Business

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Businesses see prices rising, more pressure on economy

Businesses see prices rising, more pressure on economy

Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has warned that despite easing prices, foreign exchange shortages, elevated non-food…
Sovereign Metals seeks mining licence

Sovereign Metals seeks mining licence

Sovereign Metals Limited, the owner of Kasiya Rutile and Graphite project in Lilongwe says it is waiting for government to…
Coffee prices jump by 200% to K21 000/kg, says Camal

Coffee prices jump by 200% to K21 000/kg, says Camal

The Coffee Association of Malawi (Camal) says improved domestic coffee prices are encouraging producers, but rising smuggling of the commodity…
Weak systems deepen Malawi’s debt crisis

Weak systems deepen Malawi’s debt crisis

Malawi’s deepening public debt crisis is said to be compounded by weak accountability and oversight systems, raising concerns about the…
No economic independence without decisive leadership

No economic independence without decisive leadership

Malawi Malawi on July 6 this year clocked 62 years of independence without fanfare after President Peter Mutharika earlier directed…
Unit sees renewed IMF push for devaluation

Unit sees renewed IMF push for devaluation

The Economist Intelligence Unit (EIU) says it foresees the International Monetary Fund (IMF) continuing its push for currency realignment as…
Ray of hope for local exporters

Ray of hope for local exporters

Fund for Export Development in Africa, the development equity impact investment arm of Egypt-based African Export-Import Bank (Afreximbank), has admitted…
Agro commodities make up90% of local exports—NSO

Agro commodities make up90% of local exports—NSO

The National Statistical Office (NSO) data show that efforts to diversify Malawi’s economy have yielded little results as agricultural commodities…
 Firms struggle to finance new ideas

 Firms struggle to finance new ideas

The inaugural Business Innovation Survey has established that limited access to financing is constraining Malawi’s capacity for business innovation even…
Tobacco earnings decline as prices drop amid oversupply

Tobacco earnings decline as prices drop amid oversupply

Malawi’s tobacco earnings have reached $180.9 million (about K316.7 billion) after 11 weeks of trading, with 87 million kilogrammes (kg)…
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