Malawi goes on charm offensive to reduce data prices, improve connectivity

Reserve Bank of Malawi releases National Payment Systems report for the period ended December 2022.

South Africa-based Fintech to leverage TNM Mpamba offering to expand remittance services.

Airtel Malawi and Telekom Networks Malawi have increased the price of data bundles by 10%.

ICT Association of Malawi and the Malawi Confederation of Chambers of Commerce and Industry have called for tax review.

Reserve Bank of Malawi urges local financial services market to help drive financial inclusion through digital channels.

Company secretary cautions that the projections are based on a trading update and attributed to the impact of weakened local currency.

‘Shocking that most of the companies in the country were pushing consumers to the edge by raising tariffs instead of improving internal inefficiencies’ - CAMA Executive Director.

Company plans to establish 1,300 sites to service rural and urban areas.

SpaceX’s StarLink secures Malawi’s first satellite internet service provider licences, to cover network facilities, network services and application services.

Regional bloc expresses concern over high cost of mobile phone services, including data, and emphasises infrastructure sharing as a solution.

Company says costs have increased by 199% as a result of 25% devaluation of local currency.

CEO of the Bankers Association of Malawi lauds buy-in from banks, roll out of technology, but cautions the need for financial literacy and more access to services.