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Indian Investors' Guide to Malawi

Malawi is an agriculture-based economy located in Southeast Africa. Its capital is Lilongwe and it has a population of over 18 million people. The main languages spoken are Chichewa, English, Yao, and Tumbuka. Malawi has a multi-party parliamentary democracy system of government led by President Arthur Peter Mutharika. The economy relies heavily on crops like tobacco, tea, and sugarcane with tobacco being the main export. Malawi has established a One Stop Service Centre to streamline business registration and permitting for both local and foreign investors.
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0% found this document useful (0 votes)
93 views16 pages

Indian Investors' Guide to Malawi

Malawi is an agriculture-based economy located in Southeast Africa. Its capital is Lilongwe and it has a population of over 18 million people. The main languages spoken are Chichewa, English, Yao, and Tumbuka. Malawi has a multi-party parliamentary democracy system of government led by President Arthur Peter Mutharika. The economy relies heavily on crops like tobacco, tea, and sugarcane with tobacco being the main export. Malawi has established a One Stop Service Centre to streamline business registration and permitting for both local and foreign investors.
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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High Commission of India

Lilongwe
***
DOING BUSINESS IN MALAWI

MALAWI - FACT SHEET

GENERAL

Capital LILONGWE

Area 118,484 Sq. Kms. Lake Malawi, a fresh water lake


comprises 20% of the total area.

Weather Summer Season- Min 250 C)/Max (340 C) (Sept - Nov)

Rainy Season - Min (190 C)/Maxi (340 C) (Dec -


Apr)

Winter Season - Min (70 C)/Max (230 C) (June - Aug)

Population 18.09 million (2016)

Christians - 82.6%

Muslims - 13%

Others - 1.9%

Practicing older animist religions – 2.5%

Languages (with percentage of English is the working language. Chichewa is the


speakers) official language spoken by 80% of the population,
Yao spoken by 7%, Tumbuka 6% and other languages
7%.

Currency Malawian Kwacha

US$1= MK 726.50

INR1= MK 10.55

(As of August 2018)

1
Political Structure Multi-Party Parliamentary Democracy. Presidential
form of Government. President is assisted by a Vice
President, Cabinet and Deputy Ministers. President
and Members of Parliament are elected directly by
people. Vice President is Running Mate with
President. Term of President and Members of
Parliament is 5 years.

Head of State (President) H.E. Prof. Arthur Peter Mutharika

Head of Government (Prime H.E. Prof. Arthur Peter Mutharika (there is no Prime
Minister) Minister)

Minister for Foreign Affairs and Hon. Dr. Emmanuel Fabiano


International Cooperation

Minister for Industry, Trade and Hon. Henry Mussa


Tourism

ECONOMIC INDICATORS

Economy Malawi is one of 48 countries declared Least


Developed Countries as per UNDP list but the countries
are not ranked. It is an agriculture based economy.
Main crops are tobacco, maize, pigeon peas, tea,
sugarcane, cotton, coffee and groundnuts. Tobacco is
the main foreign exchange earner followed by Sugar
and Tea. So far Malawi was also dependent on
budgetary support from US, UK, Norway, EU, World
Bank and IMF. However, the Donor countries have
withdrawn direct support to Malawi budget from 2015.
Malawi’s landlocked location increases cost of imports
and also poses an impediment to the exports. Malawi is
dependent on imports of fuel and consumer goods.
However, tobacco trade (59.8% of total exports)
represents a major source of income for the country.
Malawi’s main trading partners are: South Africa,
China, India, Belgium and the United Arab Emirates.

GDP (Current US$) US$ 6.3 billion (2017-World Bank)

GDP per capita (Current US$) US$338 (2017-World Bank)

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GDP per capita (PPP) (Current US$1202.2 (2017-World Bank)
International)

GDP Growth rate 4% (2017 – World Bank)

Annual Inflation (Average) 11.6% (2017) (Reserve Bank of Malawi)

Total trade US$3.45 billion

Imports US$ 2.56 billion


Exports
US$ 889.1 million

As of 2017. Source: National Statistics office (NSO)


Malawi
Bilateral trade US$ 216.05 million (2017-18)

Imports from India US$ 199.60 million (2017-18)


Exports to India
US$ 16.45 million (2017-18)

