-
Business News
EIU forecasts 4.6% growth in 5 years
The Economist Intelligence Unit (EIU) has projected that Malawi’s economy will grow by an average of 4.6 percent in…
Read More » -
Business News
EIU forecasts lower deficit by 2022
Malawi’s budget deficit is expected to reduce to 2.6 percent by the 2021/22 financial year, United Kingdom-based Economist Intelligence Unit…
Read More » -
Business News
Contributory pension to double in five years—Treasury
Ministry of Finance, Economic Planning and Development says it wants to increase coverage of contributory pension from eight percent to…
Read More » -
Business News
Fiscal adjustments costly—analyst
Treasury’s failure to meet targets for domestic revenues and grants has the potential to affect provision of social services, Ecama…
Read More » -
Business News
Treasury to double private sector credit
Bankers Association of Malawi (BAM), a representative body of commercial banks, has welcomed Treasury’s plans to double credit to…
Read More » -
Business News
Malawi FDI inflows unstable—Report
Malawi’s foreign direct investments (FDI)—the flow of capital between countries—have been fluctuating in the recent past, despite various ambitious…
Read More » -
Business News
Bank outlines economic risks
National Bank of Malawi (NBM) plc has said gains accrued in 2017 arising from low food prices are in…
Read More » -
Front Page
Public debt soars to k2.9 trillion
The International Monetary Fund (IMF) has said while the rising public debt, now at K2.9 trillion, is not too…
Read More » -
Business News
2018/19 fiscal programmes under scrutiny
Government’s move to introduce new programmes and maintain some of the existing ones has been put on the spotlight, with…
Read More » -
National News
Poor loan recoveries impacting on Medf
The Malawi Enterprise Development Fund (Medf) continues to report a negative financial performance to poor loan recoveries, Treasury has said.…
Read More » -
Business
Are Parastatal reforms failing?
Parastatal performance remains subdued despite government instituting reforms in over 40 State-owned enterprises three years ago. In an interview…
Read More » -
Business News
Escom ponders on new tariff model
Escom says it is pondering on adopting a cost-reflective tariff model to sustain its operations on the market. Speaking during…
Read More » -
Business News
Body wants thriving manufacturing sector
Manufacturing Industries Association (MIA), a representative body of 200 manufacturing firms, says government has to intervene to save the…
Read More » -
Business News
Rate cut fails to boost credit growth
Despite the Reserve Bank of Malawi (RBM) reducing the policy rate to 16 percent, the lowest in seven years,…
Read More » -
Business News
Mining revenue jumps 25%—annual report
Treasury says it has raised K500 million in mining revenue within nine months—July 2017 and April 2018—through royalties, licence…
Read More » -
Business News
Trade disparity up, hits K758 billion
At K758 billion, Malawi’s trade balance in 2017 continues to worsen despite various policy interventions to narrow the trade gap,…
Read More » -
Business News
High demand for Malawi’s legumes
The AHL Commodity Exchange Limited (AHCX) says there is high demand for Malawi’s soya, groundnuts and sugar beans on the…
Read More » -
National News
Masm fee hike irks consumers
Consumers Association of Malawi (Cama) has expressed frustration with the hike in Medical Aid Society of Malawi (Masm) subscriptions…
Read More » -
Front Page
‘Fiscal deficit a Necessary evil’
Treasury plans to end the 2018/19 fiscal year with a deficit of K242.9 billion could be a necessary evil…
Read More » -
Business News
No plans to stop Growing tobacco
Tobacco Association of Malawi (Tama), a representative body of tobacco farmers, says it has no plans to stop growing…
Read More »