Business
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IMF in fresh calls for govt to tame domestic borrowing
August 8, 2023
IMF in fresh calls for govt to tame domestic borrowing
The International Monetary Fund (IMF) has advised government to tame its appetite for domestic borrowing from commercial banks, saying the…
Travel agents urged to be resilient to survive
August 8, 2023
Travel agents urged to be resilient to survive
Travel Agents Association of Malawi (Taam) has advised travel agents to work on finding new ways of surviving amid the…
Project boosts small firms’ entrepreneurial capacity
August 8, 2023
Project boosts small firms’ entrepreneurial capacity
Minister of Trade and Industry Simplex Chithyola Banda has hailed the Financial Inclusion and Entrepreneurship Scaling (FInES) project for increasing…
‘Malawi petrol prices among highest in Africa’
August 8, 2023
‘Malawi petrol prices among highest in Africa’
Malawi is among 10 African countries with the highest petrol prices, selling above the global average price of $1.33 (about…
Businesses, consumers rue high interest rates
August 7, 2023
Businesses, consumers rue high interest rates
Businesses and consumers have lamented commercial banks’ move to raise base lending rates to 22.7 percent, saying it will slow…
Diversify export earnings —RBM
August 7, 2023
Diversify export earnings —RBM
The Reserve Bank of Malawi (RBM) has called for the diversification of the country’s economy, particularly on exports earnings to…
RBM sees 2023 inflation at 29.5%
August 5, 2023
RBM sees 2023 inflation at 29.5%
The Reserve Bank of Malawi (RBM) has revised upwards its 2023 inflation rate projection to an average 29.5 percent for…
MSE closes higher in July,up 3.53% report shows
August 5, 2023
MSE closes higher in July,up 3.53% report shows
The 16-counter Malawi Stock Exchange (MSE) registered a positive performance in July, with 10 counters registering share price gains, sending…
UK development aid to Malawi up 207%
August 4, 2023
UK development aid to Malawi up 207%
The United Kingdom’s (UK) Official Development Assistance (ODA) to Malawi is expected to increase by 207 percent to £51 million…
Economists caution on continued borrowing
August 4, 2023
Economists caution on continued borrowing
Economists have urged government to tread carefully on its continued external borrowing, saying there is need to ensure borrowing for…