Business
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Minister lobbies for support in energy sector
June 18, 2023
Minister lobbies for support in energy sector
Minister of Energy Ibrahim Matola has asked for financial support from the Indian Government towards green and clean energy in…
World bank tips on Interest rates, debt
June 17, 2023
World bank tips on Interest rates, debt
The World Bank says rising interest rates and debt financing and borrowing are increasingly reducing fiscal space for development spending…
Hope rises on remittances
June 17, 2023
Hope rises on remittances
Officially recorded remittance flows to low- and middle-income countries (LMICs), including Malawi, are estimated to grow this year as economic…
Local maize traders turn to Mozambique
June 16, 2023
Local maize traders turn to Mozambique
The International Food Policy Research Institute (Ifpri) says Malawian maize traders have started informally importing the staple grain from Mozambique…
Stick to annual borrowing plan, experts tell Treasury
June 16, 2023
Stick to annual borrowing plan, experts tell Treasury
Financial and economic experts have urged government to stick to its Annual Borrowing Plan regardless of the external pressures, saying…
Parastatals need radical reforms to perform
June 15, 2023
Parastatals need radical reforms to perform
Performance of parastatals or statutory corporations recently dominated headlines after Minister of Finance and Economic Affairs Sosten Gwengwe made public…
RBM study backs inflation targeting
June 15, 2023
RBM study backs inflation targeting
A study by the Reserve Bank of Malawi (RBM) to evaluate the practicability of including the exchange rate as one…
Forex losses hit 2 telecoms firms
June 15, 2023
Forex losses hit 2 telecoms firms
After-tax profits for two Malawi Stock Exchange-listed telecommunications firms continue being eroded by the continued weakening of the kwacha. In…
Nico Holdings ponders listing Nico Life on MSE
June 14, 2023
Nico Holdings ponders listing Nico Life on MSE
Nico Holdings plc says it is pondering listing its subsidiary Nico Life Insurance Company Limited on the 16-counter Malawi Stock…
No impact on cost of living decline
June 14, 2023
No impact on cost of living decline
The recent decline in maize prices and a drop in the cost of living have failed to translate into welfare…