Business

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Impact of AI on local businesses, economy

Impact of AI on local businesses, economy

Artificial Intelligence (AI) continues to change the way businesses are being conducted. While AI offers significant opportunities for innovation and…
Impact of AI on local businesses, economy

Impact of AI on local businesses, economy

Artificial Intelligence (AI) continues to change the way businesses are being conducted. While AI offers significant opportunities for innovation and…
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…
Local firms in credit squeeze

Local firms in credit squeeze

Businesses are expected to experience a reduction in availability of loans as most banks plan to tighten credit standards and…
Economic woes dampen insurance liquidity—report

Economic woes dampen insurance liquidity—report

The country’s economic challenges continue to affect the insurance sector’s liquidity as players struggle to access premiums from customers who…
 Kwacha devaluation erodes k2.5tn pensions

 Kwacha devaluation erodes k2.5tn pensions

 The Reserve Bank of Malawi (RBM) says the weakening of the kwacha coupled with high inflation rate is eroding the…
Malawi firms beckoned to Africa’s trade fair in Algeria

Malawi firms beckoned to Africa’s trade fair in Algeria

Export-Import Bank (Afreximbank) executive vice-president for Intra-African Trade Bank, Kanayo Awani, has encouraged African firms including those from Malawi to…
Trade deficit narrows 39.6% to K225bn—RBM

Trade deficit narrows 39.6% to K225bn—RBM

Malawi’s trade deficit narrowed by 39.6 percent to $128.5 million (about K225 billion) in February 2024 from $184.8 million (K323…
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…
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