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Business News
FMBCH upbeat, assures of continued growth
FMB Capital Holdings (FMBCH) plc, the holding company for First Capital Bank operations in Africa, has expressed optimism on registering…
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Business News
Inflation hits 29.2%, food prices blamed
Malawi’s year-on-year headline inflation rate continues to rise and hit a 10-year high of 29.2 percent in May pushed up…
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Front Page
Kwacha auction pegs dollar rate at K1063
Results of the foreign exchange auction held on Monday left the Reserve Bank of Malawi (RBM) and authorised dealer banks…
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Business News
Mixed fortunes for fertiliser industry
Fertiliser Association of Malawi says local firms are failing to benefit from the declining global prices and low demand for…
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Business News
Nitl moves to de-risk,to invest in more firms
Malawi Stock Exchange (MSE)-listed collective investment scheme National Investment Trust (Nitl) plc has moved to de-risk to grow its business…
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Business News
MIP-1 implementation facing glitches—NPC
The National Planning Commission (NPC) says the attainment of development aspirations in the First 10-year Implementation Plan (MIP-1) is moving…
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Business News
World bank tips on Interest rates, debt
The World Bank says rising interest rates and debt financing and borrowing are increasingly reducing fiscal space for development spending…
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Front Page
Sugar price tussle sours
Battle lines have been drawn between Illovo Sugar (Malawi) plc and Ministry of Trade and Industry over pricing, with the…
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Business News
RBM study backs inflation targeting
A study by the Reserve Bank of Malawi (RBM) to evaluate the practicability of including the exchange rate as one…
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Business News
Nico Holdings ponders listing Nico Life on MSE
Nico Holdings plc says it is pondering listing its subsidiary Nico Life Insurance Company Limited on the 16-counter Malawi Stock…
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Front Page
Will barter bring butter?
Foreign aid flew away. Its wings powered by governance vices. Corruption, public office abuses, weak public finance management are some…
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Business News
Illovo under CFTC watch
The Competition and Fair Trading Commission (CFTC) says it is yet to make determinations on some cases it has been…
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Business News
Banks extend k2.5TN credit to govt in Q1
Data from the Reserve Bank of Malawi (RBM) shows that commercial banks extended K2.5 trillion credit to the Malawi Government…
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Business News
Tobacco prices excite farmers
Tobacco growers have expressed optimism and contentment for better gains this year on the back of consistent rise in tobacco…
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Business News
Financial market dealers speak on forex mismatches
Financial Market Dealers Association of Malawi (Fimda) has warned that unless underlying demand and supply challenges in the forex market…
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Business News
NBM outlines 5-yr growth strategy
National Bank of Malawi (NBM) plc has unveiled a five–year plan to extend its footprint into two other countries in…
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Business News
Forex mismatch widens year after devaluation
One year after the Reserve Bank of Malawi (RBM) devalued the kwacha by 25 percent, misalignments in the foreign exchange…
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Business News
Oil output cut threatens inflation outlook—RBM
Reserve Bank of Malawi (RBM) says the country’s inflation faces a new threat emanating from the recent decision by the…
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Business News
Forex reserves continue to fall
Malawi’s foreign exchange reserves continue to shrink, with latest figures from the Reserve Bank of Malawi (RBM) showing a $54.5…
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Business News
IMF programme mixed on targets
The International Monetary Fund (IMF) says Malawi has met implementation challenges during the first review of the Staff Monitored Programme…
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