Business – Page 3 – Maravi Express – Your Kind of News. Clear and accurate.

Successful conclusion of Continental Holdings Plc IPO marks an important milestone for Malawi’s capital markets

August 6, 2026

* One of the most notable features of this IPO is the strong participation by retail investors despite relatively limited institutional participation * This demonstrates growing public confidence in investing through the Malawi Stock Exchange By Duncan Mlanjira The successful conclusion of the Continental Holdings Limited (CHL) Initial Public Offer (IPO) “marks an important milestone for Malawi’s capital markets”. This has been stated Sycamore Wealth, the newly-established asset management company, as it welcomes the successful completion of this transaction…

Malawi’s high economic pressure does not eliminate investment opportunities

August 5, 2026

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* Malawi Pressure Index (MPI) of 78 highlights where strategic capital can created value * Periods of high economic pressure invariably create challenges, but they can also expose structural gaps, underserved markets and unmet demand Maravi Express Executive Director of Economic Research & Strategy Chief Economist for Don Consultancy Group (DCG), Chifi Mhango, who spearheaded the creation of the inaugural Malawi-Pressure-Index (MPI), further unwraps the economic impact of the analysis in relation to the country’s investment opportunities. Mhango, who…

Suspected ESCOM vandal electrocuted during a foiled theft attempt in Lilongwe

August 4, 2026

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* A resident heard an unusual sound coming from a transformer located a few metres from her house and thereafter, the neighbourhood experienced a power outage * Upon checking at the nearby transformer, she found an unidentified man lying unconscious near the transformer and informed the police Maravi Express A man suspected of attempting to vandalise Electricity Supply Corporation of Malawi (ESCOM) transformer is receiving medical treatment at Kamuzu Central Hospital after been electrocuted during a foiled theft attempt…

Mining Minister Thoko Tembo calls for stronger local investing in mining

August 4, 2026

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* As NICO Group outlines its financial capacity to support transformative mining projects aligned with the MW2063 national vision * NICO reaffirmed its commitment to supporting the Government’s development agenda through strategic investments and partnerships By Duncan Mlanjira During an engagement with the Malawi’s largest and most diversified financial services conglomerate, Minister of Mining, Thoko Tembo emphasised the need for stronger partnerships between Government and the private sector. The Ministry’s media platform reports that Tembo described investment as a…

Speaker Sameer Suleman outraged over suspected irregularities at Kangankude rare earth mine in Balaka

August 4, 2026

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* We are not going to allow our minerals to be stolen anymore — we would rather keep them, sizimaola (minerals don’t get rotten) * No one can come from Australia just to get get something here that is useless * As he ordered Minister of Mining to suspend mining activities and directed Parliamentary Committee on Natural Resources to review the Australian company’s licence By Duncan Mlanjira Speaker of Parliament, Sameer Suleman yesterday expressed his outrage over suspected irregularities…

District Councils start receiving Local Authority Performance Assessment funding to implement development projects

August 3, 2026

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Dowa District Council ranks highly * A total of K41,674,500 has been allocated to all local authorities to implement development projects * A performance-based grants under the Governance to Enable Service Delivery (GESD) 2.0 and the Regional Climate Resilience Programme (RCRP-2) for the 2026/2027 financial year * Dowa emerged as the top-performing district council with a score of 98%, followed by Neno with 97%, with Rumphi, Ntchisi and Kasungu tying at third place with 92% Maravi Express District councils…

Thomas Bisika receives profound messages of appreciation after finishing his tour of duty as Malawi High Commissioner to the UK

August 3, 2026

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* You and your team were the best I have seen in many decades I have lived in England * Your office was welcoming, accessible, friendly, respectful, professional and very very helpful * You supported all Malawians living in United Kingdom equally without bias—Itali Felie B By Duncan Mlanjira Dr. Thomas John Bisika has returned to Malawi after finishing his tour of duty as Malawi High Commissioner to the United Kingdom (UK) having served from 2022, who was replaced…

Malawi’s economic expansion remains below potential despite GDP growth recovering to 2.5%

August 3, 2026

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* As the Malawi Pressure Index (MPI) currently places the country’s GDP growth rate in the Moderate Pressure category * Suggesting that although economic conditions have improved in some areas, the country continues to face meaningful economic pressures that constrain the strength and sustainability of the recovery By Chifi Mhango, DCG Chief Economist and Executive Director of Economic Research and Strategy Malawi’s real Gross Domestic Product (GDP) growth increased to 2.5% in 2025, from 1.7% in 2024, marking a…

‘Achieving 93% subscription, Continental Holdings’ IPO is a significant achievement in today’s economic environment’—market analyst Benedicto Nkhoma

August 3, 2026

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* Instead of concluding that investor demand was weak, one could argue that retail investors, high-net-worth individuals and other eligible investors absorbed the overwhelming majority of the offer * Despite the absence or limited participation of one of the market’s largest institutional investor groups By Duncan Mlanjira Continental Holdings Limited (COL) has announced results of its Initial Public Offer (IPO) to start trading on the Malawi Stock Exchange (MSE) raising about K135.4 billion out of the K146.9 billion worth…

Inflation remains substantially above RBM’s target band

August 1, 2026

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* Despite significantly falling from 23.4% in May 2026 to 21.1% in June offering some relief to households and businesses Maravi Express Following the release of the inaugural Malawi Pressure Index (MPI) by South Africa’s Don Consultancy Group (DCG)on Thursday, which classified the country’s inflation environment as ‘High Pressure’, the analysis continues to indicate that the inflation remains substantially above target band of the Reserve Bank of Malawi (RBM). The MPI was developed under the leadership of Chifipa ‘Chifi’…