Business News
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Domestic coffee prices drop 24%
Prices of coffee have fallen by 23.8 percent at the start of this year’s selling season, with data showing that…
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Lindian secures heavy rare earth feedstock
Lindian Resources Limited, an Australian Stock Exchange (ASX)-listed owner of Kangankunde Rare Earth Project, in Balaka has secured exclusive access…
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Industry contests 60% of fair-trade cases
Sixty percent of determinations made under the updated Competition and Fair Trading Act (CFTA) are being challenged in court, a…
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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…
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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…
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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…
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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…
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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…
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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)…
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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…
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