Business News
-
Medf loan processing period down to 12 days
Malawi Enterprise Development Fund (Medf) has cut its loan processing period from 30 days to 12 days, a move that…
Read More » -
New rules set to counter money laundering, terrorism financing
The Malawi Government has introduced new rules that will enable commercial banks and other financial institutions to use simpler customer…
Read More » -
Govt turns to border revenues to curb borrowing
Minister of Finance, Economic Planning and Decentralisation Joseph Mwanamvekha says the government has turned its attention to raising more revenue…
Read More » -
Tourism rebounds, generates K1.6 trillion
The World Travel and Tourism Council (WTTC) says Malawi’s travel and tourism sector increased its contribution to the economy by…
Read More » -
Tobacco sales season closes on Sept 10—TC
Tobacco Commission (TC) has announced that the 2026 Tobacco Marketing Season will close on September 10, marking 21 weeks since…
Read More » -
Households’ credit jumps to K1 trillion—RBM
Malawians are increasingly turning to bank loans to survive the rising living costs, with the Reserve Bank of Malawi (RBM)…
Read More » -
CDHIB to maintain cautious stance as profit hits K41 billion
CDH Investment Bank (CDHIB) chief executive officer and managing director Thoko Mkavea says the bank will maintain a cautious but…
Read More » -
Inputs delay blamed for cotton production drop
The Cotton Council of Malawi says the drop in the crop’s output this year is due to delays to give…
Read More » -
Forex woes stall digital ambitions
Malawi’s persistent foreign exchange scarcity is choking investment in the telecommunications industry, threatening the rollout of digital infrastructure key to…
Read More » -
SMEs turn to value addition to boost agriculture earnings
Small and medium enterprises (SMEs) in the agriculture sector say value addition is emerging as a key strategy for firms…
Read More »