The recent decline in share prices on the Malawi Stock Exchange (MSE) has left many investors disappointed. After witnessing substantial increases in the prices of several listed companies over the past few years, investors are now asking an important question: Why are Malawi’s shares falling, and what can companies do to restore investor confidence and create long-term shareholder value? The answer is not straightforward. A falling share price does not necessarily mean that a company is performing badly. Share prices are influenced by company profits, investor expectations, market liquidity, economic conditions, interest rates, dividends and valuation. As of late September 2026, several major MSE counters were trading below their recent highs, including NBM, FMBCH, Standard Bank, FDH Bank, NBS, NICO, Airtel Malawi, TNM, ICON Properties and MPICO. Why are Malawi shares falling? 1. Some shares had experienced very large increases Several MSE-listed companies have delivered extraordinary...

Despite having a population of over 22 million people, it is shocking that fewer than 100,000 Malawians have invested on the Malawi Stock Exchange. This means that less than one percent of the population is participating in one of the most important pillars of economic growth and wealth creation. Many Malawians still view investing as something meant only for the rich, educated, or business elites. Yet the truth is that investing is one of the most powerful tools ordinary citizens can use to improve their financial future and strengthen the country’s economy. A stock exchange is a marketplace where people buy shares in companies. When someone buys shares, they become a part-owner of that company. As the company grows and makes profits, shareholders can benefit through dividends and increased share value. Countries with strong investment cultures often experience faster economic growth because citizens actively support local businesses and industries through investments. In Malawi, many...