Business

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RBM urges EDF to capitalise on financing opportunities

RBM urges EDF to capitalise on financing opportunities

Reserve Bank of Malawi (RBM) deputy governor William Matambo has challenged Export Development Fund (EDF) to solicit investments that can…
Social sector funding drops

Social sector funding drops

The Malawi Government’s combined allocation to social sectors has fallen over a five-year period from 35 percent of total government…
US-based IT firm enters Malawi market, to enhance data security

US-based IT firm enters Malawi market, to enhance data security

United States (US)-based Array Networks Inc has entered the Malawi market through a partnership with local networks and support services…
Parastatals need radical reforms to perform

Parastatals need radical reforms to perform

Performance of parastatals or statutory corporations dominated headlines recently after Minister of Finance and Economic Affairs Sosten Gwengwe made public…
National savings declining, says IMF

National savings declining, says IMF

Malawi’s national savings as a percentage of the gross domestic product (GDP) is projected to decline in the short-term, falling…
Livestock farmers catchhigh maize price cold

Livestock farmers catchhigh maize price cold

Livestock farmers in the country are finding it hard to thrive as maize prices, the main component of livestock feed,…
Shares demand, firms’ Profits boost market

Shares demand, firms’ Profits boost market

Stock market analysts say demand for shares and the good performance of Malawi Stock Exchange (MSE)-listed firms has brought good…
Non–tax revenue rise brings hope—analysts

Non–tax revenue rise brings hope—analysts

The rise in non–tax revenue in the current financial year offers hope for improved revenue collection and budget implementation, analysts…
Mobile money platforms not fully utilised—report

Mobile money platforms not fully utilised—report

Despite notable progress made on mobile money evidenced by the increase in both the volume and value of transactions in…
Subdued business hits property sector

Subdued business hits property sector

Property management firm Icon Properties plc says stifled business confidence continues to hit the retail property sector as tenants struggle…
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