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Inflation eroding consumers’ savings, say economic experts

Inflation eroding consumers’ savings, say economic experts

 Consumers are losing out money on their deposits in the long-term as the spread between the inflation rate and savings…
Tearful farewell for 24 accident victims

Tearful farewell for 24 accident victims

Hundreds of mourners yesterday bade a tearful farewell to 24 people killed in a road accident at Tenende in Karonga…
FDH Bank to introduce Islamic banking window

FDH Bank to introduce Islamic banking window

FDH Bank plc says it will soon roll out an Islamic banking window in response to demand for the service…
AfDB, Coda partner on illicit financial flows

AfDB, Coda partner on illicit financial flows

The African Development Bank and the Coalition for Dialogue on Africa (Coda) have launched a three-year support project to improve…
Subdued economy sinks stock market

Subdued economy sinks stock market

Malawi Stock Exchange (MSE) firms performed poorly in the first half (H1) of this year dampened by the current subdued…
CSOs push for solutions to charcoal-energy crisis

CSOs push for solutions to charcoal-energy crisis

Civil Society Organisations (CSOs) in the environmental sector have urged authorities to take immediate action to address the charcoal-energy crisis…
Mangochi residents welcome Goshen City investment

Mangochi residents welcome Goshen City investment

Forum for Social Economic Development of Mangochi (Fosema) has thrown its weight behind Goshen City, Prophet Shepherd Bushiri’s investment in…
AfDB sees public debt on the rise

AfDB sees public debt on the rise

The African Development Bank (AfDB) has projected that the country’s public debt-to-gross domestic product (GDP) ratio will widen to 64.3…
Kwacha fall hits telecoms firms

Kwacha fall hits telecoms firms

The continued depreciation of the kwacha has not spared players in the telecommunications industry as their annual profits have been…
RBM sceptical on growth prospects

RBM sceptical on growth prospects

The Reserve Bank of Malawi (RBM) has cast doubts on this year’s growth projection owing to a number of downside…
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