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Business News
June inflation rate down to 11.3%—NSO
Reduced food prices have continued to push down inflation, with the rate for June 2017 recorded at 11.3 percent from…
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Business News
‘Malawi has benefitted from EU sugar reforms’
The European Union (EU) sugar price reforms and elimination of country specific quotas had a positive influence on exports, with…
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Business News
SMEs welcome public procurement law
Small and Medium Enterprises Association of Malawi (Smea) has asked authorities to come up with deliberate policies to empower SMEs…
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Editors Pick
FDH Bank optimistic on business prospects
FDH Financial Holdings Limited, the parent company of FDH Bank, has said it is optimistic about future business prospects…
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National News
Escom announces more blackouts
The Electricity Supply Corporation of Malawi (Escom) yesterday said consumers should expect power rationing, especially in areas where the corporation…
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National News
Fury over banks’ greed
Customers feel short-changed on deposit, lending rates disparity Not good enough! That is the general reaction on commercial banks’ gesture…
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Front Page
Drought widens current account deficit—KPMG
Drought that hit Malawi in 2016 widened the current account deficit to 15.5 percent of gross domestic product (GDP) recorded…
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Front Page
World Bank tips Malawi on economic stability
The World Bank has said there is need to reduce cost of capital, address weak fiscal environment and bring down…
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Business News
MRA explains tax underperformance
Malawi Revenue Authority (MRA) has faulted the sluggish economy for continued underperformance in the Pay as You Earn (Paye) and…
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Business News
Farmers happy with minimum cotton price
Cotton farmers in the country have expressed satisfaction with the minimum price of cotton pegged at K320 per kilogramme (kg)…
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Business News
Policy rate to fall Further—economist
Head of economics at Catholic University Gilbert Kachamba has predicted a further fall in the policy rate, from the current…
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Business News
Exports to AGOA jump After years of decline
Malawi’s exports to the United States (US) through the African Growth and Opportunity Act (Agoa) trade window jumped in…
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Business News
Duty-free access to UK market excites Malawi
The Ministry of Industry, Trade and Tourism has said securing duty-free access to the United Kingdom (UK) market creates…
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Business News
RBM upbeat on inflation, as Admarc opens markets
The opening of Agricultural Development and Marketing Corporation (Admarc) markets to buy maize from traders will not thwart Reserve…
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Business News
MRA modernisation to Boost domestic revenue
Ministry of Finance, Economic Planning and Development has said modernisation of Malawi Revenue Authority (MRA) operations will boost collection…
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Business News
WB contradicts RBM on inflation targets
Reserve Bank of Malawi (RBM) has projected average inflation to reach its target of 12.3 percent or below by December…
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Business News
Malawi, EU trade balance narrows
Trade between the European Union and Malawi narrowed in 2016, with trade balance declining to negative 151 million euros (about…
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Business News
Uemployment rate high among females—report
Malawi has more males working than females, with males dominating 86 percent of the jobs, according to figures contained…
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Business News
Global oil price rise could impact Malawi
A rebound in global oil price could pose a risk to the local market. This follows an agreement by the…
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Business News
Malawi trade deficit narrows—Report
Despite Malawi’s imports being higher than exports in 2016, data from a government annual economic report shows a narrowing trade…
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