Tag: business
2026 tobacco marketing season closes
The 2026 tobacco marketing season has officially closed after 21 weeks of trading, with 144.5 million kilogrammes of tobacco sold for US$286.1 million.The Tobacco Commission says the tobacco was sold at an average price of US$1.98 per kilogramme as of Wednesday, September 9.The Commission describes the 2026 marketing season as a success despite challenges, notably...
Govt to sell long idle ships
Malawi Government is set to dispose of three long-idle vessels as it moves to introduce new ships and modernise infrastructure at Monkey Bay Port in Mangochi District.The vessels earmarked for disposal are MV Mpasa and MV Nkhwazi, which are currently at Monkey Bay Port, and MV Mcheni, which is based in Nsanje District.Ministry of Transport...
Madalitso gets K50m to change his life
At 24, Moses Madalitso has been combining carpentry with adult education to build a better future. Now, a K50 million windfall could change the direction of his life.Madalitso, a carpenter and adult learner from Thyolo, won the grand prize in the final draw of the Airtel Money Tola Promotion.He received the K50 million cheque at...
‘I’m not on the run’: Lumbe pushes back as customers turn up heat
As angry customers demand answers over plots they say they paid for but never received, Citizen Real Estate owner Rodwell Lumbe has surfaced from China to insist that his absence from Malawi is for training, not escape.In a statement posted on his social media page, Lumbe said he travelled to Guangdong, China, several weeks ago...
Coffee farmers count the cost as prices tumble
Malawi Coffee growers are counting the costs which mismatches the low prices on market
NBM takes Malawi business beyond borders
National Bank of Malawi (NBM) plc is looking beyond Malawi as it seeks to expand its regional business reach through participation in a major trade fair in Mozambique.The bank is among exhibitors at the 61st Maputo International Trade Fair (FACIM), which ran from August 31 to September 6, 2026, at the Ricatla International Trade Fair...
O’Mbewe! United States seizes Malawian ‘mice’ at Chicago airport
A traveller arriving from Malawi had their bag busted at Chicago’s O’Hare Airport carrying over 2lbs of dead African mice for human consumption and 22lbs (10kg) of beef. Agriculture K-9 Elvis sniffed out the luggage, prompting US Customs officers to search it. Authorities seized the mice over the risk of zoonotic disease and the beef...
Achinyamata, iwalani za ntchito: Miyala ya mtengo wapatali ya mu dziko muno azikaikonzera ku Ulaya
...Ndalama pafupifupi 1 thiliyoni zipita ku Poland kukayamba ntchito yosula miyala ya ku Malawi Pamene sukulu za ukachenjede mu dziko muno zili pakalapakala kusula akatswiri pa ntchito za migodi, zadziwika kuti ambiri mwa iwo atha kukhala chabe malova ochezerera Tikitoko ndi Fesibukhu. Za ntchito za migodi asazilingalire kwenikweni chifukwa ngakhale migodi imeneyi ili mu dziko...
MEDF slashes loan processing time
The wait for business financing could soon become less frustrating for Malawian entrepreneurs after the Malawi Enterprise Development Fund (MEDF) cut its loan processing period.The Fund has reduced its loan processing period from 30 days to 12 days, with the Chief Executive Officer Kayisi Sadala saying the reform is aimed at helping small businesses access...
PCL ordered to pay billions over PTC collapse
Press Corporation PLC (PCL) has been hit with a multibillion-kwacha bill over the collapse of its former retail giant, Peoples Trading Centre (PTC).The Court has ordered PCL to pay K7.07 billion to the liquidator of PTC, after finding that the conglomerate allowed its wholly owned subsidiary to continue operating and accumulating debts despite being aware...
Miss Malawi fallout: Thandi Chisi spills the beans
...Miss Malawi contract deliberately changed ...Queen told to borrow money for pageant licence Reigning Miss Malawi Thandi Chisi has spilled the beans on the controversy surrounding her snub for Miss World 2026. First Princess Ireen Navicha, the daughter of Cabinet minister Mary Navicha, was sent to represent Malawi in Vietnam instead. Chisi says the Miss...
Speaker orders Amaryllis inquiry report release
The long-running controversy surrounding the acquisition of Amaryllis Hotel has taken a fresh turn, with Parliament moving to force answers into the public domain.Speaker of the National Assembly Sameer Suleman has directed that the report of the parliamentary inquiry into the controversial acquisition of Amaryllis Hotel be released within seven days.Speaking during a media briefing,...
Malawi tobacco marketing season to close next week
Tobacco Commission (TC) has announced that Malawi’s 2026 tobacco marketing season will close next week.The season will officially end on Thursday, September 10, bringing 21 weeks of trading across the country’s four tobacco markets.The Commission said the decision follows an industry assessment which found that tobacco deliveries to the markets had declined significantly, indicating that...