Source: www.commerce.nic.in
Indian origin / Permanent resident Approximately 8,000, mostly of Gujarati origin and
involved in trade and commerce. They are holding either
British or Malawian passports.
Indian expatriates Approximately 2,500. About 1,500 of them employed
in IT sector, Power generation, Manufacturing
industries, (Plastic, Cement, Iron/Steel Roofing),
poultry, Health, Construction and Hospitality sectors.
There are some employees in UN organisations and
International NGOs. There are a few Indian doctors
also. The remaining 1,000 are spouses and dependent
children.
Indian Banks Nil
Organisations:

PSUs Nil

Government Nil
Organisations

Others M/s. Apollo International, Gurgaon has handled the


Lines of Credit projects worth US$156.5 million like

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construction of fuel storage tanks, cotton ginneries,
sugar processing and greenbelt initiative. Airtel,
Mahindra Tractors, TVS, Bajaj Autos and Tata Motors
have opened their offices in partnership with local
companies. Indian companies in Malawi are engaged in
agro processing, chemicals, energy, financial service &
insurance, food processing, Information Technology &
software development, telecommunications, logistics,
textile, cosmetics & pharmaceuticals, mining,
manufacturing, hotel & hospitality etc.

The prominent Indian companies include: Airtel which


is the largest provider of Mobile Telecom in Malawi,
Ashok Leyland, Bajaj (Auto), Mahindra, TVS, TATA,
Eicher, Escorts, Godrej, Su Kam, Sonalika Tractors,
Kalpataru, Kirloskar Generators and Shakti Pumps
represented through their authorised dealers.

To promote trade and investment from India, the


Malawi High Commission opened a Business Centre in
Surat, Gujarat on 16th October 2013, which functions
from the premises of the South Gujrat Chamber of
Commerce & Industry, Surat.

SETTING UP A BUSINESS
The Malawi Government established a One Stop Service Centre (OSSC) at the Malawi
Investment and Trade Centre (MITC) in 2014 to provide assistance to investors and other
businesses to get all required processes done at the convenience of one roof. The OSSC offers
services for investment approvals, permits and registration certificates such as Investment
Certification, Business Residence Permits, Temporary Employment Permits, Investment Land
Allotment and Fiscal Incentives. The Centre has Senior Officers from the Malawi Revenue
Authority (MRA); the Ministry of Lands, Housing and Urban Planning (MoLHUP); the
Immigration Department; the Registrar of Companies and Malawi Investment and Trade Centre
(MITC).

A Certificate of Incorporation can be applied at the Registrar General of the Ministry of Justice.
The registry is moving towards automation and services are available online at
http://mbrs.registrargeneral.gov.mw:7777/_forms/Registration.aspx. Register for Income Tax,
PAYE and fringe benefits is done at the Malawi Revenue Authority (MRA). A Company seal
can be obtained from the Seal maker. Any business is required to apply for Business Licensing
from City Assemby (amount payable depends on the type and location of the business ranging

4
from MK20,000-MK120,000). Application for registration of workplace is done at the
Occupational Safety, Health and Welfare Department of the Ministry of Labour.

Minimum Investment Capital Requirement


Prospective investors are required to invest a minimum capital of US$50,000 in order to be
eligible to apply for Investment Certificate, Immigration permits, land and sector-specific
approvals, permits and licences with the Malawi Investment Trade Centre.

Obtainment of Investment Certificate


Any investor investing any amount equal to or above US$50,000 qualifies to apply for an
Investment certificate from Malawi Investment and Trade Centre (MITC).The applications shall
be accompanied by a Business Proposal providing full details of the project and its requirements
(expatriate staff, land e.tc.).

Upon approval for the Investment Certificate, the investor pays US$500 or an equivalent amount
in Malawi Kwacha for the investment certificate. The process of issuance of investment
certificate takes 5 working days.

Obtainment of Resident/Employment Permit


All foreign investors are required to submit an application to Malawi Investment and Trade
Centre for either a Business Resident Permit (BRP) or Employment Permit. The processed
applications are presented to the Malawi Investment Approval Committee for consideration.
When approved, the Chief Executive Officer of Malawi Investment Trade Centre immediately
obtains the Employment Permit (EP) and Business Resident Permit (BRP) from the Chief
immigration Officer.

