Business
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More people borrow from family, friends
June 9, 2022
More people borrow from family, friends
More people are borrowing money from family and friends than from financial institutions, according to a World Bank report. The…
Matching grant excites tourism sector players
June 8, 2022
Matching grant excites tourism sector players
Ministry of Tourism, Culture and Wildlife says it hopes to see increased and expanded operations in the tourism sector following…
AfDB dangles k30bn for private sector
June 8, 2022
AfDB dangles k30bn for private sector
T he African Development Bank (AfDB) says it is keen on extending about $30 million (about K30.1 billion) worth of…
Banks hike lending rates, now at 13.8%
June 7, 2022
Banks hike lending rates, now at 13.8%
Commercial banks have hiked their base lending rates, a development analysts have attributed to the recent 25 percent devaluation of…
Resolve single buyer squabbles—Chakwera
June 7, 2022
Resolve single buyer squabbles—Chakwera
President Lazarus Chakwera yesterday gave Minister of Energy Ibrahim Matola up to June end to provide clarity on the relationship…
Poor seed impacts output, says Agra
June 6, 2022
Poor seed impacts output, says Agra
Alliance for Green Revolution in Africa (Agra) says the poor performance of the country’s seed systems affects farmers’ productivity. This…
NBM completes TZ bank takeover
June 6, 2022
NBM completes TZ bank takeover
National Bank of Malawi (NBM) plc has completed the acquisition of a 60.48 percent stake in Akiