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Business News
Malawi rated poorly on economic freedom
The Malawi economy has been rated “mostly unfree” in the 2019 index of Economic Freedom, an annual guide published by…
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Business News
Dutch firm pumps K1bn for Malawian start-ups
Small and medium enterprises (SMEs) have an opportunity to tap from the K1 billion start-up fund courtesy of a Dutch…
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Business News
Mera explains storage levy
Malawi Energy Regulatory Authority (Mera) says although it has been collecting storage levy in the fuel price build-up, it has…
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Business News
IMF, treasury talks On topping up ECF
The International Monetary Fund (IMF) and Treasury are discussing the possibility of topping the $112 million (about K83 billion) loan…
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Business News
Rough road for businesses in Q1
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says despite registering economic gains, industries are yet to start…
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Business News
Cooperatives key to poverty alleviation
Ministry of Industry, Trade and Tourism has urged Malawians to embrace the concept of cooperatives which it says is key…
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Business News
Kwacha to depreciate BY 5%—AfDB
The country’s local unit, the kwacha may depreciate by about five percent, partly because of expected large current account deficits,…
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Business News
Govt records deficits in Jan, Feb, figures show
Central government budgetary operations recorded deficits in January and February due to lower than expected tax collection by Malawi Revenue…
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Business News
Bank, analysts expose flaws in development
The World Bank has given an indictment on Malawi’s development strategies, saying the economic performance between 1995 and 2018 has…
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Business News
New Finance Bank merges with GetBucks Malawi
New Finance Bank (NFB) Malawi and GetBucks Malawi have merged and the new entity will now be called MyBucks Banking…
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Business News
Firms positive on economic outlook
Some firms have painted a positive picture of the operating macro-economic environment this year despite weather-related shocks and risks related…
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Business News
NBM profit down 16%, positive on outlook
Subdued loan book for the Malawi Stock Exchange (MSE)-listed National Bank of Malawi (NBM) plc has reduced the bank’s profit…
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Business News
Economy depressed—MCCCI
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says despite registering a surge in private sector borrowing, majority…
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Business News
Malawi to lose out on free trade area
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has warned that unless Malawi irons out economy’s structural challenges, it…
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Business News
Mpico profit jumps 33% to K6.8bn
Mpico plc, a property management firm, has reported a profit after-tax of K6.8 billion in the year ended December 31…
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Business News
Maize traders hit at World Bank over aid
Grain Traders and Processors Association (GTPA) has faulted the World Bank for continuing to withhold about K60 billion ($80 million)…
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Business News
Malawi grapples to narrow trade gap
Despite a number of interventions, Malawi’s trade gap with the rest of the world continues to widen, a development analysts…
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Business News
Escom moves to relieve Low-income customers
Low-income customers on Electricity Supply Corporation of Malawi (Escom) power grid will now start accessing electricity at a lower rate…
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Business News
Universal fertiliser subsidy expensive for Malawi
An analysis by the International Food Policy Research Institute (Ifpri) on the universal fertiliser subsidy (UFS) has revealed that untargeted…
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Business News
Mixed fortunes for tea as demand dip 3%
Despite having a promising start to the tea marketing season fluctuating prices and changing consumption trends threaten farmer’s earnings. Industry…
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