Malawi’s Uranium Milestone: Lotus Resources Fuels Economic Growth
Key Business Points Lotus Resources Limited has produced its first yellow cake, a significant step towards boosting Malawi’s mining contribution to GDP, which currently stands at 0.7 percent. The company […]
Revitalizing Malawi’s Economy: Enhancing Product Certification for Competitive Advantage
Key Business Points Producers must align their systems with the new product certification scheme to ensure their products are competitive on the global market. The Malawi Bureau of Standards (MBS) […]
Driving Malawi’s Prosperity: World Bank Backs Transformative Economic Reforms
Key Business Points Economic reforms are necessary for Malawi to achieve macroeconomic stability and long-term development goals, according to the World Bank. The country needs to strengthen key sectors to […]
Revitalizing Malawi’s Agro Sector: A Key to Igniting Economic Growth
Key Business Points Agriculture sector growth is hindered by structural, climatic, and policy challenges, despite substantial investments, affecting its contribution to Malawi’s GDP. Value addition and private sector engagement are […]
Catalyzing Malawi’s Economic Surge: Igniting Growth and Opportunity
Key Business Points Malawi’s economic development has been slow, with GDP per capita growing from $197 in 1965 to $394 in 2021, averaging under 1.5 percent growth per year, highlighting […]
Malawi’s Dairy Sector Sees 42% Price Surge: Opportunity for Growth or Profitability Pitfall for Local Farmers?
Key Business Points Dairy farmers in Malawi can expect a significant increase in milk prices, with a 42% rise since April to K700 per litre, as processors aim to meet […]
Revitalizing Malawi’s Agricultural Sector: Kawale’s Call to Action for Economic Growth
Key Business Points Agricultural transformation is underway in Malawi, with the government encouraging farmers to shift from subsistence to commercial farming practices to drive economic growth. The 21st National Agriculture […]
Revolutionizing Malawi’s Procurement: A K169bn Opportunity for Economic Growth
Key Business Points Efficient public procurement can save Malawi up to K169.4 billion per year, according to the World Bank, which can be allocated to essential public services. Applying a […]
RBM Eases Currency Exchange Rules: A Game Changer for Malawi Businesses
Key Business Points Exporters in Malawi can now apply for exemption from the mandatory conversion of export proceeds, which requires selling 25% of export earnings to the Reserve Bank of […]
Njati’s Appointment as Secretary to Treasury: A New Era for Malawi’s Economic Growth and Investment Opportunities
Key Business Points Appointment of New Secretary to the Treasury: Heatherwick Njati has been appointed as the new Secretary to the Treasury by President Lazarus Chakwera, overseeing the country’s treasury […]