Business

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Cost of borrowing rises as banks hike reference rate

Cost of borrowing rises as banks hike reference rate

Businesses and consumers already struggling with high interest rates will face continued pressure as commercial banks have raised the reference…
Firm engages CFTC on bottled water determination

Firm engages CFTC on bottled water determination

Zamm Investments, manufacturers of Cool Drop bottled water, has petitioned the Competition and Fair-Trading Commission (CFTC) to seek clarification on…
IMF laments impact of climate change

IMF laments impact of climate change

The International Monetary Fund (IMF) has warned that the negative impact of climate change could affect Malawi’s growth prospects, gross…
Mwaiwathu Hospital sponsors Icam meet

Mwaiwathu Hospital sponsors Icam meet

Mwaiwathu Private Hospital has contributed K3 million to support the Institute of Chartered Accountants in Malawi (Icam) during its forthcoming…
Low-cost financing keyto agribusinesses’ growth

Low-cost financing keyto agribusinesses’ growth

Stakeholders in the agricultural sector say access to low-cost financing and collaborations between agricultural cooperatives and financing institutions are key…
Economic shocks impact social protection—UN

Economic shocks impact social protection—UN

Increasing shocks are mounting pressures on the country’s social protection programmes, whose coverage remains inadequate to alleviate the vulnerabilities of…
BHL strategises on business growth

BHL strategises on business growth

Blantyre Hotels Limited (BHL) says growth and recovery plan post-Covid-19 is on the right  track buoyed by a number of…
Luanar, Illovo in maize production project

Luanar, Illovo in maize production project

Lilongwe University of Agriculture and Natural Resources (Luanar) has partnered Illovo Sugar (Malawi) plc to produce maize under irrigation at…
Diversification, innovation key to wealth creation—Dzombe

Diversification, innovation key to wealth creation—Dzombe

Philanthropist and business mogul Napoleon Dzombe has challenged businesses to diversify, innovate and plan ahead, saying that is key to…
Malawi set to host global vocational education, training meet

Malawi set to host global vocational education, training meet

Malawi is set to host the 2023 International Vocation Education and Training Association (Iveta) World in November this year in…
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