Business

Malawi will host a National Agrifood Systems Investment Symposium on Monday, 5 October 2026, at the Bingu International Convention Centre in Lilongwe, as part of efforts to accelerate implementation of the Malawi 2063 development agenda. The symposium, themed "Unlocking Private Sector Investment for Sustainable Agrifood Systems Transformation in Malawi," will focus on the private sector's [...]

Thousands of Malawi's poorest tobacco farmers have been left sleeping outdoors in the bitter cold for days on end, as a catastrophic technical meltdown of the country's new registration system plunges the crucial planting season into chaos. Malawi's 2025/2026 tobacco registration season has descended into utter turmoil, with smallholder growers forced to camp out at [...]

Malawi Housing Corporation (MHC), the state-owned property and housing body, has returned to profitability in the first quarter of the 2026/2027 financial year, in what management is presenting as a significant milestone in the institution's long-running financial recovery. On the corporation's operational performance measure, the result marks MHC's first profitable quarter since 2019, according to [...]

Malawi's government has declared itself delighted with progress on a sweeping review of the country's Mines and Minerals Act, insisting the shake-up is firmly on track to deliver a modern, clear and responsive legal framework for the nation's booming mineral sector. Principal Secretary for Mining, Rodwell Mzonde, revealed the review is advancing well as part [...]

Malawi's telecoms watchdog has launched an urgent investigation after being flooded with complaints from furious mobile users who say their data bundles are mysteriously vanishing far faster than they should. The Malawi Communications Regulatory Authority (MACRA) confirmed it had taken note of the growing outcry from consumers on both TNM and Airtel networks, who claim [...]

Continental Holdings Plc (CHL) delivered a sharp rise in earnings during the first six months of 2026, with profit after tax more than doubling as its banking subsidiary capitalised on balance sheet growth and resilient demand for financial services despite Malawi's challenging economic environment. The financial services group reported profit after tax of MWK43.4 billion [...]

Reserve Bank of Malawin has officially confirmed the death of the cheque, announcing that the payment instrument will be scrapped for good on 11 March 2027 — marking a dramatic shift towards electronic and digital payment methods across the country. The bombshell announcement came in a joint statement issued late on the night of 28 [...]

CDH Investment Bank has supported the Economics Association of Malawi (ECAMA) with K8.5 million towards its Annual Economic Conference scheduled for 29 to 30 October 2026 in Mangochi. This year's conference will be held under the theme "From Policy to Practice: Making Reforms Work." Speaking during the cheque presentation on Monday in Lilongwe, CDH Bank's [...]

The Economics Association of Malawi says tight budgets and a more flexible exchange rate are needed, but warns that the medicine carries costs for business Malawi's economists are urging the government to rein in spending and overhaul its management of foreign exchange, as a severe dollar shortage collides with public debt of about K24tn, equivalent [...]

Renowned Malawian entrepreneur and project developer Jones Yamikani Chadza has announced plans to launch a digital technology-based transport platform aimed at improving commuter safety and modernising Malawi's mobility system. In an exclusive interview, Chadza said Pita-GO is a newly registered, homegrown initiative designed to connect passengers, drivers and transport operators through a safer, more convenient [...]

Sparc Systems Limited has been crowned ICT Company of the Year at the prestigious Technology Information Confederation (TICON) Africa 2026 Excellence Awards. The award was presented during an exclusive Awards Gala Evening held on Thursday, September 24, alongside the 4th Annual TICON Africa Conference in Livingstone, Zambia. TICON Africa is a Pan-African body advancing ICT, [...]

Malawi Revenue Authority (MRA) has awarded Authorised Economic Operator (AEO) licences to seven new operators, as part of efforts to facilitate legitimate trade and strengthen compliance with customs requirements. Speaking during an AEO Stakeholder Meeting in Blantyre, MRA Commissioner General Felix Tambulasi said the programme represents an important partnership between the Authority and the business [...]

The country's private sector giants have revealed they hold over ten trillion Kwacha in assets, but say heavy taxes, forex shortages and persistent energy challenges are choking investment in Malawi. The sentiments were shared in Blantyre on Thursday during a Business Breakfast held under the theme "Driving Economic Transformation Through Collaborative Partnership", which brought together [...]

Malawi's drive to build a mining industry around critical minerals is being held back by a chronic electricity shortage, according to a new World Bank report that warns the country's mineral wealth could remain largely untapped without urgent power sector reform. The report, titled "From Potential to Prosperity: A Roadmap for Malawi's Energy Transition Minerals", [...]

The Renewable Energy Industries Association of Malawi (REIAMA) has called on stakeholders across all sectors of the economy to engage in candid discussions on how to improve energy supply, including electricity, which remains a major challenge in the country. REIAMA made the call during a press briefing in Lilongwe on Wednesday, ahead of this year's [...]

National Bank of Malawi (NBM) plc has honoured its promise to send eight 2024 Platinum Employee Recognition Awardees and their spouses on an all-expenses-paid trip, taking them to Cape Town, South Africa, after their original travel plans hit a snag. The employees departed Malawi on Saturday for the special tour, following the disruption of their [...]

Malawi's mining minister has reaffirmed that companies operating in the country will not be permitted to export unprocessed minerals, as the government seeks to capture more value from its nascent extractives sector rather than shipping raw material abroad for processing elsewhere. Speaking during a visit to the Kangankunde Rare Earth Project in Balaka on Wednesday, [...]

Malawi is sitting on vast mineral wealth, yet its largest population — the youth — remains on the margins of the mining sector, trapped between lack of capital, lack of information and exploitation. That was the picture that emerged from a stakeholders' meeting organised by ActionAid Malawi (AAM) to unveil a new project, Uplifting the [...]

Malawians and visitors alike are facing a dramatic new crackdown on cash, after the Reserve Bank of Malawi (RBM) slapped sweeping restrictions on the physical possession and movement of foreign currency — with anyone caught holding more than $1,000 without central bank permission now at risk. Under the astonishing new rules, anyone physically carrying more [...]

Malawian food-processing and agribusiness firm Mtengo Wakumunda Enterprise is rolling out an Agribusiness Facility for Africa (ABF) Matching Grant Fund project designed to strengthen the maize value chain and improve nutrition outcomes across Malawi. As part of the initiative, the company, working with technical partner Etagrix, is running a two-day National and Regional Trainer of [...]

National Bank of Malawi (NBM) plc has thrown its financial weight behind a major reunion for one of the country's most respected universities, pledging a K4 million sponsorship to support the upcoming LUANAR Alumni Connect initiative. The symbolic cheque handover took place at NBM's headquarters in Lilongwe, with the flagship gathering itself set to take [...]