Business

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Trade defict rises 4% in9 months, data shows

Trade defict rises 4% in9 months, data shows

 Malawi’s trade deficit in the year to September this year has jumped to $1.7 billion (about K2.8 trillion), a development…
Cooking oil prices hit consumers hard

Cooking oil prices hit consumers hard

Consumers continue to feel the pinch of rising cooking oil prices, with manufacturers attributing it to soaring soy beans prices,…
Industry says digital insurance to enhance efficiency

Industry says digital insurance to enhance efficiency

 Insurance Association of Malawi says the digital motor vehicle insurance certificate is expected to improve efficiency as all general insurance…
Budget in K679bn defict in 6 months

Budget in K679bn defict in 6 months

Reserve Bank of Malawi data shows that government’s budget operations recorded a K679.4 billion deficit in the first half of…
Minister says data initiative to empower policy makers

Minister says data initiative to empower policy makers

Minister of Finance an Economic Affairs Simplex Chithyola Banda says a data initiative launched in Lilongwe on Friday will empower…
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…
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