Business News
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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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FDH Bank hails strategic focus for exceeding targets
FDH Bank plc board chairperson Charity Mseka says the bank’s success comes from its strategic focus on exceeding targets and…
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Malawi urged to shift from biomass energy
Malawi has been urged to accelerate its shift away from biomass energy, restore degraded landscapes and boost productivity on existing…
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War could push up fuel import bill—UN
Malawi’s fuel import bill could rise by an equivalent of 2.2 percent of gross domestic product (GDP) if oil prices…
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Masm eyes modern health facility to cut foreign referrals
Medical Aid Society of Malawi (Masm) says it is planning to establish a modern specialist hospital as part of efforts…
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Economists find gaps in national recovery plan
The Economics Association of Malawi (Ecama) has warned that the proposed National Economic Recovery Plan (Nerp) may fall short unless…
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