Business
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SPC dangles incentives to woo agri-investors
May 10, 2024
SPC dangles incentives to woo agri-investors
Secretary to the President and Cabinet (SPC) Colleen Zamba on Tuesday pitched incentives, including tax holidays, to potential investors in…
MCCCI urges preferential monetary policy stance
May 10, 2024
MCCCI urges preferential monetary policy stance
At a time the Reserve Bank of Malawi (RBM) continues to maintain a tight monetary policy stance to curb inflation,…
Malawians worse off past 5 years—report
May 9, 2024
Malawians worse off past 5 years—report
The proportion of Malawians who lack financial resources and essentials for a desirable minimum standard of living has deteriorated in…
Low crop output to affect exports—RBM
May 9, 2024
Low crop output to affect exports—RBM
The Reserve Bank of Malawi (RBM) has projected low export performance this year due to subdued agricultural output. In its…
Producing for import substitution
May 8, 2024
Producing for import substitution
Despite years of efforts to enhance import substitution, Malawi seems to be making no headway. Demand for imported products continues…
Commercial banks raise base lending rate to 25%
May 8, 2024
Commercial banks raise base lending rate to 25%
Commercial banks have raised reference rate or the base lending rate by 10 basis points to 25 percent following Reserve…
Proposed EDF, Maiic merger faces review
May 8, 2024
Proposed EDF, Maiic merger faces review
The Reserve Bank of Malawi (RBM) and Treasury say they are yet to decide on an International Monetary Fund (IMF)…
NBM eyes two more regional acquisitions
May 8, 2024
NBM eyes two more regional acquisitions
National Bank of Malawi (NBM) plc says it is planning on two more acquisitions in Zambia and Mozambique in the…
ATM strategy faces us test
May 7, 2024
ATM strategy faces us test
Malawi needs to get out of the poverty trap. But it can only do so with increased investment from investors…
Gold prices fluctuate,EDF blames smuggling
May 7, 2024
Gold prices fluctuate,EDF blames smuggling
Export Development Fund (EDF), a subsidiary of the Reserve Bank of Malawi (RBM), says most of the country’s gold is…