Revitalizing Malawi’s Economy: Exposing Inefficiencies in the Extractive Sector to Drive Growth and Prosperity
Key Business Points Revenue losses and illicit financial flows are potential risks in Malawi’s extractive industry due to identified vulnerabilities, emphasizing the need for transparent governance and robust regulatory frameworks. […]
Revitalizing Malawi’s Economy: Breaking Free from Dollar Dependence
Key Business Points Malawi should consider settling its trade with China directly in yuan to reduce transaction costs, ease pressure on foreign-exchange reserves, and stabilize the kwacha. Direct yuan settlement […]
Revitalizing Malawi’s Construction Sector: New 100m Cement Plant to Stimulate Economic Growth
Key Business Points Investment Opportunity: Portland Cement Limited (PCL) has launched a $100 million integrated cement factory in Balaka District, boosting Malawi’s construction industry with a daily production capacity of […]
Revitalizing Malawi’s Economy: Minister Outlines Strategic Tax Reforms to Fuel Business Growth
Key Business Points Tax reforms: The Malawi government has introduced new tax measures, including a revised Pay As You Earn (Paye) structure and an increased value added tax (VAT) rate, […]
K44 Billion Windfall: Malawi’s Budget Cleanup Yields Massive Savings
Key Business Points The Malawi government expects to save up to K44 billion by implementing austerity measures, which will have a significant impact on the country’s fiscal health. Expenditure cuts […]
Malawi’s Economic Crossroads: Navigating Challenges, Seizing Opportunities for Growth
Key Business Points Poverty levels in Malawi have reached an alarming rate, with 75% of the population living on less than $3 (about K5,253) per day, according to the World […]
Revitalizing Malawi’s Economy: Closing the Funding Gap to Empower Youth Employment and Drive Business Growth
Key Business Points Youth unemployment is a pressing issue in Malawi, with only 8% of youths employed, prompting the government to unveil new steps to tackle the problem, including expanding […]
Revolutionizing Malawi’s Economy: Harnessing AI for Growth and Prosperity
Key Business Points Malawi’s AI ambitions are on the rise, with a focus on education, agriculture, and digital enterprise, presenting opportunities for local entrepreneurs to tap into this growing technology. […]
Revitalizing Malawi’s Microfinance Sector: A Key to Economic Growth and Prosperity
Key Business Points Malawi’s microfinance sector has seen a 32.2% growth in total assets, reaching K172.6 billion, with liquidity and core capital above regulatory thresholds. Despite elevated interest rate risk […]
Malawi’s Import Burden: A Growing Concern for Business Leaders and the National Economy
Key Business Points Economic imbalance: Malawi’s growing appetite for imports is driving the country’s economic imbalance, according to Finance Minister Joseph Mwanamvekha. Private sector challenge: The Minister is challenging the […]