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Business News
Malawi’s drive towards export-led growth slows
Malawi’s efforts to shift towards export-oriented industrialisation that involves production of goods and services that are competitive on the global…
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Business News
UN calls for stronger fiscal measures
The United Nations (UN) World Economic Situation and Prospects has called for the re-allocation and reprioritisation of public expenditures through…
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Weak social protection coverage hits workers
The latest Malawi Labour Market Profile has found that weak social protection coverage continues to hit most workers despite a…
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Business News
Fertiliser re-exports rising, figures show
Malawi’s fertiliser re-exports volumes are steadily rising, moving by 97 percent over a six-year period from 3 600 metric tonnes…
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Business News
Treasury fails to meet debt target
Government says it failed to meet the target it sought to borrow from the domestic market in the 2021/22 fiscal…
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Business News
Flagship projects funding falls short
Ministry of Finance and Economic Affairs has raised K22.48 billion in local currency infrastructure development bond, which is 55 percent…
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Business News
Home financing under spotlight
The number of mortgages offered by five of the country’s commercial banks dropped last year amid escalating bad loans and…
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Business News
Growing fears over power supply targets
Energy expert Grain Malunga says government’s decision to dissolve Power Market Limited (PML) and transfer the single buyer licence to…
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Business News
Maize prices down 2%, says institute
The opening of some Agricultural Development and Marketing Corporation (Admarc) depots has given relief to consumers with maize prices falling…
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Front Page
Private sector external debt stock hits K2.6tn
The private sector external debt stock (Psed) accumulated to $2.5 billion (about K2.6 trillion) by 2021, published National Statistical Office…
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National News
Donors urge govt to rethink AIP
The Donor Committee on Agriculture and Food Security in Malawi has urged government to rethink the allocations to the Affordable…
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Business News
Supply deficit hits fertiliser market
Foreign exchange challenges have crippled the local fertiliser market, leading to shortages of the commodity after players struggled to pay…
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Business News
Minister hopeful on tourism incentives
Minister of Tourism, Wildlife and Culture Michael Usi says they are hoping to get Treasury’s approval for various incentives aimed…
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Business News
Covid-19 dampens FDI inflows—survey
Findings of a joint survey by three government institutions show that the economic slowdown due to travel and other restrictions…
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Business News
Calls mount for paye, Minimum wage review
Employers Consultative Association of Malawi (Ecama) and other stakeholders have asked Treasury to review the monthly minimum wage and raise…
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Business News
Minister touts progress on debt restructuring
Minister of Finance and Economic Affairs Sosten Gwengwe says Treasury has made progress in its bid to restructure external debt…
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National News
MCCCI wants used cars, kaunjika imports ban
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has asked government to ban importation of motor vehicles older than…
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Business News
Budget to focus on quick wins—minister
Minister of Finance and Economic Affairs Sosten Gwengwe says the 2023/24 National Budget will focus on quick wins in sectors…
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Business News
Economic shocks to spill over to 2023, says MCCCI
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says the impact of the shocks businesses faced in 2022 will…
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Front Page
Minister outlines budget obstacles
Minister of Finance and Economic Affairs Sosten Gwengwe has singled out reducing budget deficits and containing public debt as some…
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