Business

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Bad loans on the rise

Bad loans on the rise

Malawi’s non-performing loan (NPL) levels continue to rise, exceeding the five percent regulatory threshold, signalling growing financial stress and increased…
Malawi not producing enough bananas—minister

Malawi not producing enough bananas—minister

Minister of Trade and Industry Engineer Vitumbiko Mumba says Malawi is not producing enough bananas to meet the country’s demand.…
Swift Courier to expands footprint with new branches in BT, LL

Swift Courier to expands footprint with new branches in BT, LL

Swift Courier, one of Malawi’s logistics companies, has announced plans to open three new branches in mid-June as part of…
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,…
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