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Stockbrokers Malawi Limited
About SML

Malawi's Premier
Stockbroking Firm

For over two decades, Stockbrokers Malawi Limited has been at the heart of Malawi's capital markets, connecting investors to opportunity.

SML teamwork

Who We Are

Stockbrokers Malawi Limited (SML) is a licensed stockbroking company operating under the authority of the Malawi Stock Exchange and regulated by the Reserve Bank of Malawi.

We provide a full range of capital market services including securities trading, portfolio management, investment research, and financial advisory to both retail and institutional clients.

Our mission is to democratize access to capital markets and help Malawians build long-term wealth through disciplined investment.

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MSE Licensed

Fully licensed and regulated stockbroker

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Client First

Your financial goals drive every decision

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Secure & Trusted

25+ years of market integrity

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Modern Access

Digital tools for modern investors

Our People

Leadership Team

Experienced professionals guiding Malawi's capital markets

Noel Kadzakumanja

Noel Kadzakumanja

Chief Executive Officer

FCCA | BBA, University of Malawi

Noel Kadzakumanja joined Stockbrokers Malawi Limited in April 2015. He is a Fellow of the Association of Chartered Certified Accountants (FCCA) and holds a Bachelor of Business Administration (BBA) degree from the University of Malawi. Noel brings over 15 years of experience in the financial services sector, having worked with finance and banking institutions across Malawi.

Kondwani Makwakwa

Kondwani Makwakwa

Business Development Manager

FCCA | B.Acc (Credit), University of Malawi | SAIFM Registered

Kondwani Makwakwa is a dedicated and dynamic leader with over 15 years of experience in Capital and Money Markets. He holds a Bachelor of Accountancy with Credit from the University of Malawi and has passed the SAIFM Registered Persons Examination in Equity Market, Regulation and Ethics of the South African Financial Markets, and Introduction to Financial Markets.

Our Journey

Key milestones in Stockbrokers Malawi Limited's history

1995

Stockbrokers Malawi Limited founded

1997

First securities trade executed on the MSE

2005

Expanded portfolio management services

2015

Launched online client reporting portal

2020

Introduced digital account opening

2025

Continued growth in retail investor base

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