Business

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Tobacco sales open, price hits $3 per kg

Tobacco sales open, price hits $3 per kg

The 2024 Tobacco Marketing Season officially opened on Monday at Chinkhoma Floors in Kasungu District with the price of the…
March inflation rate drops to 31.8%, food prices ease

March inflation rate drops to 31.8%, food prices ease

Malawi’s year-on-year headline inflation rate for March 2024 declined by 1.7 percentage points to 31.8 percent from 33.5 percent due…
Medium-term inflation rate target difficult, says Fimda

Medium-term inflation rate target difficult, says Fimda

Financial Market Dealers Association (Fimda) has cast doubt on the authorities’ desire to achieve medium-term inflation target of six percent,…
Tourism sector has potential—minister

Tourism sector has potential—minister

Minister of Tourism Vera Kamtukule says Malawi has a huge opportunity to tap from the hidden treasures that lie in…
IPPS to miss 2024 deadline

IPPS to miss 2024 deadline

All Independent Power Producers (IPPs) with planned operational date of 2023/24 will miss the deadline as authorities say apart from…
Analysts tip govt on job-creation

Analysts tip govt on job-creation

Economic analysts have urged government to prioritise job-creation, as opposed to labour exports, to create a pathway for long-term sustainable…
Our standards ensure safety of consumers—MBS

Our standards ensure safety of consumers—MBS

The Malawi Bureau of Standards (MBS) says its mandate does not involve production processes of companies, stressing that producers need…
 Services sector growth outpaces agriculture

 Services sector growth outpaces agriculture

 The services sector is registering the fastest annual growth of 1.8 percent, aaccording to an analysis, a situation commentators say…
World Bank slashes Malawi’s economic growth rate to 2%

World Bank slashes Malawi’s economic growth rate to 2%

 The World Bank has slashed Malawi’s economic growth rate for 2024 to two percent from an earlier projection of 2.8…
Make the national budget do the magic

Make the national budget do the magic

Now that dust has settled after Parliament passed the K5.9 trillion 2024/25 National Budget and the subsequent Appropriations Bill that…
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