Business
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High commodity prices worsen trade balance
August 2, 2022
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
August 2, 2022
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
August 1, 2022
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
August 1, 2022
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
July 31, 2022
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
July 29, 2022
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
July 28, 2022
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
July 28, 2022
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
July 28, 2022
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
July 28, 2022
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…