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Malawi Business
- Availability of labor: The business environment in Malawi owes its soundness and stability to the freedom enjoyed by Malawi labor class, coupled with financial independence and full autonomy of the investors. In fact, the Malawi labor market is amazingly pliable, and the rules and laws are not so rigorous to hinder commercial productions and progresses.
- Commercial freedom: The flexible commercial environment in Malawi imposes no restrictions on people intending to do business in Malawi. Starting a new business in the country requires 37 days on an average. The total number of days needed for proper beginning of a business is comparatively less than the international average of minimum 48 days. Acquiring commercial license for doing business in Malawi is more or less simple, though termination of commercial activities is not that easy.
- Freedom of investment: Foreign investment is encouraged immensely in Malawi on governmental level. All that is required for free flow of local and foreign investment in the country is a short list of the existing licensed products. However, investments required for manufacturing explosives and weapons are subject to certain restrictions and require government approvals and orders for that matter.
Popular business houses and companies in Malawi:
- Green Energy LLC (GESOLAR)
- KfW Ba
- nkengruppe
- Weisig Maschinenbau GmbH
- DETECON GmbH
- Mobil-Logistik GmbH Genthin
- Deloitte & Touche Southern Africa
- Jos. Hansen & Soehne GmbH
- Bundesdruckerei GmbH
- KRANKIKOM
- Lahmeyer International GmbH
- Lufthansa Consulting GmbH
- Messe Frankfurt GmbH
- Alfred Kaercher GmbH & Co.
- BAUER SPEZIALTIEFBAU GmbH
- BLV Licht- und Vakuumtechnik GmbH
- DaimlerChrysler AG
- DEG - German Investment and Development Company
- Holdtrade GmbH
- ABB AG
- Kjaer Group A/S
Strategies undertaken to promote business in Malawi:
- Product pricing: Pricing is perhaps the most important factor affecting the saleability of a finished product. However, in Malawi, the prices of most of the commodities are determined by the existing market.
- Advertisement of the available products: The satellite channels of Malawi television are involved with extensive product advertisements. The printed media like newspaper, magazines, pamphlets, etc. along with the radio channels also join hands for promoting different products to increase their revenue and bring good business to the manufacturers.
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