Individuals are permitted to apply for the inclusion of additional businesses on an existing
Business Residence Permit once obtained. The application, Business Profile, current Bank
Statement, and Registration Certificates are submitted at Regional offices or Immigration
Headquarters for processing and once approved; the applicant is notified formally and required
to pay the appropriate fees.

Business designated locations/areas for non-Malawians


Any person who is not a citizen of Malawi, but intends to carry out business whose core activity
is retail shall according to the Business Licensing Regulations, 2014 operate within the Central
Business District of Blantyre City Council, Zomba City Council, Lilongwe City Council, Mzuzu
City Council, Kasungu Municipality and Luchenza Municipality. A person may however carry a
business outside the designated areas upon approval of the Chief Business Licensing Officer in
the Ministry of Trade and the Investment Approval Committee.

INVESTMENT OPPORTUNITIES
Energy, Mining, Agriculture, Agro-processing, Fisheries, Water Development, Manufacturing,
Services and Infrastructure development/ICT have been identified by Government of Malawi as
potential economic drivers in Malawi. Investment projects in the said sectors have been compiled
in the Malawi Investment Projects Compendium 2016 by the Malawi Investment and Trade
Centre (Mitc) briefly as follows:

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Sl Sector Projects

1 Energy Development of Bio-gas and Bio-refinery; Establishment of 80-MW Coal Powered


Plant, Construction and Management of a Hydro Power Station; Waste to Energy

2 Mines Kanyika Nobium Mine

3 Agriculture Commercial Farming; Development of Horticulture farm; Commercial Dairy


Production; Afri-Seed Commercial Seed Production; Commercial Irrigation
Farming

4 Agro-business Commercial Rice Milling; Spinning cotton lint into yarn for export; Production of
Dried Fruits, Frozen Fruit and Vegetables; Starch Production Plant; Weaving and
Textile Mill

5 Fisheries Commercial Fish Farming Project and Processing

6 Water Upgrading of Water Supply Systems; Construction of Dams and Associated Works-
Development Water Treatment Plant, Pumping Stations, Pipelines and Reservoirs

7 Tourism Development of Hotels; Establishment of an Integrated Cable Car Resort on Mount


Mulanje

8 Manufacturing Manufacturing of Bottle tops ; Local Production of Ethanol; Local production of


Organic Fertilizer.

9 Services ICT Software Development; Investment in Mobile Phone Company

10 Infrastructure Development of Shopping Malls ; Development of Mzuzu University Conference


and Business Centre; Establishment of Shipbuilding and Repair Facilities on Lake
Malawi; Construction of dwelling houses ; Construction of Office Complex;
Development of Industrial Parks; Development of a Shopping Centres
;Establishment of an airport city in Lilongwe (Main international airport) etc

MARKET ACCESS
Malawi is party to a number of regional and international trade agreements that has proved to be
enormous benefits to new and existing investors through increased market access. Malawi enjoys
Preferential trade agreement with China; Bilateral agreements with Zimbabwe; Mozambique and
South Africa; Southern Africa Development Community (SADC), an association of 14 African
Countries; Common Market for Eastern and Southern Africa (COMESA), representing 20
countries; AGOA which provides Duty and quota free access to USA market for more than 6500
products; Everything But Arms (EBA) of the EU allowing the importation of all kinds of goods
from Least Developed Countries except arms into EU Countries both duty free and quota free;
and the Japan Preferential Trade Arrangement benefiting LDCs.

6
SADC has currently 15 member states namely Angola, Botswana, the Democratic of Congo,
Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles, South Africa,
Eswatini (Swaziland) , Tanzania, Zambia and Zimbabwe. Traders exporting goods under the
SADC Trade Agreement are required to obtain the SADC rules of origin certificate from the
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) at a fee of MK1 500
(about US$2.00). The exporter is also required to obtain Customs documents from Malawi
Revenue Authority (MRA) Customs & Excise offices pending clearance. The Customs
documents can be obtained from any of the three offices of MRA in Lilongwe, Blantyre and
Mzuzu. Goods under the SADC Trade Agreement are specifically those grown, produced or
manufactured in Malawi. Manufactured goods are supposed to have a local content of not less
than 35 percent.

