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Business News
CAMA takes on BWB over prepaid meters
The Consumers Association of Malawi (Cama) has faulted Blantyre Water Board (BWB) for recalling its prepaid meters to replace them…
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Business News
Hopes rise for businesses in 2024
Businesses expect better performance this year, a recent survey by the Malawi Confederation of Chambers of Commerce and Industry (MCCCI)…
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Business News
Blantyre most expensive, cost of living up K564 524
Low income earners continue to grapple with balancing the financial equation as the cost of living has risen by 7.8…
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Business News
MCTU for decent workplace
The Malawi Congress of Trade Unions (MCTU) has urged government to ratify the International Labour Organisation (ILO) Convention No. 190…
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Business News
Economic activity below potential
Malawi’s economic activity has remained below potential for years, an indication that fighting poverty and improving people’s welfare is but…
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Business News
Inflation rises to 35% as pressures remain elevated
Malawi’s year-on-year inflation rate for January 2024 increased by 0.5 percentage points to 35 percent, the highest in 11 years,…
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Business News
Maize floods the market, prices down
Maize prices have continued to decline in recent weeks as supply of the staple grain has been rising. This, according…
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Business News
RBM struggles to boost forex buffer
The Reserve Bank of Malawi (RBM) has admitted facing struggles to secure foreign exchange to boost its reserves with data…
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Business News
Policy rate hike threatens consumer demand—CfSC
The Centre for Social Concern (CfSC) says the Reserve Bank of Malawi’s (RBM) decision to raise the policy rate will…
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Business News
Govt move threatens market liquidity—BAM
Bankers Association of Malawi (BAM) says government’s move to migrate bank accounts of 22 parastatals from commercial banks to the…
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Business News
RBM justifies policy rate hike
The Reserve Bank of Malawi (RBM) says the hike in the policy rate to 26 percent in the current circumstances…
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Business News
Local manufacturer wants partnership on mega farms
Local manufacturer Brown Trailers Manufacturers Company says it wants to partner government in the provision of supplies for the Mega…
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Business News
Businesses struggling to access forex
Businesses in the country are still struggling to source foreign exchange from banks, three months after the Reserve Bank of…
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Business News
Policy hike hits small businesses
Small and medium enterprises have been left in the cold followin g Reserve Bank of Malawi (RBM)’s decision to raise…
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Business News
Commission tips on unlocking investment
Economic Commission for Africa (ECA) has called for a shift in perspective and if Africa’s partnership with Europe is to…
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Business News
Bank interest rates hike to strain firms
Commercial banks’ move to raise base lending rates in reaction to Reserve Bank of Malawi’s (RBM) policy rate hike will…
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Business News
Workers condemned to income poverty—UN
For years, Benjamin Jonas has been working as a casual labourer in the construction sector, but with no success to…
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Business News
Calls for more action on preferential treatment
Amid concerns that indigenous black businesses are not given preference in government contracts, economist Chinyamata Chipeta says more needs to…
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Business News
Firm outlines budget risks
Investment advisory firm Nico Asset Managers Limited says government faces risks to achieve its target of reducing fiscal deficit in…
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Business News
MRA facing hitchesto broaden tax net
Malawi Revenue Authority (MRA) efforts to attract the informal sector into the tax net continue to face hurdles as most…
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