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Business News
Kwacha re-aligns against major currencies
The Malawi kwacha depreciated against the currencies of the country’s major trading partners in May 2022 on account of a…
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Business News
Tobacco Commission hopeful on tobacco sales
The Tobacco Commission (TC) says this year’s tobacco marketing season has been the best so far, with better prices being…
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Business News
Treasury explains rising debt stock
Ministry of Finance and Economic Affairs says the increasing demand to spend amid dwindling resources has led to rising public…
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Business News
Inflationary pressure to worsen poverty—Ecama
Economics Association of Malawi (Ecama) says the elevated inflationary pressures are worsening poverty and negatively affecting production and business operations.…
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Business News
Malawi Agoa exports down
Malawi’s exports to the United States (US) through the African Growth and Opportunity Act (Agoa) continue to decline, falling by…
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Business News
IMF warns of global economic collapse
The International Monetary Fund (IMF) has warned of economic collapse in many African economies, including Malawi, in the face of…
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Business News
Revenue mobilisation under slight pressure
The Reserve Bank of Malawi (RBM) figures show that Treasury’s mobilisation of revenue declined by 8.5 percent or K12 billion…
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Business News
UN urges Malawi, others to rethink diversification
The United Nations Conference on Trade and Development (Unctad) has urged Malawi and other African countries to diversify their exports…
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Business News
External debt service Rises to k91bn—RBM
The rising external debt is costing Treasury more in debt service, as the Reserve Bank of Malawi (RBM) figures show…
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Front Page
Remittances on the rise, World Bank figures show
Malawians resident in foreign countries are sending back home more money, indicating a continued supply of critical lifeline for the…
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Business News
Budget set for mid-term review
Treasury says it is set to review budget at mid-term following the negative impact of devaluation and rising inflation. Ministry…
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Business News
Cooking oil prices remain high—ministry
Ministry of Trade and Industry says rising commodity prices have undermined the anticipated gains from the issuance of cooking oil…
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Business News
Ministry opts for NFRA in maize deal
Ministry of Agriculture has opted to work with National Food Reserve Agency (NFRA) in buying maize this year instead of…
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National News
Former MRA commissioner general Malata dies
Former Malawi Revenue Authority (MRA) commissioner general Tom Malata died on Sunday night at Kamuzu Central Hospital in Lilongwe after…
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Business News
Fertiliser firms rue govt move
Fertiliser firms have warned that the move by government to replace the private sector with State-owned enterprises in the Affordable…
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Business News
Concentrated export basket worries firms
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says the country’s overreliance on unprocessed agricultural products and few…
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Business News
Rare earths mining to generate k222bn
Mkango Resources Limited, a mineral exploration and development firm, says it projects to generate $215 million (about K222 billion) annually…
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Business News
Local maize production expensive, shows report
The International Food Policy Research Institute (Ifpri) says for every kwacha spent on fertiliser, less than eight tambala worth of…
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Business News
MRA upbeat, collects K355.6bn in 3 months
Malawi Revenue Authority (MRA) has collected K355.1 billion in tax revenue in the first quarter (April to June) of this…
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Business News
Local farmers set to benefit from productivity initiative
Smallholder farmers from Malawi and three other sub-Saharan Africa countries are set to boost their productivity and food security benefit…
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