Malawi is also a beneficiary country under Government of India’s Duty Free Tariff Preference
(DFTP) Scheme for Least Developed Countries (LDCs) to export to India 94 tariff lines duty
free. Full details of the scheme and list of commodities included in the tariff lines can be
obtained from the Department of Commerce’ website:
http://www.commerce.nic.in/trade/international_tpp_DFTP.pdf

Malawi is also a member of the United Nations, African Development Bank, African Union,
IMF, World Bank, International Trade Centre, World Trade Organization, International Labour
Organization and the Commonwealth.

GOVERNMENT INCENTIVES

Malawi offers a wide range of tax incentives enabling business establishments to grow, and
expand their operations, thereby contributing to the overall social-economic development of
Malawi. The incentives fall under two main categories of Taxes and these are, Customs &
Excise Taxes and Domestic Taxes.

General Customs & Excise Tax Incentives


Malawi's General Customs & Excise Tax Incentives are in the form of duty exemptions on
machinery targeting different sectors of the economy. These exemptions are offered in four (4)
areas as follows:-

 Import duty and VAT exemption on importation of most Machinery.


 Import duty exemption while VAT remains payable at 16.5% on importation of specific
type of Machinery.
 Import duty and VAT exemption on importation of special purpose motor vehicles other
than those principally designed for transport of persons or goods. Examples of special
purpose vehicles are concrete mixer lorry, mobile drilling vehicles, etc.
 Solar products are import duty free while VAT remains payable at 16.5%. Examples of
such solar products include solar batteries and solar energy lamps.

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An importer is required to consult the One Stop Service Centre's Customs and Tax Specialist to
determine the applicable exemptions for specific types of machinery

More details regarding speficic tax incentives can be obtained from the Tax Incentives Booklet
compiled by the Malawi Investment and Trade Centre in collaboration with the Malawi Revenue
Authority available on www.mitc.mw

Exporters Incentives
It is a requirement under the Export Incentives Act for a company to register with the Malawi
Investment and Trade Center as an exporter in order to access the incentives and enjoy the
related benefits. The Act which is administered by the Malawi Investment and Trade Center
provides the following incentives:

 22 percent tax allowance on export proceeds excluding unmanufactured tobacco, tea,


coffee and cane sugar.
 Transport tax allowance of 25 percent of international transport costs quoted CIF.
 Duty drawback on imported raw materials including packaging materials made locally
for manufacturers in bond.
 No duties and Value Added Taxes on imports of capital equipment used mainly in the
manufacture of exports.
 No excise taxes and Value Added Taxes on purchases of raw materials and packaging
materials made in the country for
manufacturing in bond.

Additionally, Malawi government enacted the Export Processing Zones (EPZ) Act of 1995. The
EPZ scheme provides the following incentives:

 No withholding tax on dividends.


 No duty or capital requirement on capital equipment and raw materials.
 No excise taxes on purchases of raw materials and packaging materials made in Malawi.
 No VAT on inputs and export produce/manufacture

EXPORT PROCEDURES AND DOCUMENTATION

Procedures and the documentation required when exporting depend on the type of export that has
been declared i.e. exports from open stock, temporary exports and re-exports.

Types of Export Procedures

SI. Type of Procedure by Export Description


No
1. Direct Export This refers to procedures where goods
which are destined for final export from
Malawi, e.g. goods from open stock, direct
exports of goods after bonded warehousing

8
and exportation after free zone or bonded
factory procedures.

2. Temporary Exports This refers to procedures where goods


being exported will be returned to Malawi,
and included:

 Temporary exportation for outward


processing
manufacturing/processing: Goods
exported under this procedure must
be produced to Customs prior to
exportation.
 Temporary exportation for repair:
The goods may be exported for
repair in another country and then
returned to Malawi. The goods on
their return may be subject to
import charges on the value of the
repair.
 Temporary exportation for return in
an unaltered state: Refers to goods
being exported and then returned to
Malawi without any change or
processing having taken place on
the goods. e.g. goods exported for
trade fairs and vehicles exported
for return.

3. Re-exports This refers to procedure where goods are being


exported after temporary admission, and is of
different types:

 Re-exportation after temporary


admission for inward processing
(suspension system)
 Re-exportation after temporary
admission for inward processing
(drawback system)
 Re-exportation after temporary
Admission for return in unaltered
state
 Re-exportation after free zone or
bonded factory procedure

9
Export Documentation

Documentation in export trade is vital in that documents have to be completed before the
consignment leaves the country of origin and at the destination to enable the consignee in the
importing country to clear the goods through local authorities. It must be noted that if the
documents are not properly completed they may be rejected on presentation to customs
authorities and this may interfere with the free movement of goods resulting in delays and
missing delivery dates.

