Business

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Banks 2022 profits soar

Banks 2022 profits soar

Malawi Stock Exchange (MSE)-listed commercial banks profits for the year ended December 31 2022, have significantly increased, despite a subdued…
RBM woos SMEs to cheaper loans

RBM woos SMEs to cheaper loans

Reserve Bank of Malawi (RBM) says it wants more micro, small and medium enterprises (MSMEs) to access cheaper loans offered…
Digital economy planfalls short on targets

Digital economy planfalls short on targets

The five-year Malawi Digital Economy Strategy seems to be failing to meet some of its objectives to help reduce cost…
Coca-Cola aids Cyclone Freddy survivors in Malawi, Mozambique

Coca-Cola aids Cyclone Freddy survivors in Malawi, Mozambique

The Coca-Cola Foundation (TCCF) has donated $200 000 (about K207 million) to Care International to support efforts to mitigate the…
Think-tank speaks on monetary policy stance

Think-tank speaks on monetary policy stance

The Economist Intelligence Unit (EIU) has urged the Reserve Bank of Malawi (RBM) to consider no further adjustments in monetary…
Cotton output, ginners shrink

Cotton output, ginners shrink

Developments in the cotton sector do not seem to inspire confidence in terms of growth as both cotton ginners and…
Balance tourism hype with action on the ground

Balance tourism hype with action on the ground

Ministry of Tourism this week hosted the Fourth Edition of the Malawi International Tourism Expo at the Bingu International Convention…
Tobbacco processors donates K62m relief items Fredy survivors

Tobbacco processors donates K62m relief items Fredy survivors

Tobacco Processors Association (TPA) of Malawi has donated relief items worth $60 000 (about K62 million) to Cyclone Freddy survivors…
Comesa Business Council assesses digital payments

Comesa Business Council assesses digital payments

Common Market for Eastern and Southern Africa (Comesa) Business Council says the Malawi’s digital payments infrastructure is fairly ripe for…
Agoa trade window uptake high—study

Agoa trade window uptake high—study

Malawi is among 18 countries in Africa that have adequately utilised the Africa Growth and Opportunity Act (Agoa) trade window…
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