Collins Magalasi: Mutharika’s former State House aide arrested again as Amaryllis cash trail bites
CCTV footage implicates State House President Peter Mutharika's former State House aide and former Malawi Energy Regulatory Authority (MERA) Chief Executive Officer Collins Magalasi has been arrested again as investigators follow an explosive cash trail that allegedly connects people within State House to billions withdrawn from proceeds of the controversial K128.7 billion Amaryllis Hotel deal....
New fertiliser option for Malawian farmers
Malawian farmers could soon have a new fertiliser option as Press Cane Limited starts producing organic fertiliser at its plant in Chikwawa.The company expects the locally produced fertiliser to reach the market during the 2026 growing season, potentially giving farmers another source of farm inputs while reducing reliance on imported fertiliser.Speaking during a media tour...
Salary cuts become billion-kwacha payouts
A 2020 decision to reduce executive salaries at the Reserve Bank of Malawi (RBM) has now turned into a costly compensation dispute, with former senior officials securing payments.This is so as the Industrial Relations Court (IRC) has found that the 2020 salary reductions at the institution were unlawful.For the affected executives, the dispute has been...
NOCMA makes U-turn on K0.7 billion payment
After public pressure over reports that K0.7 billion was lost to fraudsters posing as Mozhandling Limited, NOCMA has suddenly changed its tune. The company is now insisting that no money was swindled after earlier saying the payment was being investigated as suspected fraud.Speaking to the local media, NOCMA Public Relations Officer Raymond Likambale said Mozhandling’s...
MRA strategy plan targets stronger domestic revenue for Malawi
The five-year Corporate Strategic Plan aimed at boosting domestic revenue collection and strengthening Malawi's ability to finance its own development
Malawi loses K700m in NOCMA cyber heist
NOCMA has been duped K700 million in fuel procurement
Can TNM’s MK30.87bn investment meet demand?
For a small business owner, a mobile phone can be the difference between reaching a customer and losing a sale.For a student, reliable internet can mean access to learning materials, while for families, mobile connectivity keeps people in touch and enables them to send money across the country.As more Malawians depend on mobile services for...
After the first device, what next? PayChangu points to commerce gap
The recent GSMA report presented at the Digital Africa Summit suggests that closing the mobile internet usage gap in Malawi could add MWK 1.1 trillion to the economy and create 490,000 jobs by 2030. However, PayChangu has stressed that achieving these gains will require more than simply getting smart devices into people’s hands.In an interview,...
BCC warns of arrests over illegal car businesses
Blantyre City Council is moving against illegal car sales and car wash businesses operating in undesignated areas.Mayor Isaac Jomo Osman has warned that the council will arrest people found conducting such businesses outside approved areas.Osman was reacting after the group calling themselves Concerned Citizens of Malawi–People Power Movement asked the Blantyre City Council to clarify...
87% 4G coverage, but low internet access in Malawi
In Malawi there is 87% of 4G coverage, but only 12.5% actively uses internet
Payment relief looms for tobacco growers
Tobacco growers are expected to get their outstanding payments this August
The Gift Problem Nobody Talks About in the Naturist Community
There’s a gift problem that nobody in the naturist community talks about, because from the inside, it seems obvious. But from the outside — from the perspective of a partner, a child, a friend who isn’t naturist — finding something meaningful is genuinely hard. You want to acknowledge a part of someone’s life that matters...
Another K1.5 billion bill for Malawi as RBM pays Mathanga
…RBM deputy earns more than US Federal Reserve chair, Irish deputy governor…in a country the World Bank says is among the world's 10 poorest…K1.5bn payout matches entire 2026/27 Griffin Saenda allocation…AG Mbeta had ruled out benefits for Mathanga's years away…payment lands as RBM sells 590kg of gold to raise desperately needed cash Malawi has paid...
Fuel shortage fears resurface in Blantyre
There are fears of looming fuel shortage as some service stations in Blantyre have run dry
M’mbelwa chases K200m in unpaid licence fees
M’mbelwa traders could soon feel the heat as the district council moves to recover K200 million in unpaid business licence fees.The council has intensified enforcement after a three-month voluntary payment period expired, giving traders a final opportunity to settle their outstanding fees before tougher action.M’mbelwa District Council Director of Finance, Sambiri Ziba, said the exercise...
CAMA faults water tariff hike
Government has hiked water tariffs
SMEs urged to look beyond banks for long-term capital
Malawi's SMEs could have more options for raising long-term capital if more businesses understand how stock markets work. The Botswana Stock Exchange is calling for stronger regional cooperation and greater private sector education to increase listings and investment.