Among the documents most frequently required for an export shipment include the following but
vary depending on the export procedure used, the type of goods and market requirements:

Document Name Issuing/ Statutory requirement Goods


Controlling
Authority
Customs Bill of MRA Single administrative All goods more
Entry F12 document for customs than MK500, 000
declaration in value
Form 38 MRA Manual declaration form for Baggage exports
minor exports
Form 44 MRA Proof of export under duty All goods for which
drawback duty
drawback/refund is
claimed
Form C300- MRA Manual Temporary Export Temporarily
declaration for Malawian exported Malawian
Temporary Export registered vehicle registered motor
Permits (TEP) vehicle
General MRA Export declaration for minor Goods for repair of
Registration exports for repair and return minor value
Certificate (Form
48)
CD1 Form RBM Foreign Exchange Control Exports of more
than US$5000.00

The Commercial Exporter Declaration of value All commercial


Invoice goods
Certificate of Origin MRA Proof of origin of goods Depends on the
preference regime
MCCCI being sought
Bill of Lading Shipper/transporter Defines contract between Goods transported
exporter and shipper through sea

10
The Consignment Transporter Transporters’ declaration of Goods transported
Note or Airway Bill goods carried in the by road and air
conveyance respectively

Sanitary Certificate Department of Certification of health of Live animals


Animal Health animal and animal products
Animal products
Phyto-Sanitary Ministry of Certification of health of plant Scheduled plant
Certificate Agriculture and and plant products and plant products
Irrigation

Export License Ministry of Implementation of National Scheduled products


Industry and Trade Trade Policy

Implementation of Controls of
Goods Act
Export Quality Malawi Bureau of Certification of product Scheduled products
Certificate Standards conformity to national and
international standards
Police Clearance Malawi Police Anti-theft clearance report for Motor vehicles and
Report motor vehicles and engines engines
exported from Malawi

The full listing of the scheduled products can be obtained from the respective Departments

Goods for Export of which a Permit is Required


The following products require an export permit as stipulated under the Control of Goods Act
(Cap 18.08) of the Laws of Malawi:

 Implements of war (other than arms and ammunition), atomic energy materials of
strategic value, and items of primary strategic significance used in the production of arms
and ammunition and other implements of war, including the following metals:-
Beryllium; Cobalt; Tantalum; Uranium; Lithium; Columbire; Niobium (Columbium);
Thorium; Germanium; Titanium; Nickel; and any materials containing such metals.
 Petroleum products
 The following gemstones in the unmanufactured state:- Corundum; Garnet; Quartz;
Tourmaline; Turquoise; Beryl; Zircon; Jade; Olivine; Feldspar; Topaz; Opal;
Chrysoberyl; Spinel; Lazurite;
 Scrap metal
 Hides and skins in processed and non-processed form
 Rice, including: Rice meals; Rice bran; Rice residues
 Maize, including: Dried maize, on or off the cob;. Crushed maize; or Samp
 Maize meal, including; Maize grits; Maize cones; Hominy cop; Maize offals; or
Processed maize meal with or without additives

11
 Raw hard round wood timbers
 Live poultry, including day-old chicks

Prohibited goods for Import


Before importing goods into Malawi an importer should ensure that the goods do not fall into the
category of prohibited goods. Among prohibited goods are narcotics, psychotropic substances,
hazardous chemical substances, ozone depleting substances and thin plastics.

Further details and full list of these goods can be obtained from the Director for Trade in the
Ministry of Industry, Trade and Tourism (MIOTT)

OPPORTUNITIES FOR INDIA IN MALAWI MARKET

Top 5 Imports from India to Malawi vis-à-vis other countries


Product Label Year 2016 Year 2017 % Malawi’s % Share of
import import Change imports from Imports
value value world in 2017 from India
(Million (Million (Million US$) in 2017
US$) US$)
Pharmaceutical 133.4 106.2 -20.4% 174.3 61%
products
Electrical machinery, 9.6 29.6 208% 234.3 13%
equipment and parts
Machinery, 34.1 26.8 -21.4% 246.4 11%
mechanical
appliances, nuclear
reactors, boilers; parts
thereof
Printed books, 2.8 24.8 785.7% 205.7 12%
newspapers, pictures
and other products of
the printing industry
Vehicles other than 13.1 16.4 25.2% 158.6 10%
railway or tramway
rolling stock, and
parts
(Source-ITC: http://www.trademap.org )

