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Malawi’s destiny in own hands on IMF deal

Malawi’s destiny in own hands on IMF deal

Malawi is desperately seeking a new Extended Credit Facility (ECF) from the International Monetary Fund (IMF) hoping to unlock foreign…
US pledges more energy support

US pledges more energy support

The United States (US) government has described as crucial steps taken by the Malawi Government towards establishing the Mpatamanga Hydro…
Kwacha depreciation, inflation threaten financial stability

Kwacha depreciation, inflation threaten financial stability

The Reserve Bank of Malawi (RBM) says the country’s financial system was vulnerable to macroeconomic risks, including exchange rate depreciation,…
Firm moves to attract power sector investors 

Firm moves to attract power sector investors 

Power Market Limited (PML) says the compilation of the power industry investment opportunities will serve as a window for potential…
Digital financial services usage up in H1—RBM

Digital financial services usage up in H1—RBM

The Reserve Bank of Malawi (RBM) says the use of digital financial services went up in the first half  (H1)…
Consumers lament devaluation impact

Consumers lament devaluation impact

Consumers Association of Malawi (Cama) says people are facing a challenging economic environment in the aftermath of the 25 percent…
Malawi stagnates on development index

Malawi stagnates on development index

T he United Nations Development Programme (UNDP) says human development conditions in Malawi have stagnated over the past two years,…
Households, SMEs caught in debt trap

Households, SMEs caught in debt trap

Households and small-scale businesses are struggling to cope with the cost of living crisis, forcing them to be caught up…
Be innovate, Transport minister dares engineers

Be innovate, Transport minister dares engineers

Minister of Transport and Public Works Jacob Hara has challenged local engineers to be creative to ensure that they are…
K240bn Sudan deal was overambitious—Supplier

K240bn Sudan deal was overambitious—Supplier

Ideal Group, which went into a $240 million (about K240 billion) annual food export deal with Trinity Holdings of South…
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