Business

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Report shows Malawi, 4 others in worst debt crises

Report shows Malawi, 4 others in worst debt crises

Malawi is among five African economies with the worst debt crises in 2023, according to an African news platform The…
Fiscal deficit too high—World Bank

Fiscal deficit too high—World Bank

The World Bank says Malawi’s fiscal deficit is among the highest in Africa and a key driver of the country’s…
‘Government intervention failsto ignite business growth’

‘Government intervention failsto ignite business growth’

Overseas Development Institute (ODI) research fellow Sherillyn Raga says despite the Malawi Government promoting the business and investment environment in…
Sunbird profit up307% to K3.1bn

Sunbird profit up307% to K3.1bn

Sunbird Tourism plc has registered a 307 percent profit after tax jump to K3.1 billion driven by improved revenue, published…
Firm outlines Freddy costs on economy

Firm outlines Freddy costs on economy

Malawi’s economic landscape faces considerable risks including macro-economic imbalances and elevated debt levels in view of Tropical Cyclone Freddy, local…
Economy to deceralate to 0.7%, says US firm

Economy to deceralate to 0.7%, says US firm

A US-based data and research provider Fitch Solutions says Malawi’s economy will decelerate to 0.7 percent this year following the…
Domestic financing under microscope

Domestic financing under microscope

Malawi’s productive sectors are failing to grow as financial institutions prefer financing other sectors, an investment and advisory firm has…
Banks maintain reference rate

Banks maintain reference rate

Commercial banks have maintained the reference rate, an interest rate benchmark, at 17.3 percent for April, published statements show. At…
Sunbird to manage Kalipano Country Resort in Dowa

Sunbird to manage Kalipano Country Resort in Dowa

Sunbird Tourism plc has signed a management agreement with Mtalimanja Holdings to manage newly built Kalipano Country Resort in Dowa…
Match policies to tame prices—IMF

Match policies to tame prices—IMF

The International Monetary Fund (IMF) has urged authorities to match fiscal and monetary policies, observing that the two variables can…
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