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RBM raises liquidity reserve requirement ratio to 10%

RBM raises liquidity reserve requirement ratio to 10%

The Reserve Bank of Malawi (RBM) has raised the liquidity reserve requirement (LRR) ratio for domestic deposits to 10 percent…
BHL shareholders urged to subscribe to rights shares

BHL shareholders urged to subscribe to rights shares

Blantyre Hotels Limited (BHL) plc shareholders have been encouraged to subscribe to their offer of rights shares to avoid having…
Illovo’s scrap metals decision irks smes

Illovo’s scrap metals decision irks smes

Small and Medium Enterprises (SMEs) have expressed concern with Illovo Sugar Malawi plc’s decision to start dealing with recycling companies…
 Processors ponder importing tobacco

 Processors ponder importing tobacco

 Tobacco processing and buying companies say they would consider importing the leaf from neighbouring countries to meet supply gaps in…
World Bank pledges support to restore economic stability

World Bank pledges support to restore economic stability

 In the face of high inflation, rising fiscal deficits and low foreign exchange reserves, the World Bank says it is…
LOTUS unlocks finances for kayelekera restart

LOTUS unlocks finances for kayelekera restart

New onwers of Kayelekera Uranium Mine in Karonga, Lotus Resources Limited have raised $66.9 million (K117 billion) through the first…
IMF advises on sustainable reforms, public support

IMF advises on sustainable reforms, public support

The International Monetary Fund (IMF) says governments across the world can strengthen public support for challenging reforms by investing in…
Politicking with fuel prices turns back to haunt Mera

Politicking with fuel prices turns back to haunt Mera

 In the thick of yet another episode of fuel scarcity in the country now in its fourth week and counting,…
 Farmers uncertain of buyers’ demand

 Farmers uncertain of buyers’ demand

 Tobacco buyers have put demand for this season’s crop at 213 million kilogrammes (kg), a feat Tama Farmers Trust says…
Buy Malawi Strategy to undergo review

Buy Malawi Strategy to undergo review

The Buy Malawi Strategy, a government programme designed to promote consumption of locally produced goods and services, is expected to…
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