Minister Kachale calls for stronger collaboration among SMEs, associations to address growth impediments

The Minister of Industry Roy Kachale Banda has called for enhanced collaboration and united voice among micro, small, and medium enterprises (MSMEs) in Malawi. Kachale emphasized that unity and speaking with one voice is critical in addressing challenges that affect the growth of SMEs in the country. The minister made the sentiments at two separate meetings he held […]

Malawi gazettes SMEs Order: Minister Gwengwe warns to revoke licences for  foreigners doing ‘petty businesses’

Malawi government has finally gazetted the long-awaited Small and Medium Enterprises (SMEs) Order effectively creating an adequate reserved space for the entrepreneurs to do business with the government and its numerous agencies. The SMEs have been facing bottlenecks to conduct business with the government, which among other things, included stiff competition from big businesses. This […]

Indigenous black businesses for patience among SMEs, call for partnerships

Indigenous  Businesspersons Association of Malawi (IBAM) has advised fellow players in the industry to develop resilience in the wake of Covid-19  and  collaboration to take up available government business opportunities. Ibam president Mike Mlombwa  encouraged the business community to learn from the survival mechanisms Chinese business players used to survive in a similar situation while […]

Minister Kachale creating enabling environment for private sector, SMEs

Minister of Industry Roy Kachale  has told vice-president Saulos Chilima that his ministry is working on reforms to create an enabling and competitive environment for private sector development as a crucial step for a  thriving private sector that can meaningfully contribute to national development. Chilima, who is also Minister of Economic Planning and Development and […]

Malawi poll political impasse hits SMEs, says business guru

A business guru has said the current political impasse over the highly contested  results of the May 21 2019 Tripartite Election – presidential race – has hit hard the small and medium enterprises. President of Indigenous Business Association of Malawi (Ibam) Mike Mlombwa said the political impasse has slowed down businesses, negatively impacting on small […]

Small firms fault Mutharika on Malawi ranking in global doing business index

In his State of the Nation address at the opening of parliament early November, President Peter Mutharika boasted that Malawi was doing fine in improving the Macroeconomic Environment for doing business claiming the country is “fast rising on the global doing business index”. However, the situation on the ground, speaks a different story. In fact, […]