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News
CTS boss names Prophet Bushiri as her inspiration amid growing business empire - Featured News Malawi
20+ hour, 17+ min ago (178+ words) A Malawian business boss has revealed the unlikely source of her drive to succeed — famous prophet Shepherd Bushiri. Jacqueline Bokosi Kilmer, chief executive of CTS Group of Companies, made the striking admission as she unveiled her firm’s third venture: CTS…...
CTS Group opens auto parts outlet in Lilongwe - Business News Malawi
1+ day, 1+ hour ago (177+ words) CTS Group of Companies has opened CTS Auto Parts in Lilongwe, in a move the firm says marks its latest step in broadening its contribution to Malawi’s economy. Speaking at the opening ceremony on Sunday, guest of honour Kondwani Kachamba,…...
FDH Bank???s paradox: profits up, stock down - Business News Malawi
1+ day, 4+ hour ago (280+ words) A near-12% slide in FDH Bank’s share price has erased almost $100m from the paper wealth of Thom Mpinganjira, the bank’s founder and one of Malawi’s best-known financiers. His indirect stake, still worth some $760m, fell by MWK170.85bn ($98.41m) after the stock dropped 11.46% on…...
World Bank appoints Muwonge as Malawi country manager - Business News Malawi
5+ day, 11+ hour ago (162+ words) The World Bank Group has appointed Ugandan economist Abdu Muwonge as its new Country Manager for Malawi. He takes up office this month, leading a portfolio of 23 lending operations valued at about US$3 billion. Based in Lilongwe, Muwonge will also…...
Court asked to seize Blantyre Water Board funds over K3bn debt - National News Malawi
5+ day, 12+ hour ago (532+ words) Blantyre Water Board, the utility responsible for keeping taps running across Malawi’s commercial city, finds itself embroiled in a High Court battle that could see its bank and mobile-money accounts raided to settle a debt approaching K3 billion. Court papers lodged…...
Malawi???s 2026 tobacco season fetches K494 billion??? sharply down from last year - Business News Malawi
1+ week, 5+ day ago (291+ words) Malawi’s 2026 Tobacco Marketing Season has fetched approximately K494 billion (US$282.5 million) from 142.4 million kilogrammes sold over the first 19 weeks of trading, according to the Tobacco Commission (TC). The figures, contained in a statement signed by TC Publicist Telephorus Chigwenembe and released…...
Businessman accuses Airtel Malawi of abandoning kiosk in his office for a year while refusing to refund money after axing his dealership - Business News Malawi
1+ week, 5+ day ago (409+ words) A Malawi businessman has publicly accused Airtel Malawi of leaving an unused agent booth abandoned inside his office for almost a year, while refusing to refund fees he paid after the company deactivated his dealership over a staffing dispute. In…...
National Bank of Malawi backs internal auditors??? conference, stresses governance as???currency of trust??? - Business News Malawi
1+ week, 6+ day ago (201+ words) National Bank of Malawi Plc has reaffirmed the central importance of good governance to the banking sector, arguing that robust internal controls remain essential to sustaining public confidence in financial institutions. The bank’s Head of Internal Audit, Noel Tomoka, made…...
Chihana reinstated as CEO days after shock suspension??? following High Court ruling - Featured News Malawi
2+ week, 1+ hour ago (160+ words) Blantyre Water Board Chief Executive Officer Yeremia Chihana has been reinstated to his post, just days after being suspended on Friday, following a High Court of Malawi ruling delivered on August 30, 2026. The reinstatement was confirmed in an internal memorandum dated…...
RBM governor challenges Malawi banks on inclusion as Old Mutual unveils new finance arm - Business News Malawi
2+ week, 19+ hour ago (268+ words) Reserve Bank of Malawi governor George Partridge has called on the country’s financial services industry to accelerate efforts on financial inclusion, warning that large segments of the population remain excluded from formal credit and banking services. Speaking in Lilongwe on…...