The World Bank is putting pressure on Malawi over the pace of its digital overhaul. A team led by Paul Ndungutse sat down with officials from the communications regulator MACRA to review how the Digital Malawi Acceleration Project is actually running. The talks were meant to surface gaps in implementation and decide where the bank might direct more support.
<p>Minister of Finance, Economic Planning and Decentralisation Joseph Mwanamvekha has described the Dedza One Stop Border Post as one of Malawi’s most strategic revenue-generating points, following a hands-on inspection visit to the facility. Speaking during his tour, Mwanamvekha said the vast majority of goods passing through Dedza are destined for Lilongwe, Mzuzu, Zambia and other […]</p> The post <a href="https://www.nyasatimes.com/finance-minister-mwanamvekha-dedza-border-is-a-strategic-revenue-point-but-smuggling-and-porous-borders-remain-a-headache/">Finance Minister Mwanamvekha: Dedza border is a “strategic revenue point” — but smuggling and porous borders remain a headache</a> appeared first on <a href="https://www.nyasatimes.com">Malawi News | Breaking News, Politics, Business & Sports | Nyasa Times</a>.
<p>Share prices continued to dip on the Malawi Stock Exchange (MSE) with the 17-counter market recording a negative return in July-August amid persistent over supply of stocks as institutional investors limit their equity investment levels. Malawi Stock Exchange (MSE) data show that the Malawi All Share Index (Masi), the overall measure of market performance dropped …</p> <p>The post <a href="https://mwnation.com/shares-continue-to-plummet-on-stock-market-data-show/">Shares continue to plummet on stock market, data show</a> appeared first on <a href="https://mwnation.com">Nation Online</a>.</p>
<p>Police in Karonga have arrested Yekai Liao, a 36-year-old Chinese national, on suspicion of running an unlicensed online business — after officers raided a lodge and discovered a room packed with computer equipment and staff working strange overnight hours. Liao was arrested on August 29 during a police operation at Nechos Lodge in Mwanganda Village, […]</p> The post <a href="https://www.nyasatimes.com/chinese-national-arrested-after-police-raid-mystery-overnight-online-business-run-from-remote-malawi-lodge/">Chinese national arrested after police raid “mystery” overnight online business run from remote Malawi lodge</a> appeared first on <a href="https://www.nyasatimes.com">Malawi News | Breaking News, Politics, Business & Sports | Nyasa Times</a>.
<p>National Bank of Malawi (NBM) plc has announced a half-year profit after tax of K133.97 billion for the period January to June 2026, representing a 59% increase from the 2025 financials. In a statement signed by Board Chairman Grant Kabango, Chief Executive Officer Harold Jiya, Chief Financial Officer Daniel Jere and Director Madalo Mwenelupembe, the […]</p> The post <a href="https://www.nyasatimes.com/nbm-plc-announces-59-h1-profit-increase/">NBM plc announces 59% H1 profit increase </a> appeared first on <a href="https://www.nyasatimes.com">Malawi News | Breaking News, Politics, Business & Sports | Nyasa Times</a>.
The Tobacco Commission announced the 2026 marketing season will close on September 10, after 21 weeks. Farmers have complained about poor prices throughout the season.
Household debt in Malawi reached K1 trillion in 2025 as residents take out loans to manage rising living costs. The Reserve Bank of Malawi reports that consumers are now borrowing more than businesses.
CDH Investment Bank reported a profit after tax of K41 billion for the year ending June 30. CEO Thoko Mkavea said the bank will keep a cautious but proactive approach, focusing on risk management and operational excellence. He made the remarks on Monday in response to the financial results.
Umodzi Holdings, the state-owned operator of Umodzi Park Resorts in Lilongwe, posted a K1.2 billion profit after tax for the first quarter of 2026/27. That's up 14.5% from K1.0 billion a year earlier. The growth came mainly from its conference and events business.
A Malawian businessman, Chucks Lungu, has accused Airtel Malawi of leaving an unused agent kiosk in his office for nearly a year. The company deactivated his dealership over a staffing dispute but refused to refund his fees. Lungu aired his complaint publicly on Facebook.
Nyasa Rainbow Alliance trained 50 LGBTIQ Malawians in plumbing and electrical installation to promote economic self-reliance. The one-day session was supported by Outright International under the LGBTIQ Economic Justice Project. The initiative aims to give community members practical skills for income generation.
National Bank of Malawi has given 5 million kwacha to support an internal auditors' conference. The bank's head of internal audit, Noel Tomoka, said good governance is essential for public trust in banks. He argued that strong internal controls are the foundation of that trust. The conference will focus on improving audit practices.
Centenary Bank posted a half-year profit after tax of K5.6 billion for the period ending 30 June 2026, up from K3.6 billion in the same period last year. That's also a 3% gain over its full-year 2025 profit of K7 billion. The bank attributes the improvement to rising customer deposits and asset growth.
Malawi is seeking $2.4 billion from private investors and development partners to develop 470,000 hectares of irrigable land for mega-farm projects. The appeal was made at the Africa Food Systems Forum in Kigali, Rwanda. The plan aims to boost agricultural investment.
Agra is calling for a new partnership among governments, farmers, and businesses to convert two decades of progress into real prosperity for farmers. The appeal came after the release of its impact and learning report at the Africa Food Systems Forum in Kigali. The organization's leader, Ruhweza, emphasized turning progress into income.
CDH Investment Bank reported a profit after tax of K41 billion for the first half of 2026, a 124 percent increase from K18.3 billion a year earlier. CEO Thoko Mkavea said the results reflect the bank's strength. The performance marks a strong first half.
Malawi's cotton harvest took a sharp hit this year, and the Cotton Council blames late delivery of farm inputs. Farmers were supposed to get seeds and chemicals through a zero-deposit loan scheme, but delays left many without supplies in time. The 2026 marketing season closed on August 23 with production at just 4,200 metric tonnes. That is an 80 percent drop from previous levels, according to the council.
Malawi's foreign exchange scarcity is choking investment in telecommunications. This threatens digital infrastructure rollout key to Malawi 2063. A GSMA report shows Malawi could unlock K1.1 trillion in economic value and create jobs.