Business

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Firm plans to invest in  macadamia processing

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

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

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

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

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

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

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

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

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

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…
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