Parliament leaves Amaryllis deal questions unanswered nd
Parliament has adjourned without tabling PAC findings on the controversial MK128 billion Amaryllis Hotel acquisition by PSPTF.
Best places to visit in Malawi: a complete guide for 2026
From Lake Malawi and Mount Mulanje to Liwonde, Majete, Senga Bay and Misuku Hills Malawi is often described as the "Warm Heart of Africa", but its greatest tourism strength is variety rather than a single landmark. Within a day's journey, visitors can move from freshwater beaches to high mountains, from wildlife reserves to UNESCO World...
MPs hailed for fast-tracking digital finance reforms
Finance Minister Joseph Mwanamvekha has praised MPs for passing four key Bills aimed at modernising Malawi’s payment systems and strengthening the economics profession.
Policy rate maintained at 24%
RBM has kept its key interest rate at 24 percent
Food prices drop, but electricity costs weigh on families
RBM's Monetary Policy Committee (MPC) announced on Thursday that it had maintained the policy rate at 24 percent,
Kalondola tax stamps boost MRA revenue
Kalondola tax stamps improve revenue
Financial laws must match digital era
Minister of Finance, Joseph Mwanamvekha says financial laws should catch up with technology
Digital shift needs stronger protection – Mwanamvekha warns
Finance Minister Joseph Mwanamvekha emphasizes the need for enhanced security as Malawi transitions to digital payments, cautioning against rising cyber risks.
Unclaimed billions could reshape Malawi’s future
MCP Spokesperson on finance Peter Dimba is imploring on government to establish a sovereign wealth fund
Unclaimed funds to move to MG Account No. 1
New legislation allows unclaimed funds to benefit the public while protecting owners' rights.
Gwamba’s stadium photos are in. Landlord Pakwao Concert may have generated over K1 billion
Early estimates suggested Gwamba's Landlord Pakwao Concert over the weekend may have generated about K1 billion in gross ticket sales. But new stadium photos shared by the Malawian artist tell a different story. They reveal a much larger crowd than earlier estimates suggested. Fresh crowd analysis indicates the concert could have generated well over K1...
Gwamba’s concert pulls in more than K1 billion?
Gwamba's Landlord Pakwao Concert may have become the first music event in Malawi to cross the K1 billion mark. Early crowd analysis and ticket price estimates suggest the event could have generated more than K1 billion (about US$600, thousand) in gross ticket sales before expenses. If confirmed, the Landlord Pakwao Concert would rank among the...
TNM posts record profit as debt burden eases
Telekom Networks Malawi (TNM) has strengthened its financial position after more than doubling its annual profit, a development that could boost investor confidence and support the company’s future growth.The company has recorded a major financial turnaround, with net profit after tax surging by 112 percent to MK21.27 billion in 2025, as the telecommunications company recovers...
Mystery as woman feared murdered: Alleged killers’ chilling WhatsApp posts shock Malawi
A Mzuzu woman is feared to have been murdered. Chilling WhatsApp posts allegedly published by her attackers have left Malawians in shock. The woman, identified as 30-year-old Rita Mkandawire, has not been seen since the disturbing messages began circulating on Wednesday. The messages, allegedly posted using Mkandawire's own phone, claim she has been killed. They...
MRA confident of hitting revenue target
The Malawi Revenue Authority (MRA) says a strong first quarter has boosted its confidence that it will achieve its annual revenue collection target, with improved systems and new measures expected to keep collections on track.MRA was tasked with collecting K6.2 trillion in the 2026/2027 financial year to support government operations and development programmes.Speaking in Blantyre...
NBM Pension posts 115% investment income
Pension members could see stronger growth in their retirement savings after NBM Pensions Administration Limited (NBM PAL) reported investment income of up to 115 percent in 2025.The return was recorded from the company’s unrestricted pooled pension fund, potentially giving members a stronger financial cushion for life after employment.NBM PAL disclosed the performance during a client...
Cash habit puts pressure on Malawi’s currency system
Malawi’s heavy reliance on cash is becoming increasingly costly, with billions of kwacha now needed to replace damaged banknotes, raising concerns over the sustainability of the country’s cash-driven economy.The Reserve Bank of Malawi (RBM) expects to spend about K69.8 billion on replacing worn-out and damaged banknotes, up from K50.6 billion spent in 2025, as frequent...
“It wasn’t us”: Bushiri’s Goshen City enters Miss Malawi row
...Reveals Thandi Chisi was not considered for Miss World ...Defends Ireen Navicha's selection while denying involvement The Miss Malawi controversy took another dramatic turn on Friday after Prophet Shepherd Bushiri's Goshen City broke its silence, revealing that reigning Miss Malawi Thandi Chisi was never considered for the Miss World opportunity while defending the selection of...