Business
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Treasury records k345bn budget deficit in 4 months
September 29, 2022
Treasury records k345bn budget deficit in 4 months
The Economics Association of Malawi (Ecama) has urged Treasury to control budget deficit as figures show that the fiscal plan…
Tame inflation pressure—IMF
September 29, 2022
Tame inflation pressure—IMF
International Monetary Fund (IMF) has asked authorities to ensure that the monetary policy framework centres on containing direct and second-round…
Credit to private sector picks up
September 28, 2022
Credit to private sector picks up
Credit to the private sector is on the rise with latest figures from the Reserve Bank of Malawi (RBM) showing…
Power outages hit hard dairy farmers
September 28, 2022
Power outages hit hard dairy farmers
Prolonged power outages continue to negatively impact milk producers, with Mangunda Milk Bulking Group in Thyolo District indicating that it…
Forex deficit haunts firms
September 27, 2022
Forex deficit haunts firms
Foreign exchange shortages in Authorised Dealer Banks (ADBs) have forced commercial banks to continue rationing the hard cash, a situation…
Fund says 42% of youths benefit from K43.8bn loans
September 27, 2022
Fund says 42% of youths benefit from K43.8bn loans
National Economic Empowerment Fund (Neef) says 42 percent of the youth have benefited from the K43.8 billion soft loans disbursed…
Commercial banks recall £20, £50 notes
September 26, 2022
Commercial banks recall £20, £50 notes
Local commercial banks have advised Malawians in possession of £20 and £50 banknotes to deposit them with their respective banks…
Lindian Resources to invest K203bn in rare earth mining
September 26, 2022
Lindian Resources to invest K203bn in rare earth mining
Lindian Resource Limited chief executive officer Alistair Stephens says the firm will invest over $200 million (about K203 billion) in…
Monetary policy under spotlight
September 26, 2022
Monetary policy under spotlight
Economic analysts say the lagged effects of the Covid-19 pandemic on the economy, depreciating exchange rate and inflationary pressures call…
Pension defaulting employers under fresh criticism
September 26, 2022
Pension defaulting employers under fresh criticism
NBM Pension Fund, a subsidiary of National Bank of Malawi plc, has condemned institutions not remitting pension, saying they are…