Author: Vanessa Banda
Propelling Growth: NBM’s Record Profit Highlights Leadership’s Positive Impact on Malawi’s Economy
Key Business Points Strong leadership and management have enabled National Bank of Malawi (NBM) to achieve a record K101 billion profit after-tax in 2024, despite a challenging economic climate. NBM’s […]
Forex Woes Threaten Multi Million Dollar Hotel Investment in Malawi: What’s at Stake for the Economy?
Key Business Points Foreign exchange shortages are significantly impacting the construction of the K43 billion Cresta Lifestyle Hotel in Blantyre, causing delays and potential cost escalation. Tobacco sales have declined […]
Navigating Malawi’s Economic Shift: Mitigating Risks in the Property Market
Key Business Points Aid withdrawal by development partners is expected to lead to a downturn in Malawi’s property market, with potential project closures and reduced demand for office space. High […]
Navigating US Trade Headwinds: Malawi’s Path to Resilience and Growth
Key Business Points Malawi’s economy is expected to be severely impacted by the US universal 10 percent tariff, with a predicted decrease of 1.1 percent in total exports, making it […]
NBS Bank Set to Surge Past K70bn Profit Mark in Just Six Months
Key Business Points NBS Bank plc’s profit is expected to increase by 126% to K73 billion in the first half of 2025, driven by effective asset utilization and a favorable […]
Empowering Malawi’s Future: programme prepares students for digital careers
Key Business Points Developing digital skills in secondary school students can lead to financially-rewarding careers in digital media and technology, creating new opportunities for economic growth in Malawi. Practical skills […]
Revitalizing Malawi’s Economy: Driving Growth through Strategic SOE Reforms
Key Business Points Urgent reforms are needed to address the debt burdens of State-owned enterprises (SOEs) in Malawi, which pose a significant risk to the national budget and fiscal sustainability. […]
Revitalizing Malawi’s Economy: Capitalizing on Foreign Investment Opportunities to Drive Growth
Key Business Points Foreign investors are favoring neighboring countries over Malawi due to macro-economic instability, resulting in lower foreign direct investment (FDI) inflows. Infrastructure development is crucial to attracting investments, […]
Malawi’s Financial Future in Focus: Minister Calls on Banks to Support Local Economy
Key Business Points Enhance agricultural financing: The banking sector must deepen access to credit and support innovative financial products for exporters to help Malawi address forex challenges. Improve local production […]
Small but Mighty: How Local SMEs Drive Malawi’s Economic Future
Key Business Points Businesses in Malawi should prioritize investing in small and medium-sized enterprises (SMEs) to unlock economic growth and address pressing challenges. The National Bank of Malawi (NBM) is […]