Business
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Pressure mounts on kwacha, falls by 3%
March 22, 2024
Pressure mounts on kwacha, falls by 3%
The kwacha has weakened by three percent following a foreign exchange auction the Reserve Bank of Malawi (RBM) conducted on…
SMEs upbeat on design leather studio utilisation
March 22, 2024
SMEs upbeat on design leather studio utilisation
Small and medium enterprises (SMEs) are confident of fully utilising the Leather Design Studio based in Chileka, Blantyre from the…
RBM admits foreign exchange mismatch
March 21, 2024
RBM admits foreign exchange mismatch
The country’s official foreign exchange reserves have continued to fluctuate since November last year when Malawi clinched the four-year International…
Government urged to prioritise economic diversification
March 21, 2024
Government urged to prioritise economic diversification
The Malawi government needs to prioritise diversifying the economy and efficient use of budget resources to put the economy back…
Debt strategy under threat
March 20, 2024
Debt strategy under threat
Treasury’s decision to restructure short-term debt to long-term could be under threat as the unstable macroeconomic environment is pushing investors…
Ministry issues 20 sugar import licences to improve supply
March 20, 2024
Ministry issues 20 sugar import licences to improve supply
Ministry of Trade and Industry has issued 20 licences to local firms to import sugar to address the commodity’s scarcity…
Treasury for diversified road revenue streams
March 19, 2024
Treasury for diversified road revenue streams
Ministry of Finance and Economic Affairs has dared Roads Fund Administration (RFA) to diversify their revenue streams as government strives…
Standard Bank dates investors, outlines future strategic goals
March 19, 2024
Standard Bank dates investors, outlines future strategic goals
Standard Bank plc held an investor forum in Lilongwe yesterday where it outlined its strategic goals that will anchor the…
Inflation rate eases to33.5%, food prices down
March 18, 2024
Inflation rate eases to33.5%, food prices down
Malawi’s year-on-year headline inflation rate for February 2024 eased by 1.5 percentage points to 33.5 percent due to a drop…
Forex drought limits auctions
March 18, 2024
Forex drought limits auctions
Financial Market Dealers Association of Malawi (Fimda) says commercial banks are not participating in the foreign exchange auctions as the…