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Swift Capital, GadgetZone launch asset financing to bridge technology access gap

Microfinance institution Swift Capital Growth Partners and technology retailer GadgetZone M Limited have announced a strategic Asset Financing Partnership aimed at making quality electronics more accessible to Malawians. The partnership will allow customers to acquire smartphones, laptops and other gadgets through a structured lease-to-own facility rather than paying upfront cash. Under the arrangement, customers will...
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IMF, Malawi make progress on ECF programme

The International Monetary Fund (IMF) says it has made considerable progress with Malawi in designing a comprehensive package of policies and reforms that could underpin a programme under the Extended Credit Facility (ECF) arrangement. The IMF says the proposed programme would support Malawi’s efforts to restore macroeconomic stability and promote inclusive and resilient economic growth....
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EFM urges Malawi to build its own forex earners, not relying on IMF

…..Chikopa says President Mutharika’s MBC interview listed the problems but offered no solutions The Economic Freedom Movement (EFM) says Malawi must build its own sources of foreign exchange through mining, commercial agriculture and tourism instead of relying on the International Monetary Fund (IMF) to fix the economy. EFM President Willie Precious Chikopa made the remarks...
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Standard Bank’s K517.6 million project targets gaps in Malawi’s education sector

Gaps in school infrastructure, teaching personnel and learning materials are expected to receive a boost following Standard Bank Plc’s launch of a K517.6 million youth empowerment initiative. Dubbed Project Youth, the initiative targets different levels of Malawi’s education system through investments in school infrastructure, tertiary scholarships, vocational training and programmes aimed at supporting young people....
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EmpowerX, Redpoint challenge Malawi leaders to rethink leadership

Malawian leaders have been challenged to move away from traditional top-down leadership approaches and embrace more inclusive, adaptive and technology-driven models if organisations are to remain competitive and deliver meaningful results. The call has emerged from the inaugural Nexus Leadership Summit, organised by EmpowerX Consult Limited in collaboration with South Africa-based Redpoint Group. The three-day...
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Blackout at Bingu Stadium sparks concern

The Ministry of Sports has admitted that the blackout that disrupted the Masters FC and Karonga United match at Bingu National Stadium in Lilongwe was disappointing, as stakeholders have raised concerns over the management and maintenance of the facility. Ministry spokesperson McMillan Mwale told Capital FM that the stadium has backup generators designed to switch...

Moyale home struggles continue

Moyale FC’s struggles at Mzuzu Stadium have continued since their return from Rumphi Stadium, with the team yet to register a home victory in four matches. The latest setback came on Sunday when they suffered a 1-0 defeat to Silver Strikers in the FDH Bank Premiership. Innocent Shema scored the decisive goal in the seventh...

Haiya rewards beach soccer stars with K3 million bonus each after Seychelles triumph

Football Association of Malawi (FAM) President Fleetwood Haiya has approved an increase in the Beach Soccer National Team’s winning bonus from K500,000 to K3 million per player following the team’s victory over Seychelles yesterday. The bonus rewards the team’s outstanding performance and qualification for the Africa Cup of Nations (AFCON), while demonstrating FAM’s commitment to...

Agroecology could boost African farm yields and cut costs, a new report finds

A new report by ActionAid says agroecology could increase crop yields, cut farming costs and strengthen climate resilience across Africa, calling on governments to redirect agricultural subsidies towards sustainable farming practices. The study, which examines evidence from 10 African countries, says the approach could improve farmers’ incomes and food security, but warns that the transition...

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