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Business News
Malawi misses out on urbanisation gains
Malawi is yet to fully optimise gains associated with population shift from rural to urban areas, the 2019 April National…
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NBM outlines growth risks
National Bank of Malawi (NBM) plc says unstable macroeconomic environment and power challenges pose risks to attaining robust economic growth.…
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Business News
Credit spread under scrutiny
The National Working Group on Trade and Policy has faulted the country’s economic structure which it says favours credit to…
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Business News
Malawi mobile landscape competitive
Malawi has a competitive mobile landscape, with substantial opportunity for growth based on recent and continued increases in mobile users…
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NBS Bank touts growth, to consolidate gains
NBS Bank plc has pledged to consolidate gains made over the past two years while repositioning itself to be among…
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Business News
World bank cuts growth to 4.5%
The World Bank has slashed Malawi’s gross domestic product (GDP) growth rate for 2019 to 4.5 percent from 4.7 percent…
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Editors Pick
Egenco signs Likoma-Chizumulu 1.3MW power contract
Electricity Generation Company (Malawi) Limited (Egenco) has signed a contract with NR Electric Company of China to design, supply, install…
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Business News
Miner ships rare earth samples for testing
Mkango Resources Limited, a Canadian-based mineral exploration and development company, on Monday started the process of sending 60 tonnes of…
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Editors Pick
MRA takes on illegal opaque beer traders
Malawi Revenue Authority (MRA) says while smuggling opaque beer into Malawi poses serious health risk; the malpractice is depriving government…
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Business News
Consumers wants relief on Escom failure
Consumer Association of Malawi (Cama) says it is hoping for relief on failure by utility supplier Electricity Supply Corporation of…
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Business News
Commentators urge Mutharika to act on economy
Economics Association of Malawi (Ecama) has urged President Peter Mutharika’s administration to walk the talk if the direction that the…
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Business News
Vision 2020 fails to aspire hope
With only six months to go, Malawi’s hope of attaining sustainable growth and development and becoming a middle income country…
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Business News
Malawi electricity uptake low—report
At 35 percent, Malawi’s electricity uptake is the least in sub-Saharan Africa, an analysis of 32 countries on the uptake,…
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Business News
RBM managing forex demand
The Reserve Bank of Malawi (RBM) says it is managing the huge demand for foreign exchange at a time tobacco…
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Business News
Prices give hope for cotton farmers
Cotton farmers have expressed hope with the improved prices being offered by ginners in the 2019 Marketing Season. At K420…
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Business News
Digital currencies illegal, says RBM
The Reserve Bank of Malawi (RBM) has warned that digital currencies or cryptocurrencies are not legal tender in the country…
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Business News
Business stalls
Business operating environment has since last Tuesday been subdued largely due to the after-effects of the May 21 Tripartite Elections.…
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Business News
MCTU presses for sectoral minimum wage
The Malawi Congress of Trade Unions (MCTU) has said it will engage government on plans to introduce sectoral minimum…
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Business News
Malawi makes strides In financial inclusion
Malawi seems to be on its way to achieving its vision of creating infrastructure through partnerships to enhance the…
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Business News
‘Malawi’s development hurdles multi-pronged’
Malawi’s development challenges are multi-pronged, which include vulnerability to external shocks such as weather and health, the World Bank…
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