Business
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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…
Policy rate intact, inflation risky—RBM
May 6, 2024
Policy rate intact, inflation risky—RBM
The Reserve Bank of Malawi (RBM) has maintained the policy rate at 26 percent, but says the country’s inflation, which…
Former governor unveils 7-point recovery plan
May 6, 2024
Former governor unveils 7-point recovery plan
Former Reserve Bank of Malawi (RBM) governor Dalitso Kabambe has proposed a seven-point plan to turn around the country’s economic…
Admarc buys K1.7billion grain-dryer
May 4, 2024
Admarc buys K1.7billion grain-dryer
State-owned produce marketer Agricultural Development and Marketing Corporation (Admarc) limited is set to buy a grain-drying system from a Chinese…
Centre fears for rising sugar prices
May 3, 2024
Centre fears for rising sugar prices
The Centre for Social Concern (CfSC) says the recent 15 percent sugar price hike will have an impact on living…
National payments system in mixed fortunes—RBM
May 3, 2024
National payments system in mixed fortunes—RBM
The Reserve Bank of Malawi (RBM) says the national payments system recorded mixed fortunes in second half of 2023 with…
Some listed firms See gloomy 2024
May 2, 2024
Some listed firms See gloomy 2024
Some Malawi Stock Exchange (MSE)-listed firms are bracing for a challenging year due to mounting pressure on the economy characterised…
We have talked enough about mining, tourism
May 2, 2024
We have talked enough about mining, tourism
This week started on a good note for the Ministry of Tourism and the Ministry of Mining as they emerged…
Tobacco raises K64bn in 2 weeks—TC report
May 2, 2024
Tobacco raises K64bn in 2 weeks—TC report
Revenue from tobacco has risen to $37 million (about K64.7 billion) from 14 million kilogrammes (kg) of the leaf sold…