Business
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Ecobank Malawi annual profit hits K18.1 billion
April 13, 2023
Ecobank Malawi annual profit hits K18.1 billion
Ecobank Malawi has more than doubled its after-tax profit to K18.1 billion in the year ended December 31 2022 from…
Dairy farmers cry foul, lose markets
April 12, 2023
Dairy farmers cry foul, lose markets
Malawi Milk Producers Association says some dairy farmers in the Central Region are struggling to find a market for their…
Report shows Malawi, 4 others in worst debt crises
April 12, 2023
Report shows Malawi, 4 others in worst debt crises
Malawi is among five African economies with the worst debt crises in 2023, according to an African news platform The…
Fiscal deficit too high—World Bank
April 11, 2023
Fiscal deficit too high—World Bank
The World Bank says Malawi’s fiscal deficit is among the highest in Africa and a key driver of the country’s…
‘Government intervention failsto ignite business growth’
April 11, 2023
‘Government intervention failsto ignite business growth’
Overseas Development Institute (ODI) research fellow Sherillyn Raga says despite the Malawi Government promoting the business and investment environment in…
Sunbird profit up307% to K3.1bn
April 10, 2023
Sunbird profit up307% to K3.1bn
Sunbird Tourism plc has registered a 307 percent profit after tax jump to K3.1 billion driven by improved revenue, published…
Firm outlines Freddy costs on economy
April 10, 2023
Firm outlines Freddy costs on economy
Malawi’s economic landscape faces considerable risks including macro-economic imbalances and elevated debt levels in view of Tropical Cyclone Freddy, local…
Economy to deceralate to 0.7%, says US firm
April 8, 2023
Economy to deceralate to 0.7%, says US firm
A US-based data and research provider Fitch Solutions says Malawi’s economy will decelerate to 0.7 percent this year following the…
Domestic financing under microscope
April 8, 2023
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
April 7, 2023
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…