Business
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Inflation rate averages 28.2% in 11 months—NSO
December 25, 2023
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
December 24, 2023
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
December 23, 2023
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
December 23, 2023
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
December 22, 2023
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
December 22, 2023
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
December 22, 2023
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
December 21, 2023
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
December 21, 2023
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
December 21, 2023
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…