Business

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MSE opens year on good note

MSE opens year on good note

The 16-counter Malawi Stock Exchange (MSE) has started the year on a good note as reflected in the jump in…
Food price rise set to bite hard

Food price rise set to bite hard

Malawians in the low-income bracket should brace up for increased food prices this year as the World Bank says this…
 Economic climate dampens job market

 Economic climate dampens job market

 The International Labour Organisation (ILO) says unemployment in Malawi and other low-income countries in Africa is expected to rise this…
Fertiliser re-exports rising, figures show

Fertiliser re-exports rising, figures show

 Malawi’s fertiliser re-exports volumes are steadily rising, moving by 97 percent over a six-year period from 3 600 metric tonnes…
Treasury fails to meet debt target

Treasury fails to meet debt target

Government says it failed to meet the target it sought to borrow from the domestic market in the 2021/22 fiscal…
Personal loans on upward spiral

Personal loans on upward spiral

Community, social and personal loans are fast rising, accounting for the largest stock of outstanding private sector credit at 34.3…
Unima needs K28bn to address accommodation woes

Unima needs K28bn to address accommodation woes

University of Malawi (Unima) has conceded facing multiple crises of students’ accommodation, teaching space and staff shortages as students’ hostels…
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…
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