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Business News
Covid-19 knocks listed hospitality sector counters
Effects of the Covid-19 pandemic did not spare Malawi Stock Exchange (MSE)- listed counters in the hospitality sector in the…
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Business News
World bank sees Growth at 3.3%
The World Bank has projected that Malawi’s economy will grow by 3.3 percent this year, which is below the pre-Covid-19…
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Business News
AfDB appoints Malawian to top position
The African Development Bank (AfDB) has appointed a Malawian Kennedy Mbekeani as deputy director general for the southern Africa region,…
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Business News
Kwacha volatility Hit traders hard
For cross border businesses operating in Malawi, the tumbling kwacha has been a burden as they are grappling with higher…
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Business News
AfDB punches holes in Malawi’s energy sector
The African Development Bank (AfDB) has faulted Malawi’s energy sector for lacking accountability and transparency to allow it carry out…
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Business News
Cama decries hike in bank service fees
Consumers Association of Association of Malawi (Cama) has decried the upward adjustment in commercial banks’ service fees, saying this is…
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Business News
Businesses cautious as Covid-19 cases rise
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) and individual businesses say the business environment remains subdued and may…
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Business News
K20.5bn urban cash transfer to roll out
The Ministry of Economic Planning and Development; and Public Sector Reforms says the K20.5 billion urban social cash transfer programme…
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MCCCI wants voluntary tax compliance extended
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has asked for an extension of the Voluntary Tax Compliance Window…
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Business News
Interbank rates down on improved liquidity
The softening of policy rate to 12 percent from 13.5 percent has improved commercial bank’s liquidity levels, resulting in a…
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Business News
‘Reforms crucial for tourism growth’
Malawi Tourism Council (MTC) has asked government to embrace a more resilient economic recovery plan to withstand the effects of…
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Business News
2020: mixed fortunes for Economic indicators
Malawi’s economy was subdued in the ending year, largely in view of the Covid-19 pandemic which wreaked havoc on both…
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Business News
Analysts warn on policy rate impact
Investment analysts have warned that the impact of lower rates on economic recovery and job creation may not be felt…
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Business News
Fimda tips authorities on taming kwacha’s fall
Financial Market Dealers Association (Fimda) has urged monetary authorities to maintain the balance between market supply and demand in the…
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Business News
Current account deficit to widen—Nico Asset
Malawi’s current account deficit is expected to widen in the next two years as imports and global fuel prices continue…
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Business News
Shareholders cry foul over share price fall
Minority shareholders of Malawi Stock Exchange (MSE)-listed firms have expressed worry over share value losses on most counters in 2020,…
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Business News
Money supply situation not inflationary—RBM
The Reserve Bank of Malawi (RBM) has played down fears of a possible inflation surge in view of the current…
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Business News
Bus terminal automation to improve efficiency—council
Blantyre City Council has touted the planned automation and improvement of bus terminals in Limbe and Mibawa in Blantyre, saying…
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Business News
Malawi, SADC trade Gap widens—report
Malawi’s trade with the 16-country Southern Africa Development Community (Sadc) is on the lower side, with figures showing that the…
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Business News
Must delves into power project
Malawi University of Science and Technology (Must) has delved into electricity generation by producing 60 kilowatts (kW) from agricultural wastes…
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