Business

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Local shoe manufacturer commits to championing local brands

Local shoe manufacturer commits to championing local brands

Joan Footwear founder Annie Chifukemba Msiska has pledged to continue promoting local brands and supporting growth of the country’s manufacturing…
External finance now costlier—UN

External finance now costlier—UN

The United Nations (UN) says developing countries, including Malawi are facing mounting challenges to access affordable external financing amid rising…
Deposit Insurance firm pledges to protect depositors’ money

Deposit Insurance firm pledges to protect depositors’ money

The Deposit Insurance Corporation (DIC) has reaffirmed its commitment to safeguard depositors from loss of their bank deposits in case…
BCC launches city rates digital payment system

BCC launches city rates digital payment system

Blantyre City Council (BCC) has partnered with payment aggregator OneKhusa to allow ratepayers to pay using mobile money, bank apps…
World Bank downgrades Malawi’s growth forecast

World Bank downgrades Malawi’s growth forecast

Malawi’s economic recovery has suffered a blow after the World Bank lowered growth forecast from 2.6 percent to 2.3 percent,…
RBM moves to ensure pension compliance

RBM moves to ensure pension compliance

The Reserve Bank of Malawi (RBM) has said strong collaboration with the Ministry of Labour, Skills and Innovation can help…
Petrol price cut yet to ease costs—employers

Petrol price cut yet to ease costs—employers

Employers Consultative Association of Malawi (Ecam) says the 6.93 percent reduction in petrol prices in May is yet to provide…
Firms urged to embrace AI to boost competitiveness

Firms urged to embrace AI to boost competitiveness

Industry leaders have urged businesses in Malawi, Zambia and Zimbabwe to embrace artificial intelligence (AI), data analytics and customer insight…
Ecama urges IMF deal completion

Ecama urges IMF deal completion

The Economics Association of Malawi (Ecama) has urged the Malawi Government to prioritise completion of any new International Monetary Fund…
PPPC calls for urgency in infrastructure development

PPPC calls for urgency in infrastructure development

The Public Private Partnership Commission (PPPC) has called for urgency in the implementation of infrastructure projects, saying stronger preparation is…
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