Business

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AfDB positive on economy

AfDB positive on economy

African Development Bank (AfDB) Group says Malawi’s economic outlook remains positive despite downside risks. In its 2025 African Economic Outlook…
School of Governmentpartners Australian ‘varsity

School of Governmentpartners Australian ‘varsity

Malawi School of Government (MSG) has partnered Australia’s Royal Melbourne Institute of Technology (Rmit) that will enable strong collaboration of…
Government denies Illovo sugar exports

Government denies Illovo sugar exports

Ministry of Trade and Industry has blocked Illovo Sugar (Malawi) plc from exporting sugar, saying the company should prioritise stabilising…
Wholesale, retail sectors on decline

Wholesale, retail sectors on decline

Malawi’s wholesale and retail sector output has declined over the past five years largely due to foreign exchange shortages, significantly…
MRA rolls out tax stamps on import declarations

MRA rolls out tax stamps on import declarations

Malawi Revenue Authority (MRA) has fully integrated the Automated System for Customs Data and Kalondola (excise tax stamp) System to…
Treasury seeks to improve social protection targeting

Treasury seeks to improve social protection targeting

Minister of Finance and Economic Affairs Simplex Chithyola Banda says government has taken bold steps to enhance social protection programme…
Start-ups struggle to sustain business

Start-ups struggle to sustain business

Budding small and medium enterprises (SMEs) are struggling to grow their ventures despite promising potential largely due to various challenges,…
Forex scarcity: Consumers’ pain, bankers’ headache

Forex scarcity: Consumers’ pain, bankers’ headache

For years, Malawi has faced foreign exchange scarcity, largely due to the fact that the economy is more of an…
Tea industry inmixed fortunes

Tea industry inmixed fortunes

The tea industry faced mixed fortunes in 2024 with production increasing slightly to 46.3 million kilogrammes (kg), but declining prices…
Cotton farmers upbeat as sales season set to open

Cotton farmers upbeat as sales season set to open

Stakeholders in the cotton industry say they are looking forward to the long-awaited opening of the Cotton Marketing Season on…
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