Business
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‘Renewable energy key to industrialisation’
October 28, 2023
‘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%
October 27, 2023
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
October 27, 2023
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
October 26, 2023
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
October 26, 2023
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
October 26, 2023
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
October 25, 2023
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
October 25, 2023
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
October 25, 2023
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
October 25, 2023
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…