The pension sector has seen an increase in pension assets, registering 11.8% growth, as revealed by the Reserve Bank of Malawi (RBM) June 2019 Financial Stability Report.

The report shows that total investments increased by 11.1%, translating to K769.4 billion in June 2019 from the December 2018 position, with investment in listed equities as a share of total investments dominating the asset portfolio mix at 48.7%, up from a share of 39.4% registered in December 2018.

Total investment income, on the other hand, decreased to K73.2 billion in June 2019 from K80.8 billion in June 2018 due to a fall in prices of some of their equity investments while pension contributions registered a marginal increase to K51.4 billion compared to K49.8 billion in June 2018.

On the other hand, RBM released a statement, threatening to name and shame the companies that had not settled their pension areas. The Registrar of Financial Solutions, Dalitso Kabambe, has released a list of companies with arrears of up to hundreds in millions.