Unlocking Productivity: How Sectoral Minimum Wage Can Boost Malawi’s Economy
Key Business Points The Malawian government should consider developing a comprehensive minimum wage structure that takes into account sectoral and economic variations. A fair minimum wage should consider factors such […]
Malawi’s Tobacco Sector Boost: K146 Billion Windfall for Local Economy
Key Business Points The tobacco marketing season in Malawi has seen a 9% drop in sales by weight and a 21% decline in revenue, with 58.9 million kg of tobacco […]
Malawi Records Impressive K356bn Profit, Boosting Business Confidence
Key Business Points The Reserve Bank of Malawi (RBM) has reported a net profit of K356 billion in 2024, a significant turnaround from a K539 billion loss in 2023, highlighting […]
Malawi’s Mega Project: How Local Investors Can Revive the Mpatamanga Initiative
Key Business Points Local investors in Malawi have missed out on a significant investment opportunity in the energy sector due to the Mpatamanga Hydro Power Project’s reliance on foreign investment. […]
Malawi’s Niobium Breakthrough: Unlocking New Opportunities for Local Businesses and the Economy
Key Business Points Secure Off-take Agreements are crucial for Malawi’s mining sector, as Globe Metals and Mining’s non-binding agreement with Neo Performance Inc demonstrates, paving the way for binding undertakings […]
Malawi’s Tobacco Industry Sees 16.6% Price Drop: What It Means for Business
Key Business Points The average price of tobacco in Malawi has plummeted by 16.6% this year, despite a rise in production costs, affecting the profitability of local farmers. The Tobacco […]
Malawi’s Remittance Tax: A Potential Threat to Business Growth and Household Prosperity
Key Business Points The proposed US bill to impose a 5% tax on international remittances could significantly reduce the flow of funds into Malawi, exacerbating the country’s foreign exchange struggles. […]
Malawi’s Economy on the Rise: Select Financial Services LimitedPosts K3.82 Billion Profit
Key Business Points Digital transformation is key: Select Financial Services Limited’s focus on digital transformation has contributed to its remarkable recovery, highlighting the potential for technology to drive growth in […]
Boosting Business Growth: Call to Action for Malawi’s Economic Reforms
Key Business Points Overhaul the Industrialisation Policy: The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) is calling for a complete overhaul of the Industrialisation Policy to align with […]
Empowering Malawi’s Business Leaders: International Networking Opportunities Uncovered
Key Business Points Investment in journalism is crucial for national development, and Nico Group is leading the way by sponsoring local journalists to attend international training programs. Financial literacy is […]