Business

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Businesses, consumers frown at bank’s forex directive

Businesses, consumers frown at bank’s forex directive

Businesses and consumers have expressed disapproval with a new foreign exchange measure introduced by commercial banks to remove pre-approved forex…
2024 was tough year for borrowers, consumers

2024 was tough year for borrowers, consumers

The year 2024 was one of the toughest for businesses and consumers and getting a loan from financial institutions was…
Private sector urges speed in Morocco fertiliser trials

Private sector urges speed in Morocco fertiliser trials

Private sector representatives have urged the Malawi Government to speed up fertiliser trials for OCP Africa, a Moroccan company which…
RBM, MITC hail firms’ regional expansion

RBM, MITC hail firms’ regional expansion

The Reserve Bank of Malawi (RBM) and Malawi Investment and Trade Centre (Mitc) have commended local companies’ investment in regional…
Salima Sugar Company plans to boost output

Salima Sugar Company plans to boost output

Salima Sugar Company has unveiled plans to boost sugar output this year to flood the local and regional markets. The…
Tobacco growers speak

Tobacco growers speak

Tama Farmers Trust, a body representing tobacco growers’ interests, has noted increasing production costs due to the need for irrigation…
Real estate recovers from covid-19 effects

Real estate recovers from covid-19 effects

The real estate sector registered a remarkable recovery from Covid -19 in 2024 as rental growth averaged 20 percent, which…
Global partnerships could signal economic renewal

Global partnerships could signal economic renewal

The year just gone, 2024, has been pivotal for Malawi, marked by renewed international collaborations aimed at tackling the country’s…
FDH Bank closes in on regional bank

FDH Bank closes in on regional bank

F DH Bank plc says it is in the process of acquiring a controlling stake in one of the commercial…
MSE market capitalisation jumps 56% in 2024

MSE market capitalisation jumps 56% in 2024

The 16-counter Malawi Stock Exchange (MSE) market capitalisation in 2024 increased by 56 percent and registered a 55 percent return…
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