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Business News
Madinga pledges to transform Standard Bank
Standard Bank plc newly appointed chief executive officer (CEO)Phillip Madinga has pledged to take the Malawi Stock Exchange-listed commercial bank…
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National News
Escom effects temporal load shedding
Electricity Supply Corporation of Malawi’s (Escom) says it has effected a temporary load shedding programme due to inadequate power supply…
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Business News
World bank Cautions Malawi
The World Bank has cautioned Malawi government to pay attention to poverty reduction policies such as social cash transfers as…
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Business News
FDH Bank appoints Charity Mseka as board
FDH Bank plc has appointed Charity Mseka as its new board chairperson replacing Arthur Oginga, who recently left the bank.…
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Business News
Consumers take ESCOM to task
Electricity Supply Corporation of Malawi (Escom) customers on Monday took the State-owned utility body to task over unsatisfactory service delivery,…
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Business News
MSMEs in tourism industry dared on standards
Minister of Tourism, Culture and Wildlife Michael Usi has challenged micro, small and medium enterprises (MSMEs) in the tourism sector…
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Business News
Digitisation, covid-19 to shake jobs—report
Digitisation and Covid-19-induced recession are creating a double disruption scenario for workers, the World Economic Forum (WEF) has said in…
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Business News
RBM commends Bridgepath Capital Limited launch
The Reserve Bank of Malawi (RBM) says the coming in of Bridgepath Capital Limited, a new investment management and financial…
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Business News
Budget not consumer friendly, says Cama
Consumers Association of Malawi (Cama) has faulted some government’s priority areas in the 2020/21 financial year, arguing that Treasury ignored…
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Business News
Bad loans surge
High levels of non-performing loans (NPLs) above the recommended regulatory ceiling as a result of reduced economic activity due to…
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Business News
Commission recalls Liqui Fruit Red Grape juice
The Competition and Fair Trading Commission (CFTC) has warned against consumption of Liqui Fruit Red Grape 330 millilitres (ml) cans.…
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Business News
Credit demand soars, shifts to long-term
The Reserve Bank of Malawi (RBM) says the banking sector’s demand for loans and credit lines has increased and shifted…
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Business News
Nico Holdings H1 profit up 5%
Nico Holdings plc has registered a profit after-tax of K7.64 billion in the half year period ended June 2020, a…
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Business News
Thom Mpinganjira hands over mantle at FDH
Business mogul Thomson Mpinganjira has retired from FDH Financial Holdings Limited as chief executive officer effective September 1 2020, the…
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Business News
FDH bank lists on MSE
FDH Bank plc share price jumped by 50 percent to trade at K15 per share on the first day of…
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Business News
Economists hail RBM stance on policy rate
Economists have commended the Reserve Bank of Malawi (RBM) for maintaining the policy rate at 13.5 percent, saying there is…
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Business News
Industry cautions On new goods law
Some industry players have urged government to tread carefully on the operationalised Control of Goods Act, saying if not properly…
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Business News
‘Illegal connections costing Escom money’
Electricity Supply Corporation of Malawi Limited (Escom) says it is losing millions of kwacha in uncollected reveneu due to illegal…
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Business News
Minister courts SMEs in job creation drive
Minister of Labour Ken Kandodo says small and medium enterprises (SMEs) remain key to the country’s economic development and job…
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Business News
Minister outlines job creation plan
Minister of Labour Ken Kandodo says government has come up with a road map for job creation, which includes setting…
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