Malawi, officially the Republic of Malawi, is a landlocked country in southeast Africa that was formerly known as Nyasaland. Malawi is among the world's least-developed and most-densely populated countries. Around 85% of the population live in rural areas. The economy is based on agriculture, and 41% of GDP and 90% of export revenues come from this. In 2006, in response to disastrously low agricultural harvests, Malawi, through an initiative by the late President Bingu Mutharika, an economist by profession, began a program of fertilizer subsidies that were designed to re-energize the land and boost crop production. It has been reported that this program, championed by the country's president, is radically improving Malawi's agriculture, and causing Malawi to become a net exporter of food to nearby countries. [1] Economic grievances though took a downward slide during Mutharikas second term. Economic grivences was a catalyst that resulted in the 2011 economic protests in Malawi in July.
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark framework. Organizations which have ceased operations are included and noted as defunct.
Name | Industry | Sector | Headquarters | Founded | Notes |
---|---|---|---|---|---|
Agricultural Development and Marketing Corporation (ADMARC) | Consumer goods | Farming & fishing | Limbe [2] | 1971 | State-owned agricultural entity |
Air Malawi | Consumer Services | Airlines | Lilongwe | 1964 | Airline, defunct 2013 |
Britam | Insurance | Full line insurance | Blantyre | 1959 | Insurance |
Capital Radio Malawi | Consumer services | Broadcasting & entertainment | Lilongwe | 1999 | Radio |
CDH Investment Bank | Financials | Banks | Blantyre | 1998 | Bank |
Electricity Supply Commission of Malawi | Utilities | Conventional electricity | Blantyre | 1998 | State-owned power |
FDH Bank | Financials | Banks | Blantyre | 2008 | Bank |
First Merchant Bank | Financials | Banks | Blantyre | 1995 | Bank |
Indebank | Financials | Banks | Blantyre | 1972 | Bank |
Kentam Products Limited | Health care | Pharmaceuticals | Mzuzu [3] | 1998 | Pharma |
Malawian Airlines | Consumer Services | Airlines | Lilongwe | 2013 | State majority owned airline |
Malawi Broadcasting Corporation | Consumer services | Broadcasting & entertainment | Blantyre | 1964 | State-run radio |
Malawi Posts Corporation (MPC) | Industrials | Delivery services | Blantyre [4] | 1998 [5] | Postal service |
Malawi Savings Bank | Financials | Banks | Blantyre | 2009 | Defunct 2015 |
Malawi Stock Exchange | Financials | Investment services | Blantyre | 1996 | Exchange |
National Bank of Malawi | Financials | Banks | Blantyre | 1971 | Bank |
NICO Holdings | Financials | Full line insurance | Blantyre | 1971 | Insurance |
NBS Bank | Financials | Banks | Blantyre | 1964 | Bank |
Reserve Bank of Malawi | Financials | Banks | Lilongwe | 1698 | Bank |
Swift Air Malawi | Consumer Services | Airlines | Lilongwe | 2009 | Airline, defunct 2012 |
Telekom Networks Malawi | Telecommunications | Fixed line telecommunications | Blantyre | 1995 | Telecom |
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Gwandaguluwe "Gwanda" Chakuamba Phiri was a Malawian politician who was the leader of the New Republican Party (NRP). He hailed from Nsanje, a district on the southern part of Malawi. Gwanda Chakuamba attended Zomba Catholic Secondary School, a 2 year metriculation at Sulosi College in Bulawayo Zimbabwe before proceeding to the US to study law though not much is known about whether he did a degree program or a short course.
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Goodall Edward Gondwe was a Malawian economist who served in his country's cabinet as Minister of Finance on two occasions: from 2004 to 2009, and from 2014 to 2019. He also served as Minister of Local Government from 2009 to 2010 and Minister of Natural Resources, Energy and Environment Affairs from 2011 to 2012.
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Arthur Peter Mutharika is a Malawian politician and lawyer who was President of Malawi from May 2014 to June 2020. Mutharika has worked in the field of international justice, specialising in international economic law, international law and comparative constitutional law. He informally served as an adviser to his older brother, President Bingu wa Mutharika, on issues of foreign and domestic policy from the onset of his election campaign until the President's death on 5 April 2012.
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