Business

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Calls for more action on preferential treatment

Calls for more action on preferential treatment

Amid concerns that indigenous black businesses are not given preference in government contracts, economist Chinyamata Chipeta says more needs to…
FDH Bank sees annual profit rising to K35bn

FDH Bank sees annual profit rising to K35bn

FDH Bank plc says it expects its profit after-tax for the year ended December 31 2023 to be between K34…
Firm outlines budget risks

Firm outlines budget risks

Investment advisory firm Nico Asset Managers Limited says government faces risks to achieve its target of reducing fiscal deficit in…
US-Africa Business Summit to focus on trade, investment

US-Africa Business Summit to focus on trade, investment

The United States-Africa Business Summit is expected to take place in Dallas, Texas, USA from May 6 to 9 this…
Team work, hard workboost Mudi Sacco surplus

Team work, hard workboost Mudi Sacco surplus

Mudi Savings and Credit Cooperatives (Sacco) has attributed its 94 percent surplus growth in the year ended December 31 2023…
World Bank commits support to social protection initiatives

World Bank commits support to social protection initiatives

The World Bank says it will continue to help Malawi with adaptive social protection initiatives to enhance resilience of vulnerable…
MRA facing hitchesto broaden tax net

MRA facing hitchesto broaden tax net

Malawi Revenue Authority (MRA) efforts to attract the informal sector into the tax net continue to face hurdles as most…
Govt eyes K1tn cut in external debt

Govt eyes K1tn cut in external debt

Malawi could see its external debt declining by about $592 million (K1 trillion) if the country’s proposed debt restructuring strategy…
Minister wants strict enforcement of new minimum wage

Minister wants strict enforcement of new minimum wage

Minister of Labour Agnes NyaLonje yesterday challenged labour inspectors to strictly inspect and enforce compliance to the newly gazette minimum…
IMF lauds progress on economic reforms

IMF lauds progress on economic reforms

International Monetary Fund (IMF) country representative Nelnan Koumtingue has commended the country’s fiscal authorities for the progress made in implementing…
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