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Business News
Finance gap threatens Industrialisation goals
University of Malawi associate professor of economics Ronald Mangani says financing gaps threaten the country’s aspirations of achieving industrialisation and…
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National News
Turn challenges into opportunities—Chilima
Vice-President Saulos Chilima has challenged accountants in the country to navigate and move forward by turning challenges into opportunities. In…
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National News
Escom seeks 10% Tariff increase
Power utility Electricity Supply Corporation of Malawi (Escom) has proposed for consideration by Malawi Energy Regulatory Authority (Mera) a 10…
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Business News
Institute questions AIP sustainability
The International Food Policy Research Institute (Ifpri) has cast doubt on the possibility of maintaining the planned level of subsidy…
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Business News
Comesa fines Malawi towers, other firms
The Common Market for Eastern and Southern Africa (Comesa) Competition Commission (CCC) has fined Malawi Towers Limited and two other…
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Business News
Rising prices hit rural folks
Welfare losses emanating from rising prices of goods and services since December 2020 are more pronounced in the rural areas,…
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Business News
Costs keep local tourists low
Although at national level, 64.1 percent of households expressed willingness to spend on tourism activities, only 12.5 percent of Malawians…
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Business News
AfDB to launch new finance initiative
The African Development Bank (ADB) Group, Green Growth Knowledge Platform (GGKP) and other partners was on Thursday expected to launch…
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Business News
Malawi banks on new UK trade deal
Minstry of Trade says the proposed United Kingdom (UK) Generalised Scheme of Preferences (GSP) stands to further improve access to…
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Business News
Retail maize prices up 5% in August—report
Retail maize prices increased by five percent in August 2021, with prices averaging K140 per kilogramme (kg), published figures from…
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Business News
Fuel service stations rated poor on safety
Routine inspections by the Malawi Energy and Regulatory Authority (Mera) have established that 66 percent of the fuel retail outlets…
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Business News
Nico Holdings plc profit after tax down by 8%
Nico Holdings plc profit after tax before comprehensive income declined by eight percent to K7 billion in the half year…
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Business News
Tevet courts banks
The Technical, Entrepreneurial and Vocational Education and Training (Tevet)Authority has engaged the Bankers Association of Malawi (BAM)to help in lobbying…
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Business News
Slow economic recovery dampens forex outlook
The Reserve Bank of Malawi (RBM) says the slow recovery in commodity prices in the sub-Saharan Africa will affect accumulation…
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Business News
Banks see credit Demand rising
Bankers Association of Malawi (BAM), a grouping of eight commercial banks, says it expects credit demand to rise in the…
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Business News
Road maintenance funding gap up 80%
Malawi faces a road maintenance funding gap of nearly 80 percent which contributes to the higher transport costs and barring…
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Business
Tobacco farmers speak on rising inputs
Tama Farmers Trust says the rising farm inputs coupled with the continued pressure on the local unit is threatening farmers’…
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Business News
Informal maize exports up 125%
Informal cross-border maize exports increased by 125 percent from 1 258 metric tonnes (MT) in June to 2 829 MT…
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Business News
Forex losses dampen Airtel Malawi H1 profit
Airtel Malawi plc has reported a negligible 0.6 percent drop in profit after-tax to K11.346 billion in the half year…
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Business News
Firms’ bad loans provision down
Provision for bad loans for private sector credit has declined by 0.5 percentage points in the first half of this…
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