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.
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.
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.
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.
The National Economic Empowerment Fund Limited (NEEF) says it is very impressed with the way faith leaders have been repaying loans that they accessed from the company.
National Bank of Malawi (NBM) – a leading banking institution in Malawi – has expressed commitment to providing startup capital to artisanal and small-scale miners to facilitate growth of the sector.
Minister of Finance and Economic Affairs, Simplex Chithyola Banda, says government has committed itself to recover the country’s economy through Agriculture, Tourism and Mining (ATM) strategy.
The Minister of Finance and Economic Affairs, Simplex Chithyola Banda, on Friday afternoon presented the MK5.89 trillion 2024-2025 national budget that spells out a number of interventions aimed at healing the national economy.
Wild excitement filled the air of the National Assembly on Friday when the Minister of Finance and Economic Affairs, Simplex Chithyola Banda, announced an upward revision of the Constituency Development Fund (CDF).
One of the country’s key players in the air freight industry, Air Cargo Malawi Limited, says greater collaboration between local investors in the mining sector and financial service providers is key to the growth of exports in the extractive and mining industry.