Business
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Report shows Malawi, 4 others in worst debt crises
April 12, 2023
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
April 11, 2023
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’
April 11, 2023
‘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
April 10, 2023
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
April 10, 2023
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
April 8, 2023
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
April 8, 2023
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
April 7, 2023
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
April 7, 2023
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
April 7, 2023
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…