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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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Business News
No Nkula B shutdown
The Millennium Challenge Account–Malawi (MCA-Malawi) says the contractor in the rehabilitation works at Nkula A Hydro Electric-Power Plant will not…
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Business News
Chikaonda outlines growth challenges
Outgoing chairperson of National Bank of Malawi (NBM)plc, Mathews Chikaonda, says the current high cost of borrowing and power generation…
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Business News
NBS Bank positive on operating capacity
NBS Bank board chairperson Vizenge Kumwenda has said the bank is positive of increasing its operating capacity to more than…
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Business News
Food imports trigger rise in import bill
Increased importation of food items continues to push up the import bill, a situation which is said to have worsened…
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Business News
World Bank cautions on domestic debt
The World Bank (WB) has cautioned on the rising domestic debt, which it says has been accumulating at an…
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Business News
World bank outlines budget challenges
The World Bank (WB) says expenditure on wages and salaries and on interest on domestic debt remains the main…
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Business News
Urbanisation key to future growth prospects—WB
World Bank says Malawi needs to manage its urbanisation process as this will be critical in the country’s efforts…
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Business News
Project links 7 500 legume farmers to markets
At a time when unscrupulous traders are offering low prices on the market, a Legumes Enterprise Structured Production (Lesp) project…
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Business News
Thyolo Teachers Sacco posts 60% surplus
Thyolo Teachers’ Savings and Credit Cooperative Society (Sacco) has posted a K16 million surplus in 2016—up from K10 million…
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Business News
Kachepa: The wall mural king
Building a startup is an art and what’s better when startups are built from art. Over the past few…
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Business News
Ecam cautions on minimum wage hike
The Employers Consultative Association of Malawi (Ecam)says the recent hike in the minimum wage will make employers dig deeper into…
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Business
IMF cautions on 2017/18 national budget
The International Monetary Fund (IMF) says attaining a robust growth and low inflation given the latest macroeconomic gains would…
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Business News
Tobacco sales generate K36bn in six weeks
Malawi has accumulated $49.6 million (about K36 billion) from 27.5 million kilogrammes (kg) of tobacco six weeks after the…
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Business News
Blantyre most expensive city—CfSC
Despite consumers paying fair prices for food, Blantyre has in the month of April been rated as the most expensive…
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