Business
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GDP growth fails to push SDGs success
July 26, 2022
GDP growth fails to push SDGs success
Malawi is still struggling to attain the desired gross domestic product (GDP) growth rate to enable the successful implementation of…
Ministry moves to meet 1000MW power target
July 26, 2022
Ministry moves to meet 1000MW power target
Minister of Energy Ibrahim Matola says the country will generate 1 000 megawatts (MW) of power by 2025 due to…
World Bank warns of looming food crisis
July 25, 2022
World Bank warns of looming food crisis
The World Bank has warned that food import bill in poor countries, including Malawi, could rise by the equivalent of…
Malawi’s cost of borrowing high
July 25, 2022
Malawi’s cost of borrowing high
Malawi has been ranked as the third country out of 20 sampled in Africa with the highest lending rates at…
Kwacha re-aligns against major currencies
July 23, 2022
Kwacha re-aligns against major currencies
The Malawi kwacha depreciated against the currencies of the country’s major trading partners in May 2022 on account of a…
Tobacco Commission hopeful on tobacco sales
July 23, 2022
Tobacco Commission hopeful on tobacco sales
The Tobacco Commission (TC) says this year’s tobacco marketing season has been the best so far, with better prices being…
Unsafe products exact high price on consumers
July 22, 2022
Unsafe products exact high price on consumers
A 10 percent increase in food prices will trigger a five percent decrease in the incomes of the poorest families,…
Mini-grids solution to power woes—minister
July 22, 2022
Mini-grids solution to power woes—minister
Minister of Energy Ibrahim Matola says the off-grid micro-hydro electricity generated by Mulanje Electricity Generating Agency (Mega) Limited is complementing…
Treasury explains rising debt stock
July 22, 2022
Treasury explains rising debt stock
Ministry of Finance and Economic Affairs says the increasing demand to spend amid dwindling resources has led to rising public…
Why devaluation may have been a misdiagnosis
July 21, 2022
Why devaluation may have been a misdiagnosis
In a desperate bid to improve availability of foreign exchange in the formal market and stimulate the economy, the Reserve…