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Author: Vanessa Banda

Malawi’s fuel prices highest in Africa – The Times Group

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 […]

Fuel hike to squeeze households, businesses

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, […]

NPC pushes for MIP-1 review – The Times Group

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. […]

Ministry revives plansto expand fuel reserves

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 […]

Consumers panic as fuel prices jump 41% – The Times Group

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 […]

New ginger Kombucha hits market

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 […]

Banks call for clarity on new transfer levy – The Times Group

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 […]

Ministry endorses national framework for skills development

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 […]

Ecam urges tax incentives to tackle youth unemployment – The Times Group

Revitalizing Malawi’s Economy: Ecam Proposes Tax Incentives to Spur Job Creation and Stimulate Growth

Key Business Points Rising youth unemployment poses serious economic and social risks, and the Employers’ Consultative Association of Malawi (Ecam) is urging government to introduce tax incentives to encourage job […]

Project to boost Malawi's carbon market on cards

Tapping into a Greener Future: Malawi’s Carbon Trading Opportunity for Economic Growth

Key Business Points Carbon trading is being positioned as a new source of climate finance in Malawi, offering opportunities for conservation, climate resilience, and community development without increasing public debt. […]

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