Business
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UK development aid to Malawi up 207%
August 4, 2023
UK development aid to Malawi up 207%
The United Kingdom’s (UK) Official Development Assistance (ODA) to Malawi is expected to increase by 207 percent to £51 million…
Economists caution on continued borrowing
August 4, 2023
Economists caution on continued borrowing
Economists have urged government to tread carefully on its continued external borrowing, saying there is need to ensure borrowing for…
Protecting the value of money in volatile economy
August 3, 2023
Protecting the value of money in volatile economy
Saving for a rainy day is hard enough when salaries and wages have not kept abreast with the inflation rate.…
RBM says monetary policy to remain tight
August 3, 2023
RBM says monetary policy to remain tight
The Reserve Bank of Malawi (RBM) says monetary policy, a key driver of interest rates on loans, will remain tightened…
Maize prices up amid dwindling income
August 3, 2023
Maize prices up amid dwindling income
Maize prices have continued to escalate amid dwindling incomes, making lives difficult for most low wage earners. Published data from…
Forex shortage pushes up local cement prices
August 2, 2023
Forex shortage pushes up local cement prices
Consumers are being forced to pay about K19 000 per 50 kilogramme (kg) bag of cement, which is K7 000…
Govt urges increased trade with Morocco
August 2, 2023
Govt urges increased trade with Morocco
Minister of Foreign Affairs Nancy Tembo says the Malawi Government intends to increase trade with Morocco through exports of sugar,…
Capital market not fully utilised—RBM
August 1, 2023
Capital market not fully utilised—RBM
The Reserve Bank of Malawi (RBM) has urged local businesses to tap from the local shares market and embrace the…
AfDB projects 2023economic growth at 2%
July 31, 2023
AfDB projects 2023economic growth at 2%
The African Development Bank (AfDB) has projected that Malawi’s economy will grow by two percent in 2023, a rebound from…
Centenary Bank on recovery path, profit jumps 201%
July 31, 2023
Centenary Bank on recovery path, profit jumps 201%
Centenary Bank Limited says it is on a recovery path with key indicators showing positive signs as the bank has…