
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.

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.
MSE Licensed
Fully licensed and regulated stockbroker
Client First
Your financial goals drive every decision
Secure & Trusted
25+ years of market integrity
Modern Access
Digital tools for modern investors
MSE Licensed
Fully licensed and regulated stockbroker
Client First
Your financial goals drive every decision
Secure & Trusted
25+ years of market integrity
Modern Access
Digital tools for modern investors
Leadership Team
Experienced professionals guiding Malawi's capital markets

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
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
Stockbrokers Malawi Limited founded
First securities trade executed on the MSE
Expanded portfolio management services
Launched online client reporting portal
Introduced digital account opening
Continued growth in retail investor base
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