Business News
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AfDB flags Malawi’s economic hurdles
Malawi continues to face significant macroeconomic challenges despite progress in governance and democracy, with the African Development Bank (AfDB) citing…
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Macokasa wants kabaza under cooperatives
The Malawi Coalition of Kabaza Associations (Macokasa) says it plans to change motorcycle taxi (Kabaza) operating model towards cooperatives to…
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Maize price fluctuations beyond SGR role—study
Malawi’s strategic grain reserves (SGRs) are failing to effectively smooth maize price fluctuations due to several factors, including ill -timing…
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MCCCI pushes for forex rate reset
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has proposed a phased exchange rate unification programme to attain a…
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NBM targets growth through diversity
Malawi Stock Exchange-listed National Bank of Malawi (NBM) plc has highlighted focus on innovation, efficiency and regional expansion as key…
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Industry gains fail to deliver jobs—report
Malawi has recorded modest gains in industrialisation over the past five years, but the sector continues to struggle to generate…
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Small businesses cherish trade fair deals, network
Some local businesses say economic recovery will depend on how quickly industries move from showcasing their products to striking deals…
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Smedco seeks to diversify into microfinance
Small and Medium Enterprises Development Corporation (Smedco) has announced plans to establish a microfinance institution to expand its mandate and…
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Reducing currency spread not inflationary, says Ifpri
The International Food Policy Research Institute (Ifpri) says reducing the spread between the official and parallel market rates cannot be…
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Miner finds new niobium deposits
Australian Stock Exchange-listed exploration firm Chilwa Minerals Limited says it has discovered further niobium deposits south of Nakombe River in…
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