Business

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Minister decries proliferation of counterfeit products

Minister decries proliferation of counterfeit products

Minister of Trade and Industry Sosten Gwengwe has decried the continued proliferation of counterfeit and smuggled products on the local…
Rainbow Paints support marketers conference

Rainbow Paints support marketers conference

Rainbow Paints last week donated K2 million to the Institute of Marketers in Malawi (IMM) in support of their annual…
‘Renewable energy key to industrialisation’

‘Renewable energy key to industrialisation’

 Renewable Energy Association of Malawi (Reama) vice-president Diliza Nyasulu says investments in renewable energy sources are key to achieving the…
RBM maintains policy rate at 24%

RBM maintains policy rate at 24%

The Reserve Bank of Malawi (RBM) has today maintained the policy rate, a key driver of interest rates on loans,…
 Forex crisis dampens investment prospects

 Forex crisis dampens investment prospects

 The continued shortage of foreign exchange has started dampening Malawi’s potential to woo investors with the 2023 Absa Africa Financial…
Let’s roll up sleeves, add value to commodities

Let’s roll up sleeves, add value to commodities

Despite several initiatives such as the National Export Strategy and the gospel of value addition and diversification, Malawi continues to…
Nocma forges pipeline deal

Nocma forges pipeline deal

National Oil Company of Malawi (Nocma) has reached a tentative deal to start transporting fuel out of Beira Port through…
Treasury in K324bn budget deficit

Treasury in K324bn budget deficit

Five months into the 2023/24 financial year, government has recorded a K324 billion deficit, prompting economists to urge strong measures…
MCCCI woos businesses, consumers to farmers’ markets

MCCCI woos businesses, consumers to farmers’ markets

The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has urged local businesses and consumers to patronise its upcoming…
Policies fail to curb commodity dependency

Policies fail to curb commodity dependency

Malawi is yet to transition  from overdependence on unprocessed goods for the export market, a development which increases its vulnerability…
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