Business

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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…
Finance minister upbeat on MRA tax collection

Finance minister upbeat on MRA tax collection

Minister of Finance and Economic Affairs Simplex Chithyola Banda has expressed optimism that Malawi Revenue Authority (MRA) has the capacity…
Firms express fear over fertiliser deficit

Firms express fear over fertiliser deficit

Fertiliser Association of Malawi says the country is unlikely to import fertiliser surpassing about 300 000 metric tonnes (MT) this…
AfDB dares procurement professionals to uphold ethics

AfDB dares procurement professionals to uphold ethics

The African Development Bank (AfDB) has urged procurement professionals to uphold the tenets of their profession by desisting from engaging…
Mixed views on RBM’s New forex measure

Mixed views on RBM’s New forex measure

The Reserve Bank of Malawi (RBM) and some local exporters have differed on a new directive to stop holders of…
Chapter 1 Sacco donate power backup to Mwanza Hospital

Chapter 1 Sacco donate power backup to Mwanza Hospital

As part of the International Credit Union Day celebration, Savings and Credit Cooperatives (Sacco) in the southern region also known…
World bank raises red flag on forex scarcity

World bank raises red flag on forex scarcity

The World Bank says severe and persistent shortages of foreign exchange (forex) continue to subdue growth and threaten efforts to…
Escom courts businesses to invest in energy sector

Escom courts businesses to invest in energy sector

Electricity Supply Corporation of Malawi (Escom) Limited has urged local businesses to attend and explore opportunities at the upcoming energy…
Court backs NBM in delayed reversals case

Court backs NBM in delayed reversals case

The High Court of Malawi has ruled in favour of National Bank of Malawi (NBM) plc in an appeal case…
Sacco assets hit K66 billion

Sacco assets hit K66 billion

Savings and Credit Cooperatives (Saccos) in the country have accumulated K66 billion in assets, thereby giving opportunities to more Malawians…
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