Business Posts

Smart Connect: MITC’s bold digital push to fix Malawi’s trade gaps

Jul 11, 2025 Eric Chiputula 0 &

The Malawi Investment and Trade Centre (MITC) has launched a digital platform, Smart Connect, designed to tackle the country’s chronic supply shortfalls and boost its global trade presence. Unveiled in Lilongwe before government officials, business… ...

NBM National Women’s Football League set to kick off July 26

Jul 10, 2025 Archangel Nzangaya 0 &

Women’s football in Malawi is set for a breakthrough as the inaugural NBM National Women’s Football League kicks off on July 26, promising increased visibility, investment, and opportunity for female players across the country. The… ...

Ronald Ngwira takes helm at Illovo Sugar amid ongoing sugar supply challenges

Jul 08, 2025 Archangel Nzangaya 0 &

Illovo Sugar Malawi Plc has appointed seasoned agribusiness executive Ronald Ngwira as its new Managing Director, effective Monday, 8 September 2025, when the country is still grappling with an unstable sugar supply. Ngwira brings over… ...

Companies continue posting strong 2024 profits despite economic turmoil

Jul 04, 2025 Archangel Nzangaya 0 &

Malawi’s corporate sector is showing signs of resilience, with several companies defying prevailing economic hardships to announce substantial profits for the year 2024. Despite challenges such as inflation, forex shortages, and tight fiscal conditions, several… ...

SMEs urged to scale up job creation amid business growth

Jul 04, 2025 Archangel Nzangaya 0 &

Small and Medium Enterprises (SMEs) have been encouraged to create more employment opportunities for Malawians as they expand their operations and contribute to national development. The call came as National Bank of Malawi (NBM) plc… ...

Malawi to unlock $100 million investment through NBS-Afreximbank deal

Jul 03, 2025 Archangel Nzangaya 0 &

Malawi is poised to secure over US$100 million in transformative investments following the signing of a three-year Project Facilitation Agreement between NBS Bank plc and the African Export-Import Bank (Afreximbank). The agreement establishes a Joint… ...

NBM shareholders express concerns over Akiba losses, management vows to reverse trend

Jul 03, 2025 Archangel Nzangaya 0 &

Shareholders of National Bank of Malawi (NBM) plc have expressed concern over the continued poor performance of the Bank’s Tanzanian subsidiary, Akiba Commercial Bank, which posted a loss in the 2024 financial year. The concerns… ...