Business
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Ministry awaits communication on soya beans import ban
December 26, 2023
Ministry awaits communication on soya beans import ban
The Ministry of Trade and Industry says it has not received official communication from the Tanzanian Government on the presence …
More questions on sugar firm
December 26, 2023
More questions on sugar firm
Barely weeks after a forensic audit revealed massive fraud at Salima Sugar Company Limited, Ministry of Finance and Economic Affairs…
Redirect wage resources—bank
December 26, 2023
Redirect wage resources—bank
The World Bank has advised the Malawi Government to redirect its resources from the public wage bill to “more productive”…
Firms seek long-term measures to forex crisis
December 25, 2023
Firms seek long-term measures to forex crisis
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has called for long-term solutions to foreign exchange challenges, saying that…
Consumers cautioned on festive season spending
December 25, 2023
Consumers cautioned on festive season spending
Consumers Association of Malawi (Cama) has urged consumers to spend prudently and refrain from activities that will deplete their incomes…
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…