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Business
Covid-19 squeezes tourism counters
Malawi Stock Exchange (MSE)-listed counters in the hospitality sector have registered drop in profits and share prices as a direct…
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Business News
Rising cost of living eats into incomes
The rising cost of food, transport and basic household items are having a knock-off effect on consumers’ incomes, and pushing…
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Business News
RBM report paints gloomy outlook
The Reserve Bank of Malawi (RBM) says the country’s economic outlook is sketchy in view of the rising Covid-19 cases.…
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Business News
World Bank urges caution on debt
Malawi needs a sustainable fiscal policy to reduce debt service costs and create a foundation for macro-stability and growth, the…
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Business News
Private sector cautious as Covid-19 cases rise
As the third wave of the Covid-19 pandemic looms, threatening to push the country into a devastating economic turmoil, because…
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Business News
K32.9bn loans placed under Covid-19 relief
The Reserve Bank of Malawi (RBM) says businesses and individuals have benefitted from commercial banks’ relief on payment of interest…
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Business News
Pains of Kwacha volatility
For businesses operating in Malawi, the tumbling Kwacha has been nothing but a burden and pain as they are grappling with higher…
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Business News
Treasury in K19bn surplus
For the first time in the 2020/21 financial year, Treasury recorded a K19.1 billion surplus in April, a turnaround from…
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Business News
Malawi FDI dropped 88% in 2020—report
Malawi’s foreign direct investment (FDI) registered an 88 percent decline to $98 million (about K7.74 billion) in 2020, a recent…
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Business News
RBM gets tough on pension defaulters
The Reserve Bank of Malawi (RBM) has given employers 21 days to settle their pension contribution arrears or face court…
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Business News
Money supply jumps 24.2% in Q1
The annual growth rate of broad money supply (M2) accelerated to 24.2 percent in the first quarter (Q1) of 2021…
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Business News
Miner unveils rutile deposits at Kasiya
Australian Stock Exchange (ACX)-listed Sovereign Metals Limited has unveiled rutile deposits in Kasiya, Lilongwe, which the company says is one…
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Front Page
Malawi faces 358mw deficit
Malawi now faces a 358 megawatts (MW) power generation deficit following the commissioning of the 19.1MW Tedzani IV Hydro Power…
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Business News
CFTC takes on traders
The Cmpetition and Fair Trading Commission (CFTC) has warned of stiff penalties against business entities making ‘unjustified’ price increases of…
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Business News
Employers cautious On proposed budget
Employers Consultative Association of Malawi (Ecam) has described the proposed 2021/22 fiscal plan as over-ambitious as the economy is still…
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Business News
MSE raises K11bn in May
The Malawi Stock Exchange (MSE) registered an increase in trading activity in May when 496.2 million shares changed hands in…
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Business News
Malawi trade balance up 6% in 2020
Malawi’s merchandise trade balance soured by seven percent last year to $2.05 billion (about K1.56 trillion) from $1.9 billion (about…
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Business News
Energy enterprises under liquidity threat
Parastatals in the energy portfolio are under liquidity threat due to increasing debtors, a situation that could potentially impact on…
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Business News
MCTU, CfSC speak on new Paye brackets
Malawi Congress of Trade Unions (MCTU) and Centre for Social Concern (CfSC) have hailed the two new Pay As You…
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Business News
Tobacco sales raise $67m in six weeks
Malawi has realised $67.6 million (about K53 billion) from tobacco in six weeks of sales, figures from market operator, AHL…
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