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National News
IMF cautions Malawi, approves K11.3bn
The International Monetary Fund (IMF) has asked Malawi to advance structural reforms and improve governance and transparency to remain…
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Business News
RBM, banks differ on harmonised ID directive
The Reserve Bank of Malawi (RBM) has denied issuing a directive that customers should use the national IDs as…
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Business News
$1m project to boost export trade along Nacala Corridor
Malawi Investment Trade Centre (Mitc), with a $1 million (about K735 million) grant from African Development Bank (AfDB), has…
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Business News
Prolonged load-shedding, a cost to business—MCCCI
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has described the extended load-shedding hours recently effected by…
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Business News
Increased external debt stock under spotlight
Malawi’s increasing external debt stock continues to come under the spotlight with fresh figures from the World Bank report…
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Business News
Escom explores alternative power supply sources
As the country continues to reel from the persistent power shortages, Electricity Supply Corporation of Malawi (Escom) has announced it…
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Front Page
Escom paints darker energy picture
Electricity Supply Corporation of Malawi (Escom) has painted a gloomy picture for the country’s power situation, stating that the current…
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Business News
Oversupply chocks tobacco market
With just a few weeks before the tobacco marketing season closes, oversupply of the leaf has chocked the auction floors…
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Business News
MCCCI for more investment in agro sector research
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has called for the need to scale up investment in…
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National News
Escom sticks to borrowing from banks
State-owned power utility Electricity Supply Corporation of Malawi (Escom) says it will not abandon its plans to borrow K30…
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Business News
Two firms to add 86mw by Dec 2019
Electricity Supply Corporation of Malawi (Escom) yesterday signed three Power Purchase Agreements (PPAs) with two Independent Power Producers (IPPs)…
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National News
MCCCI urges value addition
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has called for the need for a deliberate strategy to…
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Business News
‘Agro-industrialisation could
Malawi’s economy could transform if agro-industrialisation is taken as a natural stage for structural transformation, Africa Institute of Corporate…
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Business News
Miner completes drill programme
Dual-listed Mkango Resources Limited, a mining firm exploring rare earths at Songwe Hills in Phalombe, says it has…
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Business News
RBM plays down depreciation fears
The Reserve Bank of Malawi (RBM) has downplayed fears of a possible depreciation of the kwacha in the face…
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Business News
RBM maintains stance on inflation target
The Reserve Bank of Malawi (RBM) has maintained the inflation forecast of a single digit this year and five percent…
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Business News
Internal auditors told to be proactive
Reserve Bank of Malawi (RBM) Governor Dalitso Kabambe has challenged internal auditors to be on guard because they play a…
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Business
Rural areas sidelined on financial access—Report
Despite Malawi registering a surge in digital financial services (DFS), penetration of the same is minimal in rural areas,…
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Business News
CFTC settles unjust trading cases, fines Castel
The Competition and Fair Trading Commission (CFTC) has resolved cases relating to unfair trading practices, anti-competitive business conducts and…
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Business News
Credit, liquidity risk hit local banks—RBM
A stress test by the Reserve Bank of Malawi (RBM) on the country’s nine commercial banks has found that…
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