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Category: Business

President Mutharika geared to reset the Malawi economy despite challenges; sets the tone as he opens 52nd session of Parliament
October 31, 2025
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| Business, National, News

* He immediately revoked government-to-government fuel procurement system and announced return to open tendering system in its place * He also signalled a swift plan to deal with fertilizer shortages and exorbitant pricing, re-invigorating forex revenue through opening of mines and industrialisation, and securing electricity supply By Duncan Mlanjira President Arthur Peter Mutharika evoked the saying that good politics makes good economics by emphasising his priority plan to tackle food, fuel and forex shortages and realigning public service delivery…

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President Mutharika abolishes school development fund or any other fees in all public schools except boarding fees
October 31, 2025
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| Agriculture, Business, Education, Law Enforcement, National, News

* The government has introduced free secondary education by fees for abolishing tuition, examination, school development and identity card * Mutharika unveiled a series of new government initiatives aimed at improving livelihoods, boosting industrialisation, and enhancing service delivery * But for all this to happen, good governance and rule of law will be very key. I will not tolerate any corruption * My Government will empower the Anti-Corruption Bureau to prosecute corruption cases without fear or favour. In the…

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President Mutharika retains four more Ministers from his previous administration in his lean 24-member 2025 Cabinet
October 31, 2025
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| Business, National, News

* Bright Msaka; Ben Malunga Phiri; Mary Navicha; Jappie Mhango; along with Joseph Mwanamveka and George Chaponda whom he had first appointed * Other new faces include Shadrick Namalomba (Minister Information & Communications Technology); lawyer Charles Mhango (Minister of Justice & Constitutional Affairs); former Inspector General of Police Peter Mukhito (Homeland Security) — whose deputy is Norman Chisale (Operations) By Duncan Mlanjira Along with Joseph Mwanamveka and George Chaponda whom had first appointed as Ministers of Finance, Economic Planning…

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Airtel Africa posts profit after tax of US$376m improving from US$79m; a growth of 375.3% for half-year ended September 30, 2025
October 30, 2025
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| Business, International, News

* Airtel Money customer growth up at 20%, bringing the total customer base to 49.8 million — driving digital adoption and strengthening the ecosystem to advance financial inclusion * The Board has declared an interim dividend of 2.84 US cents per share, an increase of 9.2% in line with Airtel Africa’s progressive * Our strategy has been focussed on providing a superior customer experience and the strength of these results is testament to the initiatives that we have been…

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Customers encouraged to methodically count money they have withdrawn right before bank tellers no matter how much
October 30, 2025
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| Business, News

K5,000 notes contaminated with K2,000 ones as alleged by a customer  * A video clip posted on Facebook has gone viral on several other social media platforms in which a customer indicates that he withdrew K500,000 but he trusted the bank teller by not counting the cash * He indicated that he only realised that amongst the K5,000 notes, there were five K2,000 notes that had been slipped in — thus he was shortchanged by K10,000 By Duncan Mlanjira…

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CDH Investment Bank solidifies its partnership with Beit CURE Children’s Hospital
October 30, 2025
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| Business, Health, News

Zondwayo Mafuleka (2nd right) hands over the cheque to Davie Simengwa * Invests K3 million towards the targeted K310 million annual fund-raising goal towards its mission is to provide free, life-changing surgical and rehabilitative care * For children with conditions such as clubfoot, knock knees, burn contractures, and other orthopaedic conditions * CDH Investment Bank’s mantra is to help businesses to grow but for this to be achieved, we need to have a healthy society By Duncan Mlanjira CDH…

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Airtel Malawi honoured with 4 accolades at the 2025 IMM Marketing Excellence Awards
October 29, 2025
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| Business, News, Sports

* Outdoor Campaign of the Year (ChezaFaya Combo Bundles); Social Media Campaign of the Year (Airtel Top 8); Marketing Campaign of the Year (Brand-Airtel Top 8); Marketer of the Year (Norah Chavula-Chirwa) * These awards reflect our commitment to connecting with Malawians in meaningful ways, through culture, technology, and innovation * We’re proud of our team’s creativity and the impact our campaigns continue to make in fostering connectivity for all Malawians—MD Aashish Dutt By Duncan Mlanjira Airtel Malawi has…

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Economic analyst Ngoma offers to train financial experts on how to implement currency board administration 
October 28, 2025
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| Business, News

Thomas Ngoma * All they have to do is to agree to form an implementation team and I will guide the rest step by step to answer all their questions for the team to be fully trained up on it  * Malawi used the system before attaining Independence. We had non of these economic problems to do with forex shortages  * The UK still uses it today along with Scotland, Northern Ireland, Falklands, Hongkong, Namibia, RSA among others By…

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Global Airess solution to hustle-free car importation logistics from South Africa
October 28, 2025
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| Business, News

* The logistics firm handles all hassles of export paperwork in South Africa with every department that deals with export goods * Including cars from South Africa, from SARS to Interpol SADC certificate and all documentation — everything is handled in house * The cars are then load the vehicles on carrier trucks all the way to Malawi since cars which are deregistered are not allowed to be driven on the roads of South Africa, Zimbabwe and Mozambique By…

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Malawi to launch Circular Economy Network: A bold step towards environmental sustainability and inclusive growth
October 28, 2025
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CEN-Malawi chairperson, Olive Kawelama * The initiative seeks to promote a regenerative economic system where waste is minimised, resources are reused, and opportunities for community-driven green growth are maximised By Duncan Mlanjira In a bold step towards environmental sustainability and inclusive growth, Malawi is set to officially launch Circular Economy Network (CEN-Malawi) — a groundbreaking initiative aimed at transforming the country’s approach to environmental sustainability, circular innovation, and responsible resource use. The historical event is scheduled for Bingu International…

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