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Minister touts progress on debt restructuring

Minister touts progress on debt restructuring

Minister of Finance and Economic Affairs Sosten Gwengwe says Treasury has made progress in its bid to restructure external debt…
Budget to focus on quick wins—minister

Budget to focus on quick wins—minister

Minister of Finance and Economic Affairs Sosten Gwengwe says the 2023/24 National Budget will focus on quick wins in sectors…
Economic shocks to spill over to 2023, says MCCCI

Economic shocks to spill over to 2023, says MCCCI

Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says the impact of the shocks businesses faced in 2022 will…
 Malawi fails to meet demand for wheat

 Malawi fails to meet demand for wheat

 Malawi has continued to fail to meet market demand for wheat, with output averaging 0.5 percent of the estimated annual…
Escom told to revise 99% tariff proposal

Escom told to revise 99% tariff proposal

 Malawi Energy Regulatory Authority (Mera) has asked Electricity Supply Corporation of Malawi (Escom) to revise the application for its proposed…
Lower donor pay-outs hit 2022/23 fiscal plan

Lower donor pay-outs hit 2022/23 fiscal plan

Treasury says lower disbursements of grants from both foreign governments and internal organisations resulted in reduced activities planned for the…
Firm sees current account narrowing

Firm sees current account narrowing

Malawi’s current account deficit may narrow moderately this year, as exports are expected to improve despite an elevated import bill,…
Mejn calls for fiscal prudence in next budget

Mejn calls for fiscal prudence in next budget

Malawi Economic Justice Network (Mejn) has urged Treasury to exercise fiscal discipline in the forthcoming budget if the country is…
Inflation rate averages 20.5 percent in 11 months

Inflation rate averages 20.5 percent in 11 months

Malawi’s year-on-year headline inflation rate for 11 months to December 2022 has averaged 20.54 percent,  according to a Business News…
Tighten belts as ‘Canaan’ is still out of sight

Tighten belts as ‘Canaan’ is still out of sight

If you are able to read this, then you have made it into 2023. I wish you a belated happy…
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