Business
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Trade defict rises 4% in9 months, data shows
November 12, 2024
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
November 12, 2024
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
November 11, 2024
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
November 11, 2024
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
November 11, 2024
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%
November 10, 2024
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
November 9, 2024
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
November 9, 2024
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
November 8, 2024
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
November 8, 2024
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…