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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.

UK speaks on how red tape is derailing business in Malawi  

As Malawi and the United Kingdom (UK) partnership officially clocked 60 years, the British Government says setting up businesses in the country would be...

Centenary Bank unveils new branches in Mchinji, Chikwawa

Centenary Bank Limited has unveiled two new branches in Mchinji and Chikwawa districts in a move to expand its operational network in the country.

PayChangu paves the way for e-commerce growth in Malawi

In a significant leap for Malawi's digital economy, PayChangu is transforming the e-commerce landscape by providing businesses with a seamless and efficient online payment gateway. This innovative platform is not only streamlining transactions but also fueling the growth of digital products and services across the country.

Pigeon pea market still open in India

Government has said the exportation offer for 50,000 metric tonnes for Pigeon peas to India was still on and has been extend to 2025.

Smuggling remains a challenge for MRA

Malawi Revenue Authority (MRA) has admitted that smuggling of goods remains a key challenge in the drive to increase revenue collection in the country.

Mkandawire wins the inaugural Afreximbank Research and Innovation award

At the ongoing Afreximbank meeting in Bahamas, Malawi’s Professor, Richard Mkandawire and Nigeria’s, Umezuruike Linus Opara have been awarded with the inaugural Research and Innovation Competence in Agriculture Awards.