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The Reserve Bank of Malawi (RBM) has introduced an instant electronic money transfer platform through National Switch (NatSwich) to fast-track interbank transactions and enable recipients to access funds instantly once a transfer is completed. According to RBM, the platform, funded through the World Bank, will enable transactions initiated through its mobile or internet banking platforms...

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Telekom Networks Malawi (TNM) has announced the launch of fibre-optic broadband services for residential and business customers. The fibre-to-the-home (FTTH) service offer households fixed broadband speeds of 5Mbps, 10Mbps, 20Mbps, 50Mbps, 100Mbps and 200Mbps, while business packages offer rates of 20Mbps, 50Mbps, 100Mbps and 200Mbps. Coverage is currently available in seven areas of Blantyre and...

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The Malawian telecoms regulator awarded the third telecoms license to Malcel last August. Since then, the company has been working to deploy its network and launch its activities. Previous attempts to introduce a third operator to the market have ended in failure. Malcel Plc, which holds Malawi’s third-largest mobile operator license, plans to roll out 5G in...

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The Communications Regulation Authority of Malawi (MACRA) has granted its first high-speed low latency broadband satellite internet service licences to StarLink Lilongwe Limited, a company owned by Elon Musk’s SpaceX. MACRA Director General Daud Suleman said the licences have been issued following StarLink’s successful licence application and subsequent negotiations which began in February this year....