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Business News
Private sector credit growth slows—RBM
Credit to the private sector edged up to 9.9 percent in August 2020 from 5.2 percent in the previous month,…
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Business News
Low grain reserves To push up prices
Despite a surplus in maize production this year, levels of stocks in the national grain reserves and Admarc remain below…
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Business News
‘RBM cannot act on pyramid schemes’
The Reserve Bank of Malawi (RBM) says it does not have total control over pyramid schemes because they are listed…
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Business News
DFIs regulation fails To bridge gap—RBM
The Reserve Bank of Malawi (RBM) says the current regulatory framework for development finance institutions (DFIs) does not help to…
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Business News
Local businesses losing out in rural areas
The continued influx of foreign traders in the rural areas of Malawi is threatening the survival of small-scale businesses to…
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Business News
Public procurement frustrates small businesses—group
Chamber for Small and Medium Enterprises Association says the delay to gazette regulations for the operationalisation of public procurement in…
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Business News
Services exports key to growth—official
Malawi has the potential to become a competitive and visible exporter of value-added and poverty-reducing labour and tourism services, an…
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Business News
Malawi’s trade balance narrows
Malawi’s trade balance, the difference between the monetary value of a nation’s exports and imports over a certain time period,…
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Business News
Public debt rise worries World Bank
The World Bank has called on creditors and borrowers to collaborate to stave off the growing risk of sovereign debt…
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Business News
Treasury outlines public debt risks
Treasury has cited high stock of domestic debt, debt refinancing and exposure to exchange rate as risks to the sustainability…
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Business News
Households in coping Mechanism, says WFP
The number of households employing emergency livelihood-based coping strategies is rising amid increasing maize prices, a World Food Programme (WFP)…
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Business News
Banks remain resilient amid Covid-19—RBM
The Reserve Bank of Malawi (RBM) says the banking sector has thus far remained sound and stable, thanks to the…
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Business News
Hand to mouth
Malawian households hardly have enough money to live on as they spend on average 63 percent of their incomes on…
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Business News
World Bank blames export ban on falling maize prices
A World Bank analysis on the impact of grain trade policies in Malawi has faulted the maize export ban, saying…
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Business News
Employers, workers tussle over K50 000 minimum wage
Ahead of the implementation of the new minimum wage in January 2021, workers and employers differed over which sectors should…
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Business News
IMF projects huge revenue shortfalls
The International Monetary Fund (IMF) says Treasury’s 2020/21 fiscal year deficit will worsen due to expected larger revenue shortfalls and…
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Business News
Maize, soya bean farmers duped
Maize and soya bean farmers sold their crops below the government recommended farm-gate minimum prices of K200 per kilogramme (kg)…
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Malawi endorses trade ratification
Malawi has finally endorsed the ratification of the African Continental Free Trade Area (AfCFTA) after years of securing a consensus…
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Business News
FewsNet sees improved income for the poor
The Femine Early Warning Systems Network (FewsNet) says access to food and incomes for low-income urban populations is likely to…
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Business News
RBM Banks on IMF for forex cover
Reserve Bank of Malawi (RBM) says it is banking on International Monetary Fund (IMF) disbursements for a flexible exchange rate…
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