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‘Bad loans hurting microfinance sector’
High levels of non-performing loans (NPLs) and undercapitalisation above the recommended regulatory ceiling of five percent are threatening the country’s…
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Business News
‘Micro-insurance can improve penetration’
Malawi’s insurance sector can benefit more if it improves access to insurance for low-income earners with interventions aimed at addressing…
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Front Page
K8bn loan fund raises eyebrows
Political analysts have questioned the timing of the K8 billion youth and women loan fund launched by President Peter Mutharika,…
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Illovo faulted on pricing, dividends
Illovo Sugar (Malawi) plc shareholders on Thursday took to task their board over alleged over-pricing of sugar on the domestic…
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RBM downplays forex shortage
The Reserve Bank of Malawi (RBM) has downplayed the shortage of foreign exchange in some commercial banks, and described the…
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Business News
Airtel shares jump 41.7% on listing day
The listing of Airtel Malawi plc on Malawi Stock Exchange (MSE) yesterday brought smiles on the faces of shareholders and…
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Business News
Treasury firm on domestic revenue
Faced with the less-than-expected revenue collection in the first-half of the 2019/20 financial year, Treasury has unveiled new measures and…
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Business News
‘Reference rate could decline further’
Commercial bank’s reference rate may moderate to about or below 12 percent in the short-term due to the continued lower…
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Business News
Unclear laws blamed on some tax violations
Lack of clarity of some taxation laws are leading to misinterpretation of texts of some provisions in the Taxation Act,…
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Business News
H1 budget deficit Jumps to k165.7bn
Treasury has recorded a deficit of K165.7 billion or about four percent of gross domestic product (GDP) in the first…
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Business News
Positive earnings news push up stock prices
Stock prices of some counters in the banking and real estate sectors have picked up in anticipation of positive year-end…
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Business News
MBS regional accreditation to enhance trade—officials
Officials have touted the accreditation of Malawi Bureau of Standards (MBS) by Southern African Development Community Accreditation Services (Sadcas) in…
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Business News
Ecam faults treasury On funding priorities
Employers Consultative Association of Malawi (Ecam), a representative body of employers, has faulted Treasury for concentrating on non-developmental sectors in…
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Business News
Energy counts for highest loans to private sector
A composition of private sector credit compiled by the Reserve Bank of Malawi (RBM) shows growth in credit to electricity,…
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Front Page
Banks cautious, but say will open
Commercial banks in the country have indicated that they will open for business today despite the tension brought about by…
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Business News
Experts, industry insiders Press for open air market
As calls for the liberalisation of the Single African Air Transport Market (SAATM) rage on, airline operators and experts in…
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Front Page
RBM maintains policy rate at 13.5%
The Reserve Bank of Malawi (RBM) has maintained the policy rate at 13.5 percent, a move done in view of…
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Business News
New firm dangles shares, seeks 500 000 investors
Malawians have a rare opportunity to own part of Rural Development Investment Initiative Trust (Rudevit), a firm geared to spearhead…
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Business News
Banks struggle with liquidity challenges in 2019
Commercial banks seemingly faced liquidity challenges in the just ended year, resorting to access funds through Lombard Facility from the…
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Business News
Growth risks still persist—NICO asset
Investment advisory firm Nico Asset Managers has warned that economic growth risks still persist due to internal and external shocks.…
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