Conference with MK3 million with donation. Themed “Building resilience Through Insurance...

EDF, Norsad Capital sign pact to address funding gaps impeding enterprises’ growth in Malawi

Export Development Fund (EDF) – a subsidiary of the Reserve Bank of Malawi (RBM) – and Norsad Capital have signed a memorandum of understanding...

Thokozani Unyolo excels, roped into CMO Council, now among top women achievers

One of the country’s renowned marketers, Thokozani Unyolo, continues to break professional barriers with recognition from renowned global institutions. Just recently she was appointed member of the Chief Marketing Officer Council’s Advisory Board for the Sub Saharan Africa region and has also been placed among the list of top women achievers by the Gordon Institute of Business Science (GIBS) Business School.

NBM Spurs Village Bank Growth, Promotes Financial Inclusion

Malawi's financial landscape is witnessing a remarkable surge as the National Bank of Malawi Plc reports substantial growth in village bank memberships, heralding a new era of financial inclusion.