The bilateral trade for the year 2017 between India and Malawi is US$216.05 million as per
National Statistics Office (NSO) of Malawi. Of this, US 216.05 million are exports from India to
Malawi and US$16.45 million are exports from Malawi to India. The trade data as per the
International Trade Centre (ITC) shows an increasing trend on exports to Malawi from the
previous year. Although, imports of pharmaceuticals decreased during the year, imports of

12
several products such as electrical machinery, and products of the printing industry increased
substantially. The scope for enhancing India’s exports to Malawi can be gauged from the
marginal share for most of India’s imports on Malawi’s total global imports, while maintaining
dominance over the pharmaceutical category accounting for over 60% share of the total
pharmacy imported into Malawi in 2017. All the five major products are in demand in Malawi.
In the agricultural sector, agro processing/value addition in agro produce such as legumes (i.e.
soybeans, peanuts, and pigeon peas), corn and sugarcane represent areas for potential Indian
investment.

Investment opportunities also exist in the energy sector, including electricity generation.
Malawi’s interconnected grid electricity is mostly derived from hydro power (96%) and a small
fraction from thermal (4%), the country is one of the least electrified countries in Southern
Africa with an average of 85kWh per annum- among the lowest in the World. The total installed
national electricity capacity is 351 megawatts (MW) while suppressed demand stands at 450MW
with projected demand expected to rise to 1500MW by 2020. Being that Malawi mainly relies on
hydro power electricity generation which has been adversely affected by current climatic
changes which have leading to low water levels in the Lake Malawi and its main outlet Shire
River, the country’s power generation capacity has reduced substantially. At present the installed
capacity for a country of 17 million is only 351 MW however present generation is 200 MW
which is substantially lower than the installed capacity and covers less than 3% of the total
population.

Both short term and long term measures to address the persistent power black outs in Malawi
provide a market opportunity to India. Among the short term measures of mitigating the energy
challenges, the Government of Malawi has purchased fuel generators and continues to do so.
Furthermore, the government of Malawi also plans to expand its hydro power by constructing
new power stations with the construction of Tedzani IV Hydro Power Plant at Tedzani Power
Station launched on 4 July 2018 being the most recent commence. The government of Malawi
also plans to upgrade Tedzani III Hydro Power plant by the end of the year 2018, besides the
contribution to the national grid through the Procurement of PV Solar power from Independent
Power Producers (IPPs) who are expected to feed into the national grid managed by the
Electricity Supply Corporation of Malawi (Escom). Escom could be buying power from the IPPs
at 12 cents per kwh. The Power Purchase Agreements (PPAs) would be signed with the Ministry
of Natural Resources, Energy and Mining.

The broad framework policy was announced in November, 2016 i.e. the IPP and PPA Policy
through which new investors in Power sector will be allowed to import power generating
equipments duty free and have a 10 year tax holiday. The Ministry of Finance, Economic
Planning and Development also announced tax incentives to Independent Power Producers
(IPPs) of 15 % corporate tax rate from the normal corporate rate of 30 percent.

In the long term, energy measures to support the country’s economy include Generation,
Transmission and Distribution Expansion and Reinforcement. It is intended that the carrying
capacity of the Transmission Lines will be increased to about 1,150MW by the end of 2018.

13
A 400kV Transmission Line is also currently being constructed from Phombeya (Balaka) to
Nkhoma. The Phombeya Sub-Station will be the landing point for the Malawi-Mozambique
Interconnector. This project is already being handled by Larsen & Toubro (L&T) and Kalpataru
Power Transmission Ltd as a subcontractor for a USAID/World Bank funded project.

At present Indian companies in Malawi are involved in agro processing, chemicals, energy,
financial service & insurance, food processing, Information Technology & software
development, telecommunications, logistics, textile, cosmetics & pharmaceuticals, mining,
manufacturing, hotel & hospitality etc.

