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High commodity prices worsen trade balance

High commodity prices worsen trade balance

The Reserve Bank of Malawi (RBM) says the war between Russia and Ukraine continues to hit the domestic economy as…
Consumers hit at govt over maize price hike

Consumers hit at govt over maize price hike

Consumers Association of Malawi (Cama) has expressed displeasure over government’s decision to raise minimum selling price of maize by 46…
Teveta courts private sector on partnerships

Teveta courts private sector on partnerships

Technical, Entrepreneurial and Vocational Education and Training Authority (Teveta) executive director Elwin Sichiola has urged the private sector to collaborate…
Tourism jobs tumble 

Tourism jobs tumble 

Malawi tourism sector’s contribution to employment has declined from 7.7 percent before the Covid-19 pandemic to 2.2 percent, published African…
RBM slashes 2022 growth forecast

RBM slashes 2022 growth forecast

T he Reserve Bank of Malawi (RBM) has revised downwards the 2022 growth projection from 3.9 percent to 1.7 percent.…
MBS continues to fight illegal scales use

MBS continues to fight illegal scales use

Malawi Bureau of Standards (MBS) says the use of illegal weighing scales in local markets has dropped, thanks to intensified…
Economic recession and multidimensional poverty 

Economic recession and multidimensional poverty 

The current economic meltdown has threatened the world economy as some pessimists fear that another economic recession is at hand.…
Malawi can do better on Agoa, other initiatives

Malawi can do better on Agoa, other initiatives

It is 22 years since Malawi became one of 40 sub-Saharan African countries privileged to have duty-free access to the…
Tax contribution to budget on the decline, figures show

Tax contribution to budget on the decline, figures show

The proportion of the domestic budget funded by domestic taxes has continued to decline in the recent past, a situation…
Inflation on the prowl 

Inflation on the prowl 

The monster that is the country’s runaway inflation continues to devour households and firms earnings, with consumers fearing that their…
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