Business
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Fund increases loans portfolio for councils
September 8, 2023
Fund increases loans portfolio for councils
The Development Fund for Local Authorities (Dfla) says it has increased its loan portfolio from K220 million in 2017 to…
FCB pumps K3 million into Blantyre Police CCTV project
September 7, 2023
FCB pumps K3 million into Blantyre Police CCTV project
First Capital Bank (FCB) on Thursday donated K3 million to Blantyre Police Station for the installation of closed-circuit television (CCTV)…
Ecobank Malawi moves topromote intra-Africa trade
September 7, 2023
Ecobank Malawi moves topromote intra-Africa trade
Ecobank Malawi has unveiled what is called Ecobank Single Market Trade Hub as part of its commitment to promoting intra-African…
Tourism industry limps to recovery
September 7, 2023
Tourism industry limps to recovery
Malawi is yet to resume realising positive multiplier effects from the tourism sector three years after Covid-19 knocked it down,…
Cost of borrowing rises as banks hike reference rate
September 6, 2023
Cost of borrowing rises as banks hike reference rate
Businesses and consumers already struggling with high interest rates will face continued pressure as commercial banks have raised the reference…
Firm engages CFTC on bottled water determination
September 6, 2023
Firm engages CFTC on bottled water determination
Zamm Investments, manufacturers of Cool Drop bottled water, has petitioned the Competition and Fair-Trading Commission (CFTC) to seek clarification on…
IMF laments impact of climate change
September 6, 2023
IMF laments impact of climate change
The International Monetary Fund (IMF) has warned that the negative impact of climate change could affect Malawi’s growth prospects, gross…
Mwaiwathu Hospital sponsors Icam meet
September 5, 2023
Mwaiwathu Hospital sponsors Icam meet
Mwaiwathu Private Hospital has contributed K3 million to support the Institute of Chartered Accountants in Malawi (Icam) during its forthcoming…
Low-cost financing keyto agribusinesses’ growth
September 5, 2023
Low-cost financing keyto agribusinesses’ growth
Stakeholders in the agricultural sector say access to low-cost financing and collaborations between agricultural cooperatives and financing institutions are key…
Economic shocks impact social protection—UN
September 5, 2023
Economic shocks impact social protection—UN
Increasing shocks are mounting pressures on the country’s social protection programmes, whose coverage remains inadequate to alleviate the vulnerabilities of…