Author: Vanessa Banda
Powering Malawi’s Economic Growth: Strategic Moves to Revitalize Business and Investment
Key Business Points The Public Appointments Committee (Pac) of Parliament has confirmed the appointment of commissioners for the Competition and Fair Trading Commission (CFTC), with Jimmy Korea Mpatsa as the […]
Forex Shortages Stall Key Water Projects, Threatening Economic Growth
Key Business Points Foreign exchange supply challenges are hindering the progress of the Lilongwe-Salima Water Project, a crucial infrastructure development for Malawi’s business community and residents. The project’s finance director, […]
Fueling Growth: Tackling Malawi’s Costly Energy Landscape to Drive Economic Prosperity
Key Business Points Fuel price hike: Malawi’s fuel prices have increased by 41%, making them the highest in Africa, with petrol now at K4,965 ($2.84) per litre and diesel at […]
Navigating the Fallout: How Malawi Businesses Can Mitigate the Impact of Rising Fuel Costs
Key Business Points Fuel price hike: Malawi’s fuel prices have increased by an average of 41.6 percent, with petrol now at K4,695 per liter and diesel at K4,945 per liter, […]
Revitalizing Malawi’s Economy: NPC Drives Momentum for MIP 1 Reform
Key Business Points Accelerate economic growth: Malawi needs to make serious adjustments to achieve lower middle-income status by 2030, with a focus on increasing per capita income to above $1,000. […]
Fueling Growth: Malawi’s Bid to Supercharge Economic Resilience through Strategic Reserve Expansion
Key Business Points Increasing fuel reserves: Malawi plans to double its strategic fuel reserves capacity from 60 days to 120 days by 2030 to ensure stability and security of fuel […]
Fuel Price Shock: Navigating the Ripple Effect on Malawi’s Economy and Business Landscape
Key Business Points The Malawi Energy Regulatory Authority (Mera) has increased fuel prices by 41%, with petrol now selling at K4,965 per litre and diesel at K4,945 per litre, which […]
Revitalizing Malawi’s Beverage Industry: New Ginger Kombucha Brings Fresh Opportunities for Growth
Key Business Points Local production: Hethi Beverages Ltd’s new kombucha drink, Kambucha Kizomba Ginger, is proudly made in Malawi, supporting local businesses and employment, and contributing to economic growth. Natural […]
New Transfer Levy: What Malawi Businesses Need to Know to Minimize Costs and Maximize Growth
Key Business Points The Bankers Association of Malawi (BAM) is urging the government to clarify the scope of the new 0.05 percent bank transfer levy to avoid taxing all banking […]
Empowering Malawi’s Growth: Ministry Backs Landmark Skills Development Initiative to Fuel Economic Prosperity
Key Business Points The National Framework for the Recognition of Prior Learning (RPL) has been endorsed by the Minister of Labour, Skills and Innovation, aiming to promote equitable skills development […]