Business

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Agro output on downward spiral

Agro output on downward spiral

 The agriculture, forestry and fishing sector, which is considered the backbone of the Malawi economy, has registered subdued growth in…
 Slow women reforms Worry world bank

 Slow women reforms Worry world bank

 The World Bank says the global pace of reforms toward equal treatment of women under the law has slumped to…
RBM says new MyBucks shareholders have satisfied conditions

RBM says new MyBucks shareholders have satisfied conditions

Bank to change name to Centenary Bank Limited The Reserve Bank of Malawi (RBM) says Centenary Rural Development Group Limited…
Project to electrify 200 000 households, rolls out March

Project to electrify 200 000 households, rolls out March

Ministry of Energy says about 200 000 households are expected to benefit from the World Bank-funded Malawi Electricity Access Project…
RBM project dangles K87bn loan facility

RBM project dangles K87bn loan facility

Local small and medium enterprises (SMEs) have an opportunity to access an $86 million (about K87 billion) loan facility through…
Standard Bank after-tax profit up 58%, beats expectations

Standard Bank after-tax profit up 58%, beats expectations

Standard Bank plc yesterday reported a 58 percent rise in after-tax profit for the year ended December 31 2022 driven…
A glimpse at the new Pension Act

A glimpse at the new Pension Act

On March 1 2023, the new Pension Act came into force replacing the old Pension Act, which was passed just…
Debt relief should mark turning point to prosperity

Debt relief should mark turning point to prosperity

To Malawi and 35 other countries, the most refreshing news and perfect New Year gift should be the indication from…
Budget offers no hope for the poor

Budget offers no hope for the poor

For over two years, sugarcane seller Gift Mika is yet to see any change for the better. At the start…
Polymed Sacco posts K133 million surplus

Polymed Sacco posts K133 million surplus

Polymed Savings and Credit Cooperative (Sacco) has more than doubled its surplus to K133 million in the year ended December…
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