Under pressure, the Malawian government says it is planning to revise taxes imposed on telecommunication companies to reduce the high cost of communications, as well as establish the Malawi Information Technology Authority to strengthen governance. Currently, the government has imposed a 17.5% Value added tax (VAT) on the importation of mobile phones, a 16.5% on...
Airtel Africa PLC and Helios Towers PLC on Friday said that they closed the sale of Airtel Africa’s telecommunications tower company in Malawi to Helios Tower. The sale of Airtel Africa’s tower company in Malawi was first announced in March of last year. In February of this year, the companies both noted that they were...
Authorities say 86 per cent of the country’s population has no access to internet, a situation which has worried civil rights groups. A National Statistics Office study has established that 86 percent of the country’s population has no access to internet. Youth and Society Executive Director, Charles Kajoloweka has since described the situation as a...
MALAWI’S efforts to undertake infrastructure upgrades and create a more efficient and transparent digital payment system has received a boost to the tune of U$14,2 million. The African Development Fund (ADF) and the government of Malawi have signed the grant agreement. It will fund the Digitalization, Financial Inclusion and Competitiveness (DFIC) project, approved last December....
Global payments platform MasterCard has been integrated with Zimbabwe’s electronic payments platform, Zimswitch, which means that locals can now make seamless domestic and international e-commerce transactions using one bank card. BancABC, the local unit of Atlas Mara, is the first Zimbabwean bank to issue a debit and credit card that will enable Zimswitch and MasterCard...
One year after the signing of the agreement for its implementation between TNM Plc and the government, the free public wireless internet project has become a reality in Malawi. Great expectations are placed there with regard to the improvement of the living conditions of the populations. The government of the Republic of Malawi officially launched free...
After more than a year of investigation, the competition policeman has succeeded in defining the responsibilities of Airtel Malawi, following the complaint filed by consumers in September 2020. The Malawi Competition and Fair Trade Commission (CFTC) has fined the mobile operator Airtel Malawi 2,113,099,660 Malawian kwacha (over $ 2.5 million). Through the sanction unveiled on Wednesday,...
The Common Market for Easter and Southern Africa (Comesa), via its Competition Commission, has approved the proposed acquisition of Madagascar Towers SA and Malawi Towers Limited by the UK’s Helios Towers. Helios Towers operates in the Democratic Republic of Congo (DRC) and is incorporated in Malawi and Madagascar Helios Towers as Helios Towers Malawi Limited...
From 2019 to 2021, the telecom penetration rate declined in Malawi according to Hootsuite and We Are Social. While digital transformation is at the heart of future economic development challenges, the country has reviewed its plans to increase network coverage. The Republic of Malawi has adopted a universal telecommunications service strategy valid for the next five...
Malawi’s largest mobile phone operator, Telekom Networks Malawi (TNM) remains optimistic that despite the challenges posed by two years of COVID-19, a volatile exchange rate and a shortage foreign exchange, its business model will deliver more positive results. According to the company, its customer base has increased by 26% to 4.5 million over the last...