The prominent Indian companies include: Airtel which is the largest provider of Mobile Telecom
in Malawi, Ashok Leyland, Bajaj (Auto), TVS, TATA, Eicher, Escorts, Godrej, Mahindra
Tractors and SUVs, Su Kan, Sonalika Tractors, Kalpataru, Kirloskar Generators and Shakti
Pumps represented through their authorised dealers.

Malawi India Business Meet

The Malawi-India Business Meet (MIBM) is an annual event that is co-hosted by the High
Commission of India, Lilongwe and the Malawi Investment and Trade Centre. The event brings
together Malawian and Indian companies for the purposes of exploring and enhancing business
opportunities in both countries. Beginning in the year 2017, the MIBM set the pace as investors,
companies and financiers from both countries came together so as to explore opportunities
accorded by each country.

For the year 2018, the Malawi India Business Meet which was held on 16 March took on a
different approach as it served as a precursor for an even bigger event; the 13th CII
(Confederation of Indian Industries)-Exim Bank Conclave on India Africa Project Partnership
which was held from 25-27 March 2018 in New Delhi, India.

13th Exim Bank CII Conclave on India Africa Partnership

The CII-Exim Bank Conclave on India Africa Partnership is India’s largest Africa focused
business event. It maintains the primary objective of enhancing India and Africa’s partnerships at
various levels. Among others, the conclave seeks to achieve this objective by increasing the
interaction between the Indian industry and Africa to address specific opportunities, discussing
possibilities for Indian participation on long-term projects and the initiation of programs related
to capacity building, including resource mobilization for the same. In the year 2018, Right
Honourable Dr. Saulos Klaus Chilima, Vice President of the Republic of Malawi was the Guest
of Honour at this event along with Honourable Edward Ssekandi, Vice President of the Republic
of Uganda. Right Honourable Dr. Saulos Klaus Chilima lead the Malawi delegation
accompanied by Honourable Henry Mussa, MP, Minister of Industry, Trade and Tourism as well
as Honourable Dr. Emmanuel Fabiano, MP, Minister of Foreign Affairs and International
Cooperation.

14
Over 37 participants from the Malawi private and public sector attended the Conclave in the year
2018. Malawi marketed over 40 projects to investors at the conclave; these projects included
those in the agriculture, power and energy, infrastructure, manufacturing, ICT and tourism
sectors.

BUSINESS/TRADE INSTITUTIONS IN MALAWI


COMPANY CONTACTS
MALAWI CONFEDERATION OF Email: [email protected]
CHAMBERS OF COMMERCE AND Website: www.mccci.org
INDUSTRY (MCCCI) Tel: +265 1 871 988/813
Fax: +265 1871 147
MALAWI INVESTMENTS AND TRADE Email: [email protected] / [email protected]
CENTRE (MITC) Website: www.mitc.mw
Tel: +265 1 770 800 / +265 1 771 315
Fax: +265 1 771 781
SMALL AND MEDIUM ENTERPRISES Email: [email protected]
ASSOCIATION OF MALAWI (SMEA) Cell: +265 888 898 647
INDIGENOUS BUSINESS Email: [email protected]
ASSOCIATION OF MALAWI (IBAM) Website : www.ibammalawi.com
Tel: +265 1 822 232
Cell: +265 888 835 414 / +265 999 835 414
SMALL AND MEDIUM ENTERPRISES Email: [email protected]
DEVELOPMENT INSTITUTE (SMEDI) Tel: +265 1 774 522
MALAWI REVENUE AUTHORITY Website: www.mra.mw
(MRA) Tel: +265 1 822 588
MINISTRY OF INDUSTRY, TRADE & Website: www.trade.gov.mw
TOURISM Tel: +265 1 770 244
NATIONAL STATISTICAL OFFICE Website: www.nso.mw
(NSO) Tel: +265 1 524 377/311
PUBLIC PRIVATE PARTNERSHIP Website: www.pppc.mw
COMMISSION Tel: +265 1 823 655
MALAWI BUREAU OF STANDARDS Website: www.mbsmw.org
Email: [email protected]
Tel: 265 1 670 488

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OTHER IMPORTANT LINKS FOR INFORMATION

Source Details Website Link


MALAWI TRADE PORTAL www.malawitradeportal.gov.mw
MALAWI TRADE INFORMATION www.mitc.mw/trade
PORTAL

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