business

Over the past years, the government of Malawi has faced serious corrupt deals in all sectors. This has spread over to housing construction for security forces. Some government officials have faced allegations of receiving bribes for the construction of houses project. Security officers have been facing serious housing projects for a long time. The government plans to construct housing units for them and...

The Government of Malawi is set to receive a grant worth €20 Million from the European Union (EU) in collaboration with Kreditanstalt fÜr Wiederaufbau (KfW). The grant will go into the Malawi-Mozambique interconnector project. This project will connect Malawi to the Southern African Power Pool (SAPP). This will help the country in solving electricity problems that it is facing currently. Malawi will...

  Malawi’s first citizen, Professor Arthur Peter Mutharika, said the establishment of the Grand Business Park in Lilongwe, is a confirmation that the direct investment program established by the government will yield positive results, bring jobs and money into the country. The statement was made during the ceremony to mark the construction of the multi-million dollar project - the Grand...

The World Bank Doing Business 2018 Report revealed that Malawi has ranked up from 133th to 110th on the ease of doing business index. The report indicates that Malawi has done well on jumping position due to four reforms the country undertook, making it easier to do business over the course of last year dealing with construction permits, getting credit, resolving insolvency and trading across...

The agri-processor Jacoma Estates has raised $11.5 million to expand its supplier network to almost 1,400 small macadamia farms in Malawi. Without the help, macadamia farms do not have access to export markets. Through a grant from AgDevCo backed by the MasterCard Foundation, Jacoma Estates will also offer climate resilience assistance to macadamia farmers. AgDevCo re-upped a previous $2 million loan...