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Business News
Malawi national switch centre live in 2014
The country’s 11 commercial banks will contribute a combined 10 percent out of $3 million (K1 billion) required to implement…
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Business News
Mpico Limited has new MD
Mpico Limited has appointed Peter du Plessis as the Malawi Stock Exchange (MSE)—listed property giant’s managing director. He takes over…
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Business News
Businesses assured of kwacha stability
As the lean season in foreign exchange availability approaches, the Reserve Bank of Malawi (RBM) has assured Malawians that it…
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Business News
Malawi mulls over Agribank
Malawi Government has said discussions are underway with financial institutions to establish a medium to long- term loan facility, particularly…
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Business News
Standard Bank Group CEO visits Malawi
Standard Bank Group joint chief executive officer (CEO) Ben Kruger is in Malawi for a two-day visit of the country’s…
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Business News
Malawi domestic borrowing appetite dwindles
Malawi Government’s ease on local borrowing through its fiscal anchor of no net domestic financing has reduced the allure of…
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Business News
New system to ease trade
The 19-member trade bloc, Comesa, has developed a new system to combine the existing instruments to facilitate trade through smooth…
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Business News
Dilute stake in MSB, Govt told
The Malawi Government needs to consider diluting its share ownership in the Malawi Savings Bank (MSB) by inviting new investors…
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Business News
Demand pushes stock prices up
Demand for some stocks on the 14-counter Malawi Stock Exchange (MSE) last week continued to heighten trade resulting in six…
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Business News
Globe Metals encouraged by results
Globe Metals and Mining, an Australian Securities Exchange (ASX)-listed miner, says it is encouraged by results on the mine’s engineering…
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Business News
Illovo Malawi upbeat on good tidings
Illovo Sugar (Malawi) Limited expects a sugar cane harvest of similar size as that of the previous year, given a…
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National News
MHC-Hena Guoji begin housing construction in Lilongwe
Malawi Housing Corporation (MHC), which is in a joint venture with Chinese-owned Hena Guoji Development Company Limited, has started constructing…
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Business News
Standard Bank H1 profit up 33%, cuts interest rate
The Malawi Stock Exchange (MSE)-listed Standard Bank has posted a K5.6 billion (about $14m) after-tax-profit in the half year ended…
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Business News
‘Banks to exercise prudence’
Reserve Bank of Malawi (RBM) Governor Charles Chuka has advised commercial banks to exercise prudence and risk-based management to ensure…
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Business News
CFTC okays TNM, Airtel Malawi distribution arrangement
The Competition and Fair Trading Commission (CFTC) has authorised the country’s two mobile phone network providers, Airtel Malawi and TNM,…
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Business News
Seize opportunity on Sadc meet, Malawi urged
The Malawi Government should seize the opportunity for hosting the 33rd Sadc summit to address a number of trade barriers…
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Business News
RBM tackles financial inclusion hurdles
Low penetration of cellphones and mobile money agents in rural areas have been cited as some of the challenges hindering…
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Business News
Malawi falling inflation to trigger further interest rate cuts
Investment advisory firm Nico Asset Managers Limited says the declining inflation may trigger a fall in interest rates provided liquidity…
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Business News
ABJ mourns Mazengera
The Association of Business Journalists (ABJ), a grouping of business journalists in Malawi, says it has learnt with shock and…
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Business News
Elcam calls for Mera, NCIC coordination
The Electrical Contractors Association of Malawi (Elcam) has called for coordination between the Malawi Energy Regulatory Authority (Mera) and the…
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