Business
Malawi strategises on AGOA extension
7 hours ago
Malawi strategises on AGOA extension
Malawi is strategising on how to benefit more from the African Growth and Opportunity Act (Agoa) ahead of its possible…
Ecama tips govt ongrowth, inflation
11 hours ago
Ecama tips govt ongrowth, inflation
The Economics Association of Malawi (Ecama) has urged government to commit to structural reforms and investments in human capital to…
Ecobank Malawi keen to build a better Malawi, Africa
24 hours ago
Ecobank Malawi keen to build a better Malawi, Africa
The bank’s head of consumer banking Sophie Mlumbe said this at Res Pub and Grub in Blantyre during celebrations marking…
Ecobank Malawi keen to build a better Malawi, Africa
1 day ago
Ecobank Malawi keen to build a better Malawi, Africa
Ecobank Malawi says it remains dedicated to build a better Malawi and Africa by accelerating financial integration and economic prosperity.…
Board sets out to close 197 tourism outlets
1 day ago
Board sets out to close 197 tourism outlets
Tourism and Hotels Board has announced plans to close 197 tourism units for failure to meet minimum standards. In a…
Malawi dared on mining potential
1 day ago
Malawi dared on mining potential
The African Mineral Strategy Group has urged Malawi to play a leading role in financing exploration of mineral resources in…
NBM Development Bank posts K893m profit
2 days ago
NBM Development Bank posts K893m profit
NBM Development Bank Ltd has registered a profit-after-tax of K893 million in 2023 on account of a growing loan book…
Sugar prices go up, CFTC to open probe
2 days ago
Sugar prices go up, CFTC to open probe
Consumers are now paying 15 percent more for a one kilogramme (kg) packet of sugar following decisions by Illovo Sugar…
Airtel loses K56bn to kwacha decline
3 days ago
Airtel loses K56bn to kwacha decline
Malawi Stock Exchange-listed Airtel Malawi plc, says it has lost K56 billion following a 66 percent kwacha fall experienced in…
Debt progress worries IMF
3 days ago
Debt progress worries IMF
The International Monetary Fund (IMF) says it is concerned that the country’s debt situation has so far remained unaddressed. Speaking…
Malawi set to double groundnut production
3 days ago
Malawi set to double groundnut production
Stakeholders in the groundnut value chain have laid out an ambitious plan to raise groundnutproduction levels in the country from…
Kwacha among worst performers
3 days ago
Kwacha among worst performers
The World Bank has rated the kwacha among the four worst four performing currencies in the region in 2023, alongside…
EIU forecasts annual inflation at 33.9%
3 days ago
EIU forecasts annual inflation at 33.9%
The Economist Intelligence Unit (EIU) has projected Malawi’s 2024 annual inflation to rise 5.1 percentage points from 28.8 percent in…
Clean energy firms rue taxes
5 days ago
Clean energy firms rue taxes
Some private sector players in the clean energy space have urged government to make the taxation system more receptive for…
Pension industry tipped to invest in real estate
5 days ago
Pension industry tipped to invest in real estate
Following the revelation that pension funds face value-erosion in the mid of high inflation rates and continued depreciation of the…
AID inflows to LDCs on decline
6 days ago
AID inflows to LDCs on decline
Development aid inflows to Least Developed Countries (LDCs), including Malawi, is on the decline with more assistance to low-income countries…
Macadamia factory feasibility study this year—Old Mutual
7 days ago
Macadamia factory feasibility study this year—Old Mutual
Old Mutual Investment Group (OMIG) says the feasibility study of its macadamia cracking machine project will be completed this year…
Impact of AI on local businesses, economy
1 week ago
Impact of AI on local businesses, economy
Artificial Intelligence (AI) continues to change the way businesses are being conducted. While AI offers significant opportunities for innovation and…
Impact of AI on local businesses, economy
1 week ago
Impact of AI on local businesses, economy
Artificial Intelligence (AI) continues to change the way businesses are being conducted. While AI offers significant opportunities for innovation and…
Local firms in credit squeeze
1 week ago
Local firms in credit squeeze
Businesses are expected to experience a reduction in availability of loans as most banks plan to tighten credit standards and…