Business
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Illovo under CFTC watch
June 10, 2023
Illovo under CFTC watch
The Competition and Fair Trading Commission (CFTC) says it is yet to make determinations on some cases it has been…
Economists warn budget implementation under threat
June 9, 2023
Economists warn budget implementation under threat
Economic analysts have cautioned that implementing the 2023/24 National Budget could be compromised after the World Bank trimmed Malawi’s growth…
TNM set to fire Some employees
June 9, 2023
TNM set to fire Some employees
S ome employees at TNM plc are expected to lose their jobs as the Malawi Stock Exchange-listed firm has engaged…
Mitc hopeful of boosting exports, to enter China
June 9, 2023
Mitc hopeful of boosting exports, to enter China
Malawi Investment and Trade Centre (Mitc) says it is working to have the country sign trade protocols with China to…
Why kwacha devaluation wasn’t the solution
June 8, 2023
Why kwacha devaluation wasn’t the solution
May 27 this year marked exactly one year since the Reserve Bank of Malawi (RBM) devalued the kwacha by 25…
Banks extend k2.5TN credit to govt in Q1
June 8, 2023
Banks extend k2.5TN credit to govt in Q1
Data from the Reserve Bank of Malawi (RBM) shows that commercial banks extended K2.5 trillion credit to the Malawi Government…
RBM banks on mining to spur economic growth
June 8, 2023
RBM banks on mining to spur economic growth
The Reserve Bank of Malawi says a rebound in the mining sector powered by the formalisation of artisanal mining and…
Malawi, Tanzania move to ease trade, curb smuggling
June 7, 2023
Malawi, Tanzania move to ease trade, curb smuggling
Malawi and Tanzania have launched an electronic data exchange system interface to enable verification of quantities, valuation, origin and tariffs…
Treasury seeks cheaper debt financing model
June 7, 2023
Treasury seeks cheaper debt financing model
Ministry of Finance and Economic Affairs says it wants to improve existing vulnerabilities of the country’s debt portfolio by diversifying…
Economy at risk of downturn—economists
June 6, 2023
Economy at risk of downturn—economists
Economic experts have cautioned that the local economy is at risk of an economic downturn after the Reserve Bank of…