Business

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K5bn disbursed for winter cropping

K5bn disbursed for winter cropping

The State-owned microfinance enterprise, National Economic Empowerment Fund (NEEF), says it has disbursed K5 billion in agricultural loans in the…
High global interest rates to affect debt servicing—World Bank

High global interest rates to affect debt servicing—World Bank

The World Bank has warned that if high global interest rates are prolonged it will be difficult for Sub Sahara…
Tobacco continues to dominate exports

Tobacco continues to dominate exports

For over a decade since the country launched an export diversification drive to boost exports and reduce concentration risk with…
Jiya targets to grow NBM profit to $100m

Jiya targets to grow NBM profit to $100m

National Bank of Malawi (NBM) plc newly appointed chief executive officer Harold Jiya says he is well-prepared for the job…
 Delayed mining pacts to cost Malawi $1bn

 Delayed mining pacts to cost Malawi $1bn

 The Malawi Chamber of Mines and Energy says the mining sector has the potential to generate about $1 billion (about…
Rare earth recycling won’t affect industry—experts

Rare earth recycling won’t affect industry—experts

 Malawi’s rare earth projects will not significantly suffer from Mkango Resources Limited’s breakthrough to produce rare earth carbonates through recycling…
60 years of moving in circles, poverty

60 years of moving in circles, poverty

 During the celebration of our country’s 59th Independence Anniversary in 2023, I titled my Business Unpacked submission published in the…
Banking sector drives stock market in H1

Banking sector drives stock market in H1

Strong performance of the banking sector has driven the Malawi Stock Exchange (MSE) to close the first half positively as…
‘Air link key to Malawi tourism’

‘Air link key to Malawi tourism’

The World Bank says Malawi remains an under-the-radar destination in the Southern Africa region despite tourism offering positive returns in…
Firm to start hauling fuel to Lilongwe this month

Firm to start hauling fuel to Lilongwe this month

Nacala Logistics, a concessionaire that operates the country’s railway infrastructure, has unveiled plans to start hauling fuel apart from the…
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