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Business News
Fuel prices down again, consumers disappointed
After being cut by about 10 percent in early January, prices of fuel—petrol, diesel and paraffin— have effective yesterday, been…
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Business News
Remittances on the rise, hits k13.5 billion
Malawi received about $28.7 million (K13.5 billion at the current exchange rate) in personal remittances in 2013, slightly above the…
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Business News
Govt cautioned on budget performance
Against government claims that expenditures have been on track, with figures showing a good tax revenue performance, an analyst has…
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Business News
Escom to add 40MW at Kapichira Power Station
Electricity Supply Corporation of Malawi (Escom) says it intends to extend Kapichira Hydro-power Station to Phase III, which will add…
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Business News
Govt to enhance ease of doing business
Malawi Government has promised to create and sustain a pro-business environment to make it cheaper, easier and faster to do…
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Business News
Malawi drops on economic freedom
Malawi fell on economic freedom—a measure that includes property rights, control of government spending, monetary freedom and trade freedom. In…
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Business News
Malawi’s fuel price world’s highest
Malawi’s pump prices for petrol and diesel are one of the highest in the world, according to latest data from…
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Business News
Malawi concerned about ozone-depleting substances
Government says it is concerned about ozone-depleting substances (ODS) and has since been implementing measures aimed at mitigating the trend.…
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Business News
Insurance association warns against price fixing
Insurance Association of Malawi (IAM), a local umbrella body for the country’s insurance firms, has asked all stakeholders to disregard…
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Business News
Malawi’s inflation rate moves away from Comesa average
Malawi’s inflation rate slightly moved away from the Comesa rate in November 2014, while the trade bloc’s average slowed down,…
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Business News
Malawi govt issues K157bn zero coupon bonds
Treasury has issued zero coupon promissory notes—securities that will not bear interest— valued at about K157 billion to enable contractors…
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Business News
Wholesale, retail trade credit lead
Total credit for wholesale and retail trade led in October 2014, with the sector claiming about 25 percent of the…
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Business News
Malawi lending rates fall by 8%
Malawi commercial bank lending rates fell by an average eight percent in 2014 compared to the previous year, pointing to…
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Business News
Cellphone usage in Malawi expensive, says ITU
Mobile cellular phones in Malawi are most unaffordable to use in the world relative to incomes, with the services costing…
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Front Page
Liquidity challenges hit commercial banks
Some commercial banks are struggling to meet their daily minimum liquidity requirements and have resorted to borrowing from Reserve Bank…
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Business News
Sugar prices up 8% on kwacha fall
Sugar prices have risen by about eight percent effective yesterday due to the weakening kwacha against major trading currencies, according…
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Business News
Malawi’s trade balance worsens to K60 billion
Malawi’s trade deficit with the rest of the world has worsened to about K60 billion (US$118 110 236), an indication…
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Business News
CFTC inquires into TNM, Burco ISP acquisition
Malawi’s Competition and Fair Trading Commission (CFTC) is inquiring into the proposed acquisition of Burco Electronic Systems Limited by mobile…
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Business News
Gaming Board for responsible gambling
Malawi Gaming Board (MGB) has encouraged operators to ensure responsible gambling as the country reaps benefits from gambling. Speaking Monday…
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Business News
Malawi Competition Commission watching sugar industry
The Competition and Fair Trading Commission (CFTC) has said although it is not an offence to enjoy monopoly powers, they…
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