Business

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Inflation rate averages  28.2% in 11 months—NSO

Inflation rate averages  28.2% in 11 months—NSO

Malawi’s year-on-year headline inflation rate for 11 months to November 2023 has averaged 28.2 percent, Business News calculations based on…
Construction industry players call for ‘radical’ approach

Construction industry players call for ‘radical’ approach

Players in the construction industry have called for a radical change to give enough space to local contractors and utilise…
Trade restrictions undermining growth—World Bank

Trade restrictions undermining growth—World Bank

The trade and industrial policies the government set up to boost exports are undermining the country’s capacity to leverage exports…
Consumer loans rise, businesses struggle

Consumer loans rise, businesses struggle

Consumer loans continue taking a huge chunk of private sector credit, occupying about 38.2 percent of total loans to the…
Fourth-quarter opens with K46 billion deficit

Fourth-quarter opens with K46 billion deficit

Government has opened the fourth-quarter of 2023 with a fiscal deficit of K46.4 billion, representing a 30 percent jump from…
Pressure on Kwacha eases

Pressure on Kwacha eases

Almost a month after the Reserve Bank of Malawi (RBM) devalued the kwacha by 44 percent, the spread between official…
Industrial output up 8.8%, tobacco major boost—NSO

Industrial output up 8.8%, tobacco major boost—NSO

Malawi’s industrial production, the volume of output generated by industrial sectors, increased by an average of 8.8 percent between 2021…
Standard Bank says open discussion key to growth

Standard Bank says open discussion key to growth

Standard Bank Malawi plc chief executive Phillip Madinga says creating a forum for dialogue and open discussion is the bank’s…
 Glitches in debt restructuring

 Glitches in debt restructuring

Malawi’s debt restructuring negotiations, which covers one-third of the country’s K6.62 trillion external debt, will unlikely produce meaningful results in…
Times are hard, but the spirit of Christmas lives

Times are hard, but the spirit of Christmas lives

I am writing this piece with five days to Christmas Day, December 25th. I must confess that until last Sunday…
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