Fueling Growth: National Bank of Malawi Empowers SMEs to Drive Job Creation and Economic Expansion
Key Business Points SMEs play a crucial role in creating job opportunities for Malawians, and their growth is essential for the country’s economic development. National Bank of Malawi (NBM) is […]
Malawi’s Mineral Wealth: A $3 Billion Game Changer for Economic Growth
Key Business Points Malawi’s mining sector has the potential to generate $3 billion annually, equivalent to the country’s essential import requirements, making it a game-changer for the economy. The sector […]
Empowering Women Led Businesses: RBM and Partners Drive Economic Growth through SME Reforms
Key Business Points Financial education and targeted credit reforms are crucial for women-led micro, small, and medium enterprises (MSMEs) to overcome long-standing barriers to growth in Malawi. Limited access to […]
First Capital Bank Drives Malawi’s Economic Momentum
Key Business Points Solar Power Investment: Mzuzu University is investing $20 million in a 20 megawatts solar power plant, which will contribute to the Northern Region’s electricity generation and potentially […]
Empowering Malawi’s SMEs: Harnessing Growth through Dedicated Government Support
Key Business Points Limited access to affordable loans and punitive interest rates are stifling the growth potential of small and medium-sized enterprises (SMEs) in Malawi, highlighting the need for a […]
Navigating Malawi’s Economic Crossroads: Turning Challenges into Opportunities
Key Business Points Malawi’s business community must be prepared to address the looming employment crisis, with 1.2 billion young people entering the labor market over the next decade, but only […]
Malawi’s NBM Delivers Record K59bn Dividend to Shareholders
Key Business Points Record dividend payout: National Bank of Malawi (NBM) shareholders will receive a record dividend payout of K59 billion, representing a K126.35 dividend per ordinary share. Strong financial […]
Propelling Growth: NBM’s Record Profit Highlights Leadership’s Positive Impact on Malawi’s Economy
Key Business Points Strong leadership and management have enabled National Bank of Malawi (NBM) to achieve a record K101 billion profit after-tax in 2024, despite a challenging economic climate. NBM’s […]
Forex Woes Threaten Multi Million Dollar Hotel Investment in Malawi: What’s at Stake for the Economy?
Key Business Points Foreign exchange shortages are significantly impacting the construction of the K43 billion Cresta Lifestyle Hotel in Blantyre, causing delays and potential cost escalation. Tobacco sales have declined […]
Navigating Malawi’s Economic Shift: Mitigating Risks in the Property Market
Key Business Points Aid withdrawal by development partners is expected to lead to a downturn in Malawi’s property market, with potential project closures and reduced demand for office space. High […]