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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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Mutharika highlights free secondary education, food security and economic measures

President Peter Mutharika says his government has made significant achievements during its first year in office, including the introduction of free secondary education and improvements in food security. Speaking in an exclusive interview with the Malawi Broadcasting Corporation (MBC), Mutharika said his government was committed to ensuring that no qualified student is denied secondary education...
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Local government minister engages CSOs on strengthening CDF accountability

Minister of Local Government and Rural Development Ben Malunga Phiri has reaffirmed the government’s commitment to working with civil society organisations (CSOs) to strengthen accountability in the implementation of the Reformed Constituency Development Fund (RCDF). Phiri made the remarks during a roundtable meeting with CSAT, the only civil society organisation that attended among those invited...

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...

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