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Business News
Maize prices rising, hit K200/kg—report
Retail maize prices have started rising, with the Southern Region alone recording a 21 percent increase, figures contained in International…
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Business News
Gender gap costs economy—study
Malawi can lift an estimated 238 000 people out of poverty and increase its crop output by 7.3 percent by…
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Business News
Study cautions on power sector reforms
The National Planning Commission (NPC) says many of the reforms in the power sector are not sustainable and can be…
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Editors Pick
Admarc secures K62bn for maize purchases
State-produce trader Agricultural Development and Marketing Corporation (Admarc) says it has K62 billion for maize purchases. The parastatal targets to…
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Business News
Investment Bank outlines monetary policy risks
CDH Investment Bank Limited says rising Covid-19 outbreak, exchange rate, inflationary pressures and domestic borrowing by government poses risks to…
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Business News
Cross-border traders outline challenges
Cross-border Traders Association president Esther Tchukambiri has lamented multiple Covid-19 certificate payments and strict border regulations when entering neighbouring countries…
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Business News
FDH Bank plc posts K4.5bn profit-after tax
FDH Bank plc has registered a profit after tax of K4.55 billion in 2020, up from K3.223 billion achieved over…
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Business News
110m kg tobacco sold, TC positive
Two weeks before the official closing of the tobacco market, the Tobacco Commission (TC) says it is hopeful of meeting…
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Business News
Delay expected as deadline looms for AfCFTA rules of origin talks
Talks aimed at finalising key aspects of the African Continental Free Trade Area (AfCFTA) are facing delays as member countries…
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Business News
Kwacha least volatile-SADC
Southern African Development Community (Sadc) says the kwacha is the least volatile currency in the bloc, alongside the Tanzanian shilling.…
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Business News
Malawian appointed into UN tax committee
Malawi Revenue Authority (MRA) director of policy planning and research Waziona Ligomeka has been appointed to the United Nations (UN)…
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Business News
PPDA decries procurement knowledge gaps
The Public Procurement and Disposal of Assets Authority (PPDA) says knowledge gaps on procurement is affecting reporting and follow-up of…
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Business News
MRA chief speaks on taxes
The Malawi Revenue Authority (MRA) has during the 2020/21 financial year beat its target by K28.7 billion. In this current…
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Business News
MRA hopes to beat target amid Covid-19
The Malawi Revenue Authority (MRA) says it is optimistic that measures put in place to help broaden the tax base…
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Business News
Tobacco rejection rate rises
Tobacco rejection rate under auction system rose by four percentage points to 42 percent in week 11 of sales, published…
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Business News
Maize prices down 30%, selling at an average of K134/kg
Maize prices declined by between five to 30 percent in May with a kilogramme (kg) selling at an average of…
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Business News
Commission probes funeral service providers
The Competition and Fair Trading Commission (CfTC) has launched an investigation into alleged anti-competitive and unfair trading conduct by some…
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Business News
PPDA in capacity building to enhance procurement
The Public Procurement and Disposal of Assets Authority (PPDA) says capacity building for public procurement staff is key to improving…
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Business News
Pressure mounts on tobacco
Despite a good start, the tobacco industry is facing challenges that may impact the performance of the cash crop in…
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Business News
Firm sees improved forex reserves
The Economist Intelligence Unit (EIU) says the country’s foreign exchange (forex) reserves are projected to improve. The projection contradicts Reserve…
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