Business – Page 6 – Maravi Express – Your Kind of News. Clear and accurate.

Malawi must adopt currency board arrangement to end chronic inflation and boost development—economic expert Thomas Ngoma

April 7, 2026

* Malawi inflation problem is not an economic mystery, it is an institutional failure * For decades, Malawians have lived with 20%+ inflation as if it were normal * This numbness to economic pain has allowed policymakers to rely on the same narrow blunt toolkit of discretionary monetary policy — even though it has repeatedly failed to deliver stability By Duncan Mlanjira Diaspora-based Malawian economic expert Thomas Ngoma — who has advanced a serious agenda that if Malawi is…

Dr. Henry Shamu back at Malawi Posts Corporation to strengthen its ongoing efforts of enhancing service delivery

April 7, 2026

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* That include delivering efficient, secure and dependable courier solutions tailored to corporate clients * No need for customers to worry about paying courier fees upfront through Posts Courier’s Cash on Delivery service * Provision of personalised Post Office Box at reasonable fee for corporates, NGOs, SMEs and inviduals across all its premises across the country, among others By Duncan Mlanjira Dr. Henry Shamu, who was re-appointed as Postmaster General, is expected to lead the Corporation’s ongoing efforts to…

Illovo Sugar Malawi invests K22 million toward MCCCI’s 2026 Business Leaders’ Summit

April 7, 2026

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Illovo MD Ngwira (left) hands over the sponsorship to MCCCI CEO Kambalame * The premier annual event that unites captains of industry, policymakers, entrepreneurs, development partners and thought leaders * To be held from April 22-24th at Sunbird Nkopola in Mangochi under the theme; ‘Leading with Purpose: Harnessing the Power of Transparency and Accountability’ By Duncan Mlanjira Illovo Sugar Malawi Plc has supported Malawi Confederation of Chambers of Commerce & Industry (MCCCI) with K22 million towards the hosting of…

Government averts industrial strike planned by fuel transporters

April 6, 2026

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* Allocates 85% of contractual volumes for the current fuel supply to Malawian transporters following concerns of dominance by international transporters * NOCMA addressing concerns of loading delays at sea ports in Mozambique and Tanzania by establishing offices in Beira and Dar es Salaam By Duncan Mlanjira Malawi Energy Regulatory Authority (MERA), in collaboration with the Ministries of Energy and of Transport, has averted an industrial strike planned by Bulk Vehicle Operators Trade Union (BVOTU) from tomorrow April 7…

MP Peter Dimba bemoans removal of Jean Piriminta as FIA Director General for freezing proceeds of sale of Amaryllis Hotel

April 3, 2026

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* It would appear that with every Administration, there quickly forms a critical mass of wickedness and crookedness around well-meaning Presidents * The cartel is what runs the State machinery and issues powerful instructions that the President oftentimes fails to reverse By Duncan Mlanjira Member of Parliament for Lilongwe Phirilanjuzi, Peter Dimba, of the Malawi Congress Party (MCP) as spokesperson on finance, has bemoaned the removal of Dr. Jean Piriminta as Director General for Financial Intelligence Authority (FIA) for…

UTM Party proposes cutting down on the ‘cascade of domestically imposed levies’ on fuel than wholesale pump price increase

April 3, 2026

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* Road levy is at K521/litre; rural electrification levy at K207/litre; under-recovery K350/litre; price stabilisation fund K168.77/litre; excise duty K279.32/litre; duty at K253.92/litre * Along with carbon tax, SFR levy, energy regulatory levy, distribution fund, import base landed cost (IBLC) loss recovery * These are not global oil prices; these are domestic policy choices — line by line, levy by levy, decision by decision * Well over 30% to 40% of the final pump price is driven not by…

CAMA appeals to traders and transporters not to unfairly push prices beyond reach of consumers due to fuel price increase

April 2, 2026

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* It is important to understand that both consumers and traders are affected by the fuel price increases and it will be necessary for both parties to recognise that they need each other during these difficult times * The recent price increase was unexpected but following recent global fuel price increases we expected to experience such fuel prices extended in Malawi * As well the recent wars in the Middle East that have triggered scarcities of fuel on the…

World Bank corroborates significance of Malawi’s Southern Africa power interconnector agreements

April 2, 2026

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* They can act as driver toward reversing Malawi’s exporter decline as indicated in World Bank’s Malawi Economic Monitor’s February 2026 special topic in ‘Reversing Malawi’s Export Decline’ report * Boosting exporter performance requires accelerating investments in critical infrastructure including energy generation & storage, regional power interconnectors and reliable transport corridors to Mozambican, South African and Tanzanian ports By Duncan Mlanjira In its February 2026 edition of the Malawi Economic Monitor (MEM); ‘Getting Reforms Right’, — whose special topic…

Thyolo man sentenced to 3 years of hard labour without option of fine for vandalising ESCOM copper wires

April 2, 2026

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| Business, Courts, National, News

Cases of vandalism on the increase * He was apprehended with 200 meters of 70mm hard-drawn copper wire By Dalitso Kampira, MANA Alli Mustafa has been sentenced to 36 months imprisonment with hard labour by Chief Resident Magistrate Court in Thyolo for vandalising Electricity Supply Corporation of Malawi (ESCOM) equipment. State Prosecutor, Inspector Ishmael Abubast, told the court that on March 1, 2026, Mustafa (40) and an accomplice, who remains at large, were caught in possession of the ESCOM…

Malawians Sobhuza Ngwenya and Levie Nkunika recognised in list of inaugural Africa’s top 100 marketers

April 1, 2026

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* The inaugural list of Most Influential African Chief Marketing Officers derived from assessments of marketing industry leaders in six African economic regions * And the diaspora covering definitive sectors of mobile money, telecoms, fintech, agribusiness, brewery, aviation and fast-moving consumer goods By Duncan Mlanjira Two of the country’s seasoned marketers, Sobhuza Ngwenya and Levie Nkunika, have broken into Africa’s top 100 rank of elite brand architects and reputation custodians, following research by Brand Africa and African Business Magazine. Ngwenya,…