Business

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Banks trim cost of borrowing to 20.8%

Banks trim cost of borrowing to 20.8%

Commercial banks in the country have reduced their lending rates to 20.80 percent from 22.40 percent, the fourth consecutive time…
Govt sticks to levies amid fuel price hike backlash

Govt sticks to levies amid fuel price hike backlash

Malawi Government has stuck to fuel levies in the fuel price build-up amid increasing calls from opposition parties, civil society…
Forex reserves in slight jump—RBM

Forex reserves in slight jump—RBM

Malawi’s foreign exchange reserves have risen to $608.9 million (about K1.1 trillion), equivalent to 2.4 months of import cover at…
K240bn unpaid loans cloud Medf rebrand

K240bn unpaid loans cloud Medf rebrand

The Malawi Enterprise Development Fund (Medf) has rebranded from National Economic Empowerment Fund (Neef) with a renewed strategy to drive…
Swift Courier rolls out relocation, grocery delivery services

Swift Courier rolls out relocation, grocery delivery services

Swift Courier Service has introduced inter-city relocation and food and grocery delivery services to meet growing demand for convenience. The…
FDH Bank annual profit doubles to K147.8bn

FDH Bank annual profit doubles to K147.8bn

FDH Bank plc has reported strong financial performance for the year ended December 31 2025, with profit after-tax more than…
Pension Fund trustees fault RBM

Pension Fund trustees fault RBM

Embattled Public Service Pension Trust Fund trustees have faulted Reserve Bank of Malawi (RBM) Governor George Partridge for fining them…
National single window key to unlocking trade

National single window key to unlocking trade

Malawi is on the cusp of fully operationalising the National Single Window (NSW). This flagship digital reform is designed to…
When the thin cow is squeezed dry to guard own plate

When the thin cow is squeezed dry to guard own plate

Tuesday, March 31 2026, was one of those rare occasions in Parliament when members of Parliament (MPs) from both sides…
Sovereign wealth fund edges closer

Sovereign wealth fund edges closer

Plans to roll out a Sovereign Wealth Fund (SWF) anchored on mining revenues have moved a step closer after stakeholders…
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