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Fund increases loans portfolio for councils

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

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

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

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

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

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

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

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

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

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…
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