-
Business News
Fimda urges RBM to close loopholes in forex market
Financial Market Dealers Association of Malawi (Fimda) has urged the Reserve Bank of Malawi (RBM) to close gaps in the…
Read More » -
Business News
Malawi passes IMF test, to get $174m
Malawi has passed the International Monetary Fund’s (IMF) first test as the global lender has reached a staff-level agreement on…
Read More » -
Business News
Malawi, Zambia engage on best tobacco farming practices
Tobacco Commission (TC) officials and a delegation from the Tobacco Board of Zambia on Monday met in Lilongwe to discuss…
Read More » -
Mother's Fun Run
Magla donates K15m to NPL’s Mothers’ Fun Run
Malawi Gaming and Lotteries Authority (Magla) has donated K15 million towards Nation Publications Limited (NPL) Mother’s Fun Run safe motherhood…
Read More » -
Business News
Malawi lags on digitaltrade facilitation—UN
Malawi is among countries that are far from competing with others on simplifying and digitising trade processes, United Nations Conference…
Read More » -
Business News
Consumers wary as prices rise further
Consumers will continue to dig deeper into their pockets following the rise in inflation rate for August 2023 to 28.6…
Read More » -
Business News
T-bills yields register drop
Treasury Bills (T-Bills) yields have registered a drop over the previous months’ earnings, but market analysts say the trajectory remains…
Read More » -
Business News
Budget records K20.7BN surplus
The 2023/24 National Budget recorded a K20.7 billion surplus in July, a turnaround from a K51.5 billion deficit recorded in…
Read More » -
Business News
Microfinance sector in mixed fortunes
The Reserve Bank of Malawi (RBM) says despite registering steady growth in assets and strong earnings in the first half…
Read More » -
Business News
Good tidings on MSE continue, index up 5.85%
The 16-counter Malawi Stock Exchange (MSE) continued on a positive trajectory in August with nine counters registering share price gains,…
Read More » -
Business News
Pension arrears hit K31.1 billion
Timely remittance of pension contributions remains a challenge for employers with K31.1 billion in pension contribution arrears still outstanding as…
Read More » -
National News
BWB water tariffs choke industry, consumers
Industry and domestic consumers have rued the 40 percent water tariff hike Blantyre Water Board (BWB) implemented in June this…
Read More » -
Malawi’s intra-Africa trade in marginal growth, says report
Trade between Malawi and other countries in Africa has grown by three percent between 2021 and 2022, with statistics showing…
Read More » -
Business News
IMF laments impact of climate change
The International Monetary Fund (IMF) has warned that the negative impact of climate change could affect Malawi’s growth prospects, gross…
Read More » -
Business News
BHL strategises on business growth
Blantyre Hotels Limited (BHL) says growth and recovery plan post-Covid-19 is on the right track buoyed by a number of…
Read More » -
Business News
Diversification, innovation key to wealth creation—Dzombe
Philanthropist and business mogul Napoleon Dzombe has challenged businesses to diversify, innovate and plan ahead, saying that is key to…
Read More » -
Business News
Piecemeal Kwacha devaluation faulted
Monetary authorities have been faulted for the “piecemeal” devaluation of the kwacha with analysts saying the current approach will delay…
Read More » -
Business News
Monetary policy toremain tight, RBM
The Reserve Bank of Malawi (RBM) says though price developments on the international market point to a decline, the monetary…
Read More » -
Business News
Bad loans rise
Outstanding loans to the private sector obtained from commercial banks have been on the rise in the half year period…
Read More » -
Business News
Illovo expects profict to double
Ilovo Sugar (Malawi) plc says it expects its after-tax profit for the year ended August 31 2023 to jump to…
Read More »