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

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…

Read More

Posted in Business, National, News Comments Off on District Councils start receiving Local Authority Performance Assessment funding to implement development projects
Thomas Bisika receives profound messages of appreciation after finishing his tour of duty as Malawi High Commissioner to the UK

* 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…

Read More

Posted in Business, International, National, News Comments Off on Thomas Bisika receives profound messages of appreciation after finishing his tour of duty as Malawi High Commissioner to the UK
Malawi’s economic expansion remains below potential despite GDP growth recovering to 2.5%

* 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…

Read More

Posted in Business, National, News Comments Off on Malawi’s economic expansion remains below potential despite GDP growth recovering to 2.5%
‘Achieving 93% subscription, Continental Holdings’ IPO is a significant achievement in today’s economic environment’—market analyst Benedicto Nkhoma

* 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…

Read More

Posted in Business, News Comments Off on ‘Achieving 93% subscription, Continental Holdings’ IPO is a significant achievement in today’s economic environment’—market analyst Benedicto Nkhoma
Inflation remains substantially above RBM’s target band

* 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’…

Read More

Posted in Business, National, News Comments Off on Inflation remains substantially above RBM’s target band
Influential business development professional Kwanele Ngwenya appointed as NICO Holdings Plc Deputy Group Managing Director

* Brings over 30 years of senior leadership experience across southern and Eastern Africa * Having also served for NICO Group’s subsidiary, the NBS Bank Plc as chief executive officer for eight years * This appointment reflects our commitment to strong leadership succession as we continue to grow our footprint and ambitions across the region By Duncan Mlanjira Effective today, August 1, 2026, influential business development professional, Dr. Kwanele Ngwenya is serving as Deputy Group Managing Director NICO Holdings…

Read More

Posted in Business, News Comments Off on Influential business development professional Kwanele Ngwenya appointed as NICO Holdings Plc Deputy Group Managing Director
Government engaging private sector investors to expand electricity generation

* We do not produce or generate enough power for our consumption, yet the demand is huge * More people need to be supplied with electricity—Energy Minister, Jean Mathanga Maravi Express Minister of Energy, Jean Mathanga  says government is engaging private sector investors to expand electricity generation, expressing confidence that the combined investments in generation and storage will strengthen grid stability. Speaking in Lilongwe to the media, Mathanga stated that efforts have been stepped up to invest in electricity…

Read More

Posted in Business, National, News Comments Off on Government engaging private sector investors to expand electricity generation
Public-private sector partnerships vital for economic development—Speaker of Parliament Sameer Suleman

* As he received K24 million sponsorship from National Bank of Malawi towards the hosting of the 55th Commonwealth Parliamentary Association (CPA) Africa Region Conference * To be held from August 9-16, 2026 at the Bingu International Convention Centre (BICC) in Lilongwe under the theme;  ‘Renewing the Social Contract: Parliaments as Catalysts for Inclusive Growth and Citizen Trust’ By Duncan Mlanjira In commending National Bank of Malawi (NBM) for sponsoring K24 million sponsorship towards the hosting of the 55th…

Read More

Posted in Business, National, News Comments Off on Public-private sector partnerships vital for economic development—Speaker of Parliament Sameer Suleman
Malawi records a high MPI high-pressure reading of 78; signaling rising macro-economic stress amid global uncertainty

* While this does not imply that the economy is in crisis, it signals that macro-economic conditions remain under significant stress * And that coordinated policy interventions are required to strengthen resilience and reduce vulnerabilities Maravi Express The new Malawi-Pressure-Index (MPI), which has been developed by South Africa’s Don C onsultancy Group (DCG), has been released, which indicates that Malawi has recorded a high MPI high-pressure reading of 78 — signaling rising macro-economic stress amid global uncertainty. It has…

Read More

Posted in Business, National, News Comments Off on Malawi records a high MPI high-pressure reading of 78; signaling rising macro-economic stress amid global uncertainty
Payments made to foreign artists for performances and related engagements in Malawi subject to tax

* In accordance with the Taxation Act under Section 11 unless specifically exempted under the provisions of the Act * Announced jointly by MRA, Copyright Society of Malawi (COSOMA), Malawi Censorship Board and Musicians Union of Malawi By Duncan Mlanjira Payments made to foreign artists for performances and related engagements in Malawi are subject to tax in accordance with the Taxation Act. In a joint statement from Malawi Revenue Authority (MRA), the Copyright Society of Malawi (COSOMA) and the…

Read More