Business
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World Bank sees widened fiscal deficit
October 22, 2022
World Bank sees widened fiscal deficit
T he World Bank has projected the country’s fiscal deficit at 10 percent of the gross domestic product (GDP), countering…
Banks lead share price gain on MSE
October 21, 2022
Banks lead share price gain on MSE
The 16-counter Malawi Stock Exchange (MSE) has recorded a mixed performance with stocks in the banking sector dominating share price…
Teveta moves to boost vocational skills training
October 20, 2022
Teveta moves to boost vocational skills training
Technical, Entrepreneurial and Vocational Education Training (Tevet) Authority has rolled out a mobile Tevet programme to take vocational training to…
Standard Bank says China offers good export market
October 20, 2022
Standard Bank says China offers good export market
Standard Bank Malawi plc chief executive officer Phillip Madinga says China’s growing demand for non-traditional commodities is a “low hanging…
Investment in energy critical to MW2063 success
October 20, 2022
Investment in energy critical to MW2063 success
To many Malawian electricity consumers, having uninterrupted supply in a 24-hour cycle is a cause for celebration and at the…
Rising commodity prices fuelling deficit—report
October 20, 2022
Rising commodity prices fuelling deficit—report
The poor performance of exports in Malawi amid elevated global prices for most key commodities is putting pressure on the…
MSE simplifies SMEs entry on market
October 20, 2022
MSE simplifies SMEs entry on market
Malawi Stock Exchange (MSE) has simplified the Enterprise and Development Growth Exchange (EDGEx), formerly Alternative Capital Market, to ease access…
Lilongwe Archdiocese buys stake in bank
October 19, 2022
Lilongwe Archdiocese buys stake in bank
The Catholic Archdiocese of Lilongwe has partnered with Centenary Rural Development Group Limited of Uganda to buy 100 percent shareholding…
‘Parastatals financial performance down’
October 19, 2022
‘Parastatals financial performance down’
Ministry of Finance and Economic Affairs has said despite commercial State-Owned Enterprises (SoEs) being market-oriented entities, the number of loss-making…
Council plans to issue bonds, RBM impressed
October 18, 2022
Council plans to issue bonds, RBM impressed
The Reserve Bank of Malawi (RBM) says it is impressed with Nkhotakota District Council’s plans to issue municipal bonds to…