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Minister urges NBM Development Bank to support SMEs

Minister urges NBM Development Bank to support SMEs

Minister of Finance and Economic Affairs Sosten Gwengwe has challenged National Bank of Malawi (NBM) Development Bank to do more…
Job market shrinks

Job market shrinks

For over three months now, Shamus Tembo has been failing to provide for his nine-member household. He has no job…
Islamic banking or financing, what’s in it?

Islamic banking or financing, what’s in it?

Malawi is for the first time set to formally have a feel of Islamic banking courtesy of FDH Bank plc…
Bad loans on the rise,borrowers struggling

Bad loans on the rise,borrowers struggling

The depressed economic environment characterised by high inflation and interest rates has affected borrowers who are struggling to service their…
Planning commission upbeat despite freddy

Planning commission upbeat despite freddy

National Planning Commission (NPC) says the Malawi 2063 First 10-Year Implementation Plan (MIP-1) targets are still attainable despite the negative…
Cyclone threatens jobs prospects, says Ecam

Cyclone threatens jobs prospects, says Ecam

Employers Consultative Association of Malawi (Ecam) has expressed fear about the outlook for the employment landscape following Tropical Cyclone Freddy…
Malawi faces huge economichurdles, financing needs—IMF

Malawi faces huge economichurdles, financing needs—IMF

The International Monetary Fund (IMF) says Malawi and other low-income countries continue to face huge economic challenges and financing needs.…
Informal maize exports rising

Informal maize exports rising

Informal maize exports are on the rise triggered by high demand and prices of the staple grain in neighbouring countries,…
Weak kwacha, prices push up import bill

Weak kwacha, prices push up import bill

The combined effects of a weak kwacha and rising global prices have continued to increase the country’s import bill, thereby…
FDH Bank to introduce Islamic banking window

FDH Bank to introduce Islamic banking window

FDH Bank plc says it will soon roll out an Islamic banking window in response to demand for the service…
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