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Top Business Malawi News

Malawi: Why Malawi Still Remains Very Poor - - and What Can Be Done About It
Trade · Malawi

Malawi: Why Malawi Still Remains Very Poor - - and What Can Be Done About It

100% Center coverage: 1 sources
Malawi remains one of the poorest countries in the world despite decades of foreign aid, democratic governance, and development planning.See the Story
Malawi Not Exploiting Resources Fully
Economy · Malawi

Malawi Not Exploiting Resources Fully

The African Development Bank (AfDB) says Malawi’s financial and business resources are not being fully exploited due to a constrained investment climate and ageing capital investments. In a country analysis contained in the AfDB 2025 Macro Economic Outlook published on Friday, the bank notes that Malawi has limited capacity to mobilise and efficiently allocate capital with domestic resource mobilisation accounting for about 18 percent of gross d…See the Story
Bad loans on the rise
Malawi · Malawi

Bad loans on the rise

Malawi’s non-performing loan (NPL) levels continue to rise, exceeding the five percent regulatory threshold, signalling growing financial stress and increased credit risk, analysts have said. Published data from African Development Bank (AfDB) Group shows that NPLs or bad loans that are either overdue or unlikely to be repaid by the borrower, rose to nine percent in October 2024 from 6.7 percent a year earlier, exceeding the five percent regulat…See the Story

Malawi's Economic Growth Hinges on Banking Reform: A Wake Up Call for Business Leaders - Business Malawi

Key Business Points Malawi’s commercial banks must adopt risk-sharing approaches to unlock financing for the underdeveloped banana industry, as called by Industry and Trade Minister Vitumbiko Mumba. The country’s failure […] The post Malawi’s Economic Growth Hinges on Banking Reform: A Wake Up Call for Business Leaders appeared first on Business Malawi.Malawi · MalawiRead Article

Swift Courier to expands footprint with new branches in BT, LL

Swift Courier, one of Malawi’s logistics companies, has announced plans to open three new branches in mid-June as part of its national expansion drive. The new outlets will be located in Limbe, Blantyre, as well as Area 23 and Area 25 in Lilongwe. Speaking in an interview, Swift Courier’s managing director, Cephas Mulauzi, said the decision to expand comes in response to increasing demand for reliable and efficient delivery services in key urban…Malawi · MalawiSee the Story

Malawi's Economic Growth Halted: Illovo Sugar Export Impasse - Business Malawi

Key Business Points The Ministry of Trade and Industry has blocked Illovo Sugar’s export of sugar to prioritize domestic supply, highlighting the government’s efforts to ensure food security and stability […] The post Malawi’s Economic Growth Halted: Illovo Sugar Export Impasse appeared first on Business Malawi.Malawi · MalawiRead Article

Wholesale, retail sectors on decline

Malawi’s wholesale and retail sector output has declined over the past five years largely due to foreign exchange shortages, significantly affecting economic activity and consumer confidence, a government report shows. Data from the Malawi Government Annual Economic Report for 2024 indicates a consistent decline in the sector’s contribution to the gross domestic product (GDP) from 2021 to 2025. In 2021, the sector accounted for 12.4 percent of G…Malawi · MalawiSee the Story

MRA rolls out tax stamps on import declarations

Malawi Revenue Authority (MRA) has fully integrated the Automated System for Customs Data and Kalondola (excise tax stamp) System to streamline import declarations and excise stamp requirements for imports. MRA acting head of corporate affairs Wilma Chalulu was responding to an inquiry on Wednesday regarding a statement the tax agency issued on February 17 this year on the integration of the two systems to improve compliance. She said: “Yes, the…Malawi · MalawiSee the Story

Mzuni to supply 20mw to grid

By Brenda Kayo: Mzuzu University (Mzuni) has announced that it is developing a $20 million 20 megawatts solar power plant to be using for generating electricity in the Northern Region. Mzuni Vice C…Mzuzu · MzuzuSee the Story

European Union to maintain direct budget support

The European Union (EU) will continue providing direct budget support to Malawi despite the recent cancellation of the International Monetary Fund’s (IMF) Extended Credit Facility (ECF). However, the EU Ambassador to Malawi Rune Skinnebach said absence of the IMF programme will make implementation more challenging. He told Times Radio’s Kulinji Programme on Tuesday that while an IMF programme is not a condition for the EU’s budget support, it si…European Union · MalawiSee the Story

Ministers Crush Over How to Fix Sugar Problem

As Malawians are still facing sugar shortage, government officials are now arguing on the strategy which can be used in to fix the problem. The minister of Trade, Vitumbiko Mumba suggests that sugar should be sold by people who have license only. He said this will stop vendors from hiding sugar and selling it at high prices. On the other side, Richard Hara the Deputy Secretary for Local government did not agree with the suggestion. He said if on…Economy · MalawiSee the Story

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