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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.

Undule says World Bank’s US$80m grant is endorsement for Malawi’s fiscal reforms

Governance and Human Rights Advocate Undule Mwakasungula has described the US$80 million grant from the World Bank's International Development Association (IDA) to the Government of Malawi as an endorsement for the country's fiscal reforms.

World Bank’s IDA approves US$80m absence-of objection grant for Malawi’s Fiscal Governance Program for Results

The Board of Executive Directors of the International Development Association (IDA), a subsidiary of the World Bank, has approved on an absence-of objection basis a grant in the amount of US$80 million to the Republic of Malawi for the Fiscal Governance Program for Results.

NAP says direct budgetary support crucial step in bolstering Malawi’s economy

The National Advocacy Platform (NAP) has described the resumption of the budget support by the African Development Bank (AfDB) as a crucial step in bolstering our economy.

Microfinance institutions urged to support women

In an effort to promote financial inclusion and equality, Microfinance institutions have been urged to develop policies that ensure that women have access to financial services.

Limited resources, a setback to youth economic empowerment  

Youths from  Traditional Authority Chigalu in Blantyre have urged government and development partners to support them with technical, vocational skills and business capital to ensure their economic empowerment.

Residents hail Mtukula pa khomo wa Mmizinda

Beneficiaries of Emergency Urban Cash Transfer Intervention (Mtukula Pakhomo wa Mmizinda) in Blantyre have hailed government for providing them with cash transfers to alleviate immediate economic hardships they face in day to day life as each of the 43,355 beneficiaries received K150,000 this week.