Business
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Firm plans to invest in macadamia processing
January 3, 2024
Firm plans to invest in macadamia processing
Local firm Gala Investments plans to invest $20 million (about K34 billion) in macadamia nuts cracking machine to support the…
Treasury spends K426bn in interest payments in 7 months
January 2, 2024
Treasury spends K426bn in interest payments in 7 months
Treasury has spent K426.49 billion on interest payments on debt in the first seven months of this fiscal year, which…
Mwapata urges boost in social safety nets
January 2, 2024
Mwapata urges boost in social safety nets
Mwapata Institute, an independent agricultural policy think-tank, has recommended increasing the scope of social safety nets to protect vulnerable farmers…
Mixed prospects for firms in 2023
January 1, 2024
Mixed prospects for firms in 2023
Malawi Stock Exchange (MSE)-listed firms are poised to finish the year on a good note, with the exception of those…
Fiscal performance came under spotlight
December 31, 2023
Fiscal performance came under spotlight
When former minister of Finance and Economic Affairs Sosten Gwengwe presented his budget statement before Parliament at the onset of…
RBM touts payment system for trade facilitation
December 31, 2023
RBM touts payment system for trade facilitation
The Reserve Bank of Malawi (RBM) says the Pan-African Payment and Settlement System (Paps) will enhance Malawi’s participation in global…
Poor finance dents property ownership
December 29, 2023
Poor finance dents property ownership
Lack of access to housing finance remains a major obstacle to home ownership in Malawi, a country which has 59…
2023: Bad year for cotton farmers, sector
December 29, 2023
2023: Bad year for cotton farmers, sector
The cotton sector, once touted as one of the country’s top export earners, had a tough season this year. Although…
RBM joins pan-African payment system
December 28, 2023
RBM joins pan-African payment system
The Reserve Bank of Malawi (RBM) has become the fourth African central bank this year to join the Pan-African Payment…
Curtain falls on 2023, hoping for a better 2024
December 28, 2023
Curtain falls on 2023, hoping for a better 2024
In under four days, the curtain will fall down on 2023 and mark the dawn of a brand New Year…