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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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Business News
Commodity dependence worsens, says UN report
Malawi’s continued dependence on commodity for exports has doubled in the past 20 years, a situation United Nations Conference…
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Front Page
Mera hits at IPPs
Malawi Energy Regulatory Authority (Mera) has threatened to revoke licences for independent power producers (IPPs) who fail to roll…
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National News
Hope as Escom signs more power deals
Electricity Supply Corporation of Malawi (Escom) on Monday signed 14 Power Purchase Agreement (PPA) with four Independent Power Producers…
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Business News
Maize farmers raw deal on price
Traders have started buying maize from some farmers at K80 per kilogramme (kg) against the government set minimum buying…
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Business News
Inflation rate drops to 9.1%
Inflation rate for April 2019 eased by 0.2 percentage points to 9.1 percent, a development monetary authorities say signifies…
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Business News
Global oil prices Bring hope—MERA
Malawi Energy Regulatory Authority (Mera) has expressed hope of reduced local fuel pump prices following a 13.4 percent projected decline…
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Business News
Cear first quarter profit drops 52%
Central East African Railways (Cear) has posted a 52 percent decline in profit to $2.1 million (about K1.6 billion)…
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Business News
Import cover hits 3.83 months
Malawi’s gross foreign exchange reserves —a combination of official and private sector reserves— inched upwards to 3.83 months of import…
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Business News
Manufacturing sector continues to stagnate
Malawi has over the past 30 years failed to make headway in the manufacturing sector, leaving analysts wondering whether…
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Business News
Dubai Expo to boost FDI inflows—Ministry
Ministry of Industry, Trade and Tourism says Malawi could generate $500 million (about K370 billion) worth of export orders…
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Business News
Election fever affects private sector credit
The Reserve Bank of Malawi (RBM) says political uncertainty in the run-up to the May 21 Tripartite Elections coupled…
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Business News
Kenya removes duty on maize imports
Grain Traders and Processors Association of Malawi says the move by Kenya to remove duty on maize imports gives local…
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Business News
Treasury in K73.1bn third quarter deficit
Treasury has recorded a deficit of K73.1 billion in the third quarter (January-March) of this financial year, figures from…
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Business News
Economists caution on Treasury Bills rise
The Economist Association of Malawi (Ecama) has decried the rise in Treasury Bills (T-bills) which they say could adversely affect…
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Business News
Malawi maintains grip on sugar production
Malawi, alongside other seven countries in the Common Market for East and Central Africa (Comesa) region, has maintained their grip…
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