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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.

FARMSE partners FDH to boost access to financial services

District Coordinator for Financial Access for Rural Markets, Smallholder Enterprises Programme (FARMSE), Jessie Njikho says the programme has partnered with FDH Bank to boost access to financial services in rural areas. Read more: https://wp.me/pdc0gp-1PB

MITC doubles efforts to increase exports

Ministry of Trade and Industry has begun to implement various strategies aimed at increasing export promotion, facilitation, and development in the country.

Chakwera calls for enhanced investment, trade partnership with Malawi

President Lazarus Chakwera has extended an olive branch to prospective investors to come and invest in Malawi and make trade partnerships in various opportunities of investment and partnership that are available in the country. 

Chakwera calls for increased productivity from SMEs to create jobs, wealth

President Dr. Lazarus McCarthy Chakwera has challenged small and medium enterprises (SMEs) in Malawi to increase productivity in order to complement government efforts to create jobs, wealth and achieve food security.

Airtel Malawi rebrands from Smart phone to A reason to Imagine 

Airtel Malawi plc, a leading network provider in Malawi, has rebranded its company strapline from the Smart phone network to "A reason to Imagine" with the main focus on young people.

African Guarantee Fund provides US$15m to finance SMEs in Malawi

The African Guarantee Fund (AGF) has provided US$15 million to go towards financing small and medium enterprises (SMEs) in Malawi.