Business
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Geologist urges govtto boost coal industry
June 20, 2024
Geologist urges govtto boost coal industry
Geologist Grain Malunga has urged the Malawi government to invest in coal exploration and mining to substitute imports, saying the…
Why the same old story of negative trade balance
June 20, 2024
Why the same old story of negative trade balance
For years, Malawi has had strategies aimed at stimulating local production to increase its export base while striving to cut…
Producers decry slow adoption of certified seeds
June 19, 2024
Producers decry slow adoption of certified seeds
Seed Trade Association of Malawi has challenged farmers to adopt the use of certified seeds to boost agriculture output. The…
Foreign exchange reserves upas kwacha slightly appreciates
June 19, 2024
Foreign exchange reserves upas kwacha slightly appreciates
Foreign exchange reserves have improved by $50 million (about K87 billion) in the second quarter of this year to $595.2…
Agro GDP on the decline—report
June 19, 2024
Agro GDP on the decline—report
At a time agriculture contribution to the gross domestic product (GDP) is declining, research shows that there is need to…
Imports drop offsets exports decline—RBM
June 18, 2024
Imports drop offsets exports decline—RBM
Malawi’s agricultural exports faced a setback in April 2024, dropping by $10.1 million (about K18 billion) compared to the previous…
Private sector credit continues to drop, threatens industry
June 18, 2024
Private sector credit continues to drop, threatens industry
Growth in private sector credit has moderated, dropping by 60 basis points to 26.6 percent in April, down from 26.6…
Banks to continue investing in technology infrastructure
June 17, 2024
Banks to continue investing in technology infrastructure
Bankers Association of Malawi (BAM) has said banks will continue to invest in technology to ensure better service delivery. BAM…
RBM for collaborative efforts to curb inflation
June 17, 2024
RBM for collaborative efforts to curb inflation
The Reserve Bank of Malawi (RBM) says it cannot single-handely control the rise in inflation, saying there is need for…
Budget in K156bn deficit in Q1—RBM
June 17, 2024
Budget in K156bn deficit in Q1—RBM
The Ministry of Finance and Economic Affairs has opened the 2024/25 fiscal year with a K156.8 billion deficit, published Reserve…