Business
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Take care on public finance management
July 25, 2024
Take care on public finance management
Public finance management (PFM) is one of the catchphrases that dominate conversations on the economy and government funds in general.…
Limestone, aggregate, coal output up 99%—chamber
July 25, 2024
Limestone, aggregate, coal output up 99%—chamber
Aggregate, limestone and coal have continued to dominate the country’s mineral production, accounting for 99 percent of total output in…
Govt mining firm in 79% funding deficit
July 25, 2024
Govt mining firm in 79% funding deficit
The National Mining Investment and Development Corporation faces a 79 percent funding deficit following Treasury’s decision to allocate just K2.5…
Excise tax stamp ill-timed—firms
July 24, 2024
Excise tax stamp ill-timed—firms
Businesses have said they will have no choice but to pass on the cost of excise tax stamps to consumers,…
Tourism investments on decline—report
July 24, 2024
Tourism investments on decline—report
Capital investment by industries directly involved in travel and tourism has been on the decline despite efforts to incentivise developments…
Malawi’s trade in COMESA falls
July 23, 2024
Malawi’s trade in COMESA falls
Malawi’s trade with the 21-member Common Market for Eastern and Southern Africa (Comesa) is falling, a situation attributed to lack…
Banks in K265bn profit in 2023
July 22, 2024
Banks in K265bn profit in 2023
The country’s commercial banks posted a cumulative profit of K265 billion in 2023 and showed resilience to economic shocks by…
Failed digital transactions at less than 1%, says RBM
July 22, 2024
Failed digital transactions at less than 1%, says RBM
The Reserve Bank of Malawi (RBM) says failed transactions on digital payment platforms represent one percent of total transactions, observing…
Centenary Bank partners Habitat for Humanity to build houses for cyclone survivors
July 20, 2024
Centenary Bank partners Habitat for Humanity to build houses for cyclone survivors
Centenary Bank Limited has partnered Habitat for Humanity in Malawi to build houses for Cyclone Freddy survivors in Mulanje District.…
MSE tobacco earnings hit $377.6 million
July 20, 2024
MSE tobacco earnings hit $377.6 million
This year’s Tobacco selling season has come to the final phase with Mzuzu Market expected to close on August 2…