-
Business News
Fiscal constraints hinder poverty fight—AfDB
Fiscal constraints in Malawi have made the fight against poverty difficult, with poverty headcount falling by about five percentage points…
Read More » -
Business News
Market maize prices down 2%
Retail maize prices declined by an average of two percent in November, despite some areas registering price increases, published figures…
Read More » -
Business News
China financial pledge down 33%, yet to commit to Malawi
Ministry of Finance says Treasury is yet to get feedback on whether China will fund some government projects in the…
Read More » -
Business News
Malawi IPPs to benefit from K71bn facility
The African Trade Insurance Agency (ATI)says it will issue additional guarantees to two of the country’s independent power producers (IPPs)…
Read More » -
Business News
MRA seeks to drag 1.3m SMEs into tax net
Malawi Revenue Authority (MRA) says it expects to bring 1.3 million small and medium enterprises (SMEs) into the tax net…
Read More » -
Business News
IMF tips central banks on taming inflation
The International Monetary Fund (IMF) has challenged central banks to be ready to adjust the course in the wake of…
Read More » -
Business News
Mera calls for patience on reduced global fuel price
Malawi Energy Regulatory Authority (Mera) says consumers will have to wait until January 2022 to benefit from the global fuel…
Read More » -
National News
K1.1bn deal shakes MPC
Malawi Posts Corporation (MPC) board of directors has ordered a forensic audit on how the financially crippled parastatal spent K1.1…
Read More » -
Business News
World Bank says Covid-19 threatens remittance flow
The World Bank says Covid-19 remains a huge risk to cross-border trade and flow of remittances to Malawi and other…
Read More » -
National News
MPC board suspends executives over K1.6bn
The board of directors of financially crippled Malawi Posts Corporation (MPC) has suspended the corporation’s executive management for alleged mismanagement…
Read More » -
Business News
Malawi, others at risk of widening digital divide
The United Nations says Malawi and other least developed countries (LDC) are at risk of falling further behind on the…
Read More » -
Business News
Annual private sector credit demand declines, says RBM
The Reseve Bank of Malawi (RBM) says annual growth in private sector credit decelerated to 21.7 percent in September 2021…
Read More » -
Business News
Macro-economic climate Hinders PPPs progress
Public Private Partnership Commission (PPPC) says few Malawians are taking up opportunities for public private partnership (PPP) projects, a situation…
Read More » -
Business News
Economists tip authorities on easing rising inflation
Economists and a money market analyst have urged monetary authorities to ensure that they tame the continued rising inflation rate.…
Read More » -
Business News
Another water tariff increase in the offing
Water Services Association of Malawi (Wasama) says consumers should brace for another water tariff hike within the financial year as…
Read More » -
Business News
Kwacha in mixed fortunes in q3
The kwacha registered a mixed performance in the third quarter (Q3) of this year by depreciating against the dollar amid…
Read More » -
Business News
Old Mutual chief talks on alternative investments
From November 3 to 5 this year, Old Mutual Malawi plc through its subsidiary Old Mutual Investment Group and in…
Read More » -
Business News
Rising cost of fish feed chokes industry growth
Despite the availability of raw materials to produce fish feed, Malawi does not have commercial floating fish feed producers, a…
Read More » -
Business News
IMF says Malawi, others lose K600bn in mining tax
Sub-Saharan African (SSA) countries, including Malawi, are losing between $470 million (about K585 billion) and $730 million (about K599 billion)…
Read More » -
Business News
Maize price highest in Southern Region, says institute
The International Food Policy Research Institute (Ifpri) says retail maize prices have remained highest in Southern Region despite some notable…
Read More »