Business
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Cisanet fears for weakening kwacha
September 9, 2023
Cisanet fears for weakening kwacha
Civil Society Agricultural Network (Cisanet) says the continued depreciation of the kwacha against the US dollar will negatively affect the…
Pension arrears hit K31.1 billion
September 8, 2023
Pension arrears hit K31.1 billion
Timely remittance of pension contributions remains a challenge for employers with K31.1 billion in pension contribution arrears still outstanding as…
National Bank urges vendors to trade in exportable products
September 8, 2023
National Bank urges vendors to trade in exportable products
National Bank of Malawi plc says the country can have enough foreign exchange if business owners produce and trade exportable…
Fund increases loans portfolio for councils
September 8, 2023
Fund increases loans portfolio for councils
The Development Fund for Local Authorities (Dfla) says it has increased its loan portfolio from K220 million in 2017 to…
FCB pumps K3 million into Blantyre Police CCTV project
September 7, 2023
FCB pumps K3 million into Blantyre Police CCTV project
First Capital Bank (FCB) on Thursday donated K3 million to Blantyre Police Station for the installation of closed-circuit television (CCTV)…
Ecobank Malawi moves topromote intra-Africa trade
September 7, 2023
Ecobank Malawi moves topromote intra-Africa trade
Ecobank Malawi has unveiled what is called Ecobank Single Market Trade Hub as part of its commitment to promoting intra-African…
Tourism industry limps to recovery
September 7, 2023
Tourism industry limps to recovery
Malawi is yet to resume realising positive multiplier effects from the tourism sector three years after Covid-19 knocked it down,…
Cost of borrowing rises as banks hike reference rate
September 6, 2023
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
September 6, 2023
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
September 6, 2023
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…