Business

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‘Government intervention failsto ignite business growth’

‘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

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

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

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

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

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

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

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…
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…
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