Game Changing Investment: $5 Million Factory to Boost Malawi’s Economic Growth
Key Business Points Investment Opportunities: Foreign investors are taking notice of Malawi’s business-friendly environment, with the $5 million investment in the cooking stove manufacturing plant creating 85 jobs for locals. […]
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 […]