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Author: Vanessa Banda

Fintech, agriculture lead in Standard Bank SME awards – The Times Group

Fintech and Agriculture Powerhouses Drive Growth in Malawi’s SME Sector

Key Business Points Diversification of exports is crucial for Malawi’s economic growth, and small-scale businesses are encouraged to intensify their export drive to contribute to the country’s foreign currency reserves. […]

Fintech can unlock Malawi’s export potential—experts

Revolutionizing Malawi’s Export Landscape: How Fintech Can Catalyze Business Growth and Prosperity

Key Business Points Fintech innovation can help unlock Malawi’s potential to build an export-oriented small and medium enterprises (SMEs) sector, according to financial and technology experts. To achieve sustained growth, […]

Malawi targets to cut debt to 35% of GDP – The Times Group

Revitalizing Malawi’s Economy: A 35% Debt to GDP Target to Stimulate Growth and Prosperity

Key Business Points The Ministry of Finance aims to reduce Malawi’s public debt from 88% to 35% of GDP by 2030, presenting opportunities for fiscal discipline and economic stability. This […]

Tax revenue to budget shrinks

Narrowing Fiscal Gaps: Strategies to Revitalize Malawi’s Tax Base and Stimulate Economic Growth

Key Business Points Malawi’s tax revenue contribution to the national budget has declined to 67 percent in the 2024/25 fiscal year, the lowest in recent years, affecting the government’s ability […]

National Bank commits K60bn to boost SMEs

Malawi’s Economic Growth Gets K2bn Injection: NBM Development Bank Lands Scottish Government Grant

Key Business Points NBM Development Bank Limited has secured a £900,000 grant from the Scottish Government to support women-led enterprises in Malawi, with the first tranche of £265,000 to be […]

SMEs bank on networks for business survival, growth

Empowering Malawi’s Economic Growth: MSME Act Set to Catalyze Business Expansion

Key Business Points The Micro, Small and Medium Enterprises (MSME) Act (2024) aims to create a conducive environment for the growth of MSMEs in Malawi, aligning with the country’s industrialisation […]

Ecam wary of cost of living

Stabilizing Maize Prices: A Catalyst for Malawi’s Economic Growth

Key Business Points Maize price volatility is a significant concern for Malawi’s business community, with prices expected to rise in the lean season unless market interventions are introduced. Policy interventions […]

Digital payments power Malawi’s SME export ambition

Fueling Malawi’s Trade Rise: How Digital Payments Are Supercharging SME Exports

Key Business Points Digital transformation is key to unlocking Malawi’s export-oriented SME sector, with fintech innovation playing a crucial role in driving growth. To achieve sustained growth, stronger digital infrastructure, […]

Tobacco season in mixed fortunes

Harvesting Prosperity: Navigating Malawi’s Tobacco Industry Upswing

Key Business Points The Tobacco season has been described as a mixed bag, with the prolonged selling season elevating costs for industry players despite ensuring farmers sell their remaining bales. […]

Lilongwe Water Board eyes meeting customer demand – The Times Group

Tapping Growth: Lilongwe Water Board’s Strategic Push to Meet Soaring Customer Demand

Key Business Points Water supply expansion: The Lilongwe Water Board (LWB) is increasing its Kamuzu Dam storage capacity from 5 million litres to 25 million litres to meet growing demand […]

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