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Bankers justify raise in banking charges

Bankers justify raise in banking charges

Bankers Association of Malawi (BAM), a grouping of the country’s eight commercial banks, has justified the raise in banking tariffs,…
Flagship projects funding falls short

Flagship projects funding falls short

Ministry of Finance and Economic Affairs has raised K22.48 billion in local currency infrastructure development bond,  which is 55 percent…
Forex reserves continue to shrink, data shows

Forex reserves continue to shrink, data shows

The country’s foreign exchange reserves continue to shrink, with latest figures from the Reserve Bank of Malawi (RBM) showing a…
Consumer complaints rise by 30% in 2022

Consumer complaints rise by 30% in 2022

The retail sector trading in consumables, electronics and accessories topped the list of consumer complaints lodged to the Competition and…
Clean energy can cut demand for fuel wood by 40%—firm

Clean energy can cut demand for fuel wood by 40%—firm

A local bio technology firm Pioneer Bio Digesters Malawi says the country can cut demand for firewood and charcoal by…
Home financing under spotlight

Home financing under spotlight

The number of mortgages offered by five of the country’s commercial banks dropped last year amid escalating bad loans and…
FDH Bank partners Joyce Banda Foundation to ease access to finance

FDH Bank partners Joyce Banda Foundation to ease access to finance

FDH Bank plc and Women in Marketing Activities and Initiatives (Mwai) have signed a five-year strategic partnership that will provide…
Bridgepath spells out growth risks

Bridgepath spells out growth risks

Macroeconomic imbalances, inadequate power and weather-related shocks pose threats to the country’s economic growth, local investment firm Bridgepath Capital Limited…
Growing fears over power supply targets

Growing fears over power supply targets

Energy expert Grain Malunga says government’s decision to dissolve Power Market Limited (PML) and transfer the single buyer licence to…
MSE traded value, volume up in 2022

MSE traded value, volume up in 2022

(MSE) recorded an increase in both traded value and volume in 2022, registering a 36.74 percent positive return on investment,…
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