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List of companies of Malawi

From Wikipedia, the free encyclopedia

Location of Malawi (in blue)

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.

Notable firms

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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.

Notable companies
Status: P=Private, S=State; A=Active, D=Defunct
Name Industry Sector Headquarters Founded Notes Status
   
Agricultural Development and Marketing Corporation (ADMARC) Consumer goods Farming & fishing Limbe[2] 1971 State-owned agricultural entity S A
Air Malawi Consumer Services Airlines Lilongwe 1964 Airline, defunct 2013 P D
Britam Insurance Full line insurance Blantyre 1959 Insurance P A
Capital Radio Malawi Consumer services Broadcasting & entertainment Lilongwe 1999 Radio P A
CDH Investment Bank Financials Banks Blantyre 1998 Bank P A
Electricity Supply Commission of Malawi Utilities Conventional electricity Blantyre 1998 State-owned power S A
FDH Bank Financials Banks Blantyre 2008 Bank P A
First Merchant Bank Financials Banks Blantyre 1995 Bank P A
Indebank Financials Banks Blantyre 1972 Bank P A
Kentam Products Limited Health care Pharmaceuticals Mzuzu[3] 1998 Pharma P A
Malawian Airlines Consumer Services Airlines Lilongwe 2013 State majority owned airline S A
Malawi Broadcasting Corporation Consumer services Broadcasting & entertainment Blantyre 1964 State-run radio S A
Malawi Posts Corporation (MPC) Industrials Delivery services Blantyre[4] 1998[5] Postal service S A
Malawi Savings Bank Financials Banks Blantyre 2009 Defunct 2015 P D
Malawi Stock Exchange Financials Investment services Blantyre 1996 Exchange P A
National Bank of Malawi Financials Banks Blantyre 1971 Bank P A
NICO Holdings Financials Full line insurance Blantyre 1971 Insurance P A
NBS Bank Financials Banks Blantyre 1964 Bank P A
Reserve Bank of Malawi Financials Banks Lilongwe 1698 Bank S A
Swift Air Malawi Consumer Services Airlines Lilongwe 2009 Airline, defunct 2012 P D
Telekom Networks Malawi Telecommunications Fixed line telecommunications Blantyre 1995 Telecom P A

See also

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References

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  1. ^ Dugger, Celia W. (December 2, 2007). "Ending Famine, Simply by Ignoring the multilateral organisation 'Experts'". New York Times. Retrieved 2008-08-05.
  2. ^ Corporate Profile
  3. ^ Kentam Products Limited » Contact Us
  4. ^ Malawi Posts Corporation (MPC)
  5. ^ OECD; African Development Bank; United Nations Economic Commission for Africa (4 December 2009). African Economic Outlook 2009 Country Notes: Volumes 1 and 2: Country Notes: Volumes 1 and 2. OECD Publishing. pp. 402–. ISBN 978-92-64-07618-1.