“It’s of no use signing a contract or agreement and few months or few years down the line, you have nothing on the ground. “Because at the end of the day, the ultimate beneficiaries of all these reforms are the citizens of Malawi,” Itaye said. The contracts run from the first quarter of the 2026/27 financial year through to the fourth quarter of 2027/28. MBS was represented at the signing by Director General Symon Mandala, while SMEDCO was represented by Chief Executive Officer Kondwani Kachamba Ngwira. Three further institutions under the ministry’s purview — the Competition and Fair Trading Commission, the Malawi Investment and Trade Centre, and the Malawi Tourism Authority — have yet to sign equivalent reform contracts.