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Business News
New tax measures excite businesses
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says businesses are banking on the proposed 2021/22 tax policies…
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Business News
MW ready to tap into K750bn African market
Malawi has potential to tap from a $943 million (K754 billion) export markets through the African Continental Free Trade Agreement…
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Business News
Power demand soars
The Electricity Supply Corporation of Malawi (Escom) sold 1 576 gigawatts (GWh) of electricity in 2020, a 6.3 percent rise…
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Business News
Scramble for village banks
Bankers Association of Malawi (BAM)says the move by commercial banks to tap into village banks will help create a more…
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Business News
Trade key to stability—EU
The European Union (EU) says trade is key to attaining stable macroeconomic fundamentals and improved welfare of the people in…
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Front Page
Mlusu concedes Subsidy pressure
Minister of Finance Felix Mlusu says Treasury is working on an exit strategy model for the Tonse Alliance administration’s flagship…
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Business News
ECAMA says budget too ambitious
The Economics Association of Malawi (Ecama) has described the 2021/22 fiscal plan as ‘quite ambitious’ despite having measures to help…
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Business News
Ornamental stones dominate export basket
Mineral exports in the 2020/21 financial year continued to be dominated by ornamental stones used for interior decoration, Treasury records…
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Business News
Treasury to raise k1tn through 15-yr bond
Minister of Finance Felix Mlusu says Treasury is expected to raise K1 trillion from the 15-year development bond on the…
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Business News
ictam to hold ICT expo
The ICT Association of Malawi (Ictam) is set to hold International ICT Expo in August this year which will attract…
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Business News
Study cautions ADMARC funding
Continued public funding of financially-struggling Agricultural Development and Marketing Corporation (Admarc) is made at the expense of increased private sector…
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Business News
WB slashes MW’S Growth prospects
The World Bank has revised downwards the country’s growth projections by 0.5 percentage points to 2.8 percent as Covid-19 impacts…
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Business News
Maize exporters Dealt heavy blow
Grain Traders and Processors Association of Malawi (GTPA) have been dealt a heavy blow following Zimbabwe’s move to ban maize…
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Business News
Farmers selling cotton at below minimum price
In search of fast cash, some cotton farmers are selling their crop at as low as K150 per kilogramme (kg)…
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Business News
Informal sector key to Recovery—world bank
The World Bank says with 89 percent of private sector firms in the informal economy, Malawi’s recovery will be delayed…
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Business News
Remittances drop Hits households
A new report shows that 80 percent of households in Malawi experienced a decline in remittances, a situation experts fear could…
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Business News
Report shows Treasury borrowed K124bn in Jan
Net credit to central government from commercial banks grew by 16.9 percent or K124.1 billion to K857.3 billion in January…
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Business News
Gloomy outlook for Q2
Reserve Bank of Malawi (RBM) says the local unit will depreciate by about 2.2 percent in the second quarter (April…
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Business News
CfSC for increased minimum wage
The Centre for Social Concern (CfSC) has asked Treasury to consider effecting another minimum wage hike as a way of…
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Business News
Going gets tough For urban poor
The Covid-19 pandemic could push over 147 000 Malawi urban dwellers into poverty, this is according to the World Bank.…
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