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Business News
Malawi moves to ratify Sadc service protocol
Malawi Government has said it will soon ratify the Southern African Development Community (Sadc) protocol on trade in services which…
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Business News
MRA misses June tax revenue target
The Malawi Revenue Authority (MRA) collected K26.5 billion in June 2013, missing its target by K271 million, the tax revenue…
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Business News
Malawi must encourage NTBs removal—expert
Malawi must encourage the removal of non- tariff barriers (NTBs) in Comesa and Sadc to create seamless trade, an expert…
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Business News
Govt VAT on internet raises rates
Internet service providers have jacked up their tariffs effective July 2013, apparently contradicting government’s argument on the services. Internet service…
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Business News
Comesa signs private sector development pact
The private sector in Eastern and Southern Africa will have a boost following the signing of a development agreement between…
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Business News
NBS presents prize to first Win-a-House Promo winner
NBS Bank on Thursday presented K150 000 prize to Mwatikonda Mbendera , first winner in the on-going Win-a-House Promotion in which the…
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Business News
Maize, rice output to rise by 1.9%
Malawi cereals output—including maize and rice—is projected to increase by 1.9 percent this year however, southern Africa’s total will decline…
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Business News
Interest rates based on tangible economic trends—BAM
The Bankers Association of Malawi (BAM) has said interest rates will decline considerably if the economy achieves tangible gains. BAM…
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Business News
Dulux donates paint to Providence
Dulux Paints Malawi, on Wednesday donated 200 litres of paint worth K320 000, to Providence Girls Secondary School for part of its…
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Business News
Interest rates refusing to fall
IS ECONOMICS DEAD? President Joyce Banda, early this year, possibly based on objective economic analysis and of course to talk…
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Business News
Urban basic needs cost rise 13.2 percent
The average basic needs basket(BNB) in cities—Lilongwe, Zomba, Blantyre and Mzuzu—has risen by 13.2 percent from K90 504 in January…
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Business News
Banks respond to improved liquidity
Banking required reserves—a fraction of commercial bank deposits—rose by about 13 percent to K39.43 billion on July 15, from K34.92…
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Business News
Malawi’s trade with EU, US drops
Malawi’s trade with the European Union (EU) and United States relatively declined between 1996 and 2011, with exports and imports…
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Business News
Malawi-India trade deficit widens to K40bn
Malawi’s trade deficit with India almost doubled to K40.46 billion ($119 million) in 2011 from K23.46 billion ($69 million) in…
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Editors Pick
Interbank rates drop 13.5 percent
Interbank rates have dropped by 13.5 percent from 42.3 percent in mid-April at peak to 28.8 percent in the week…
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Editors Pick
Global GDP cut: How safe is Malawi?
The International Monetary Fund (IMF), in the July 9 economic report titled Growing Pains, has further cut the global economic…
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Business News
Maize prices drop 20 percent
Maize prices dropped by about 20 percent from K105.79 (about $0.26) per kilogramme (Kg) in April to K85.10 per kg…
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Business News
Malawi tobacco prices, volume drop
Malawi tobacco average prices, volume and revenue dropped in the week ending July 5, indicates official data provided by the…
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Business News
MSB donates K3.8m for school block
Malawi Savings Bank (MSB) on Thursday donated K3.8 million (about $9 500) to Help Malawi, towards the construction of school blocks…
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Business News
Malawi slips on policy, institutional assessment
Malawi slipped on Country Policy Institutional Assessment (Cpia)—World Bank annual reports that describe Africa’s quality of policies and institutions underpinning…
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