Author: Vanessa Banda
K35bn Investment Set to Electrify Malawi’s Economy: Kayelekera Grid Connection to Fuel Business Growth
Key Business Points Grid power connection: Australian mining firm Lotus Resources Limited plans to connect its Kayelekera Mine in Karonga to grid power at a cost of $19.7 million (about […]
First Capital Bank’s Profits Soar 300%: A Game Changer for Malawi’s Business Landscape
Key Business Points First Capital Bank’s (FCB) first-half profit has jumped by 300 percent to K50.5 billion, driven by interest income from government securities, offering a significant opportunity for investors […]
Empowering Malawi’s Agricultural Sector: Central Poultry Fuels Growth for 150 Lilongwe Farmers with Chicks Distribution
Key Business Points Empowerment through partnership: Central Poultry’s initiative provides small-scale farmers with essential resources and technical support, enabling them to thrive in the poultry industry and contribute to the […]
IATF 2025: Energizing Malawi’s Export Growth and Economic Prosperity
Key Business Points Intra-African trade presents significant opportunities for Malawi’s businesses, particularly with the operationalisation of the African Continental Free Trade Area (AfCFTA), which has created a unified market of […]
Puma Expands Energy Sourcing in Malawi, Fueling Business Growth and Diversification
Key Business Points Diversification into renewable energy: Puma Energy Malawi aims to expand into alternative and renewable energy solutions, including solar power and Liquefied Petroleum Gas (LPG) for cleaner cooking […]
NBS and NGO Join Forces to Fuel Agricultural Growth and Stimulate Malawi’s Economy
Key Business Points NBS Bank has partnered with Opportunity International to support smallholder farmers in accessing capital, addressing the significant financing gap in the agricultural sector. The agreement aims to […]
MTL Sale Set to Supercharge Malawi’s Economy: A New Era of Investment and Growth
Key Business Points Press Corporation Limited (PCL) is nearing the completion of the sale of its subsidiary, Malawi Telecommunications Limited (MTL), with the deal expected to be finalized by mid-August, […]
State Seeks Majority Stake in Mining Sector: What This Means for Malawi’s Business Landscape
Key Business Points Mamico aims to secure 40% shareholding in all mining ventures to maximize Malawi’s benefits from minerals, requiring significant financing to invest in these ventures. Heavy investment is […]
Limestone Mining Venture to Generate 200 Employment Opportunities, Fueling Malawi’s Economic Growth
Key Business Points Job creation: African Minerals and Steel Limited’s new mining licence is expected to generate over 200 direct jobs in Malawi, contributing to the country’s economic growth and […]
Malawi Secures K6bn Drought Insurance Windfall: A Game Changer for Local Businesses and Economy
Key Business Points Insurance payout: African Risc Capacity has made a $3.3 million (K6 billion) insurance payout to the Malawi Government to help address drought-related agricultural losses, bridging the financing […]