The Democratic Progressive Party-led government of President Arthur Peter Mutharika is making good on its campaign promises with the development of modern markets in Mzuzu, Nkhata Bay, and Chitipa districts. This initiative is part of President Mutharika's pledge to build seven state-of-the-art markets across the country, aimed at transforming trading and stimulating economic growth. The project was announced in February 2026.
In August 2026, Minister of Local Government and Rural Development, Ben Phiri, laid the foundation stones for three new markets: Mkondezi Market in Nkhata Bay, a one-storey Mzuzu Market, and Kapoka Market in Chitipa. These projects signal the government's intent to provide traders with better infrastructure and boost business. According to Minister Phiri, the goal is to create a conducive environment for trade to thrive and the economy to grow.
The construction of Mkondezi Market in Nkhata Bay is progressing rapidly, with site supervisor Daniel Kaunda of Energyz Building Contractors reporting that 35 percent of the work is already completed. Over 200 local workers are employed on site, providing them with a source of income and an opportunity to contribute to the local economy. One of the workers, Aren Banda, expressed his gratitude for the job, saying it enables him to earn a living and support his family.
The new markets are expected to have a positive impact on the local communities. Nkhata Bay District Commissioner David Gondwe believes that the modern market will give the lakeshore district a fresh face-lift and boost its economy. Market Chairperson Precious Mwandira is also optimistic, stating that the new facility will offer decent infrastructure and open doors for economic growth.
President Mutharika's government has made significant progress on its campaign promises, with the construction of modern markets being a key achievement. The project is part of the government's efforts to transform trading and stimulate economic growth. A total of seven state-of-the-art markets are planned across the country.
The modern markets are expected to provide traders with better facilities and a more conducive environment for business. The construction of the markets is also creating jobs for local people, contributing to the local economy. The government's efforts to boost economic growth and development are ongoing.
The development of modern markets in Malawi is a significant step towards achieving economic growth and transformation. The government's commitment to fulfilling its campaign promises is evident in the progress made so far. The construction of the markets is a testament to the government's dedication to improving the lives of Malawians.
Key points
- President Mutharika's government is fulfilling its manifesto with the construction of modern markets in several districts across Malawi.
- The construction of modern markets is part of President Mutharika's pledge to build seven state-of-the-art markets across the country.
- The modern markets are expected to provide traders with better facilities and a more conducive environment for business, boosting economic growth and development.
