Business

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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…
Islamic banking or financing, what’s in it?

Islamic banking or financing, what’s in it?

Malawi is for the first time set to formally have a feel of Islamic banking courtesy of FDH Bank plc…
Bad loans on the rise,borrowers struggling

Bad loans on the rise,borrowers struggling

The depressed economic environment characterised by high inflation and interest rates has affected borrowers who are struggling to service their…
Planning commission upbeat despite freddy

Planning commission upbeat despite freddy

National Planning Commission (NPC) says the Malawi 2063 First 10-Year Implementation Plan (MIP-1) targets are still attainable despite the negative…
Cyclone threatens jobs prospects, says Ecam

Cyclone threatens jobs prospects, says Ecam

Employers Consultative Association of Malawi (Ecam) has expressed fear about the outlook for the employment landscape following Tropical Cyclone Freddy…
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