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State taking lead in industrialisation drive

Summary by Times Malawi
Finance Minister Simplex Chithyola Banda has said the Malawi Development Corporation (MDC) “is back”. He said it is a product of the government’s adoption of policy interventions skewed towards a State-led industrialisation approach. Chithyola Banda made the announcement when he presented the 2025-25 national budget statement to Parliament on Friday. Apart from revamping MDC— which will be fronted for strategic industrial investments, with some …
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Times Malawi broke the news in Malawi on Monday, March 3, 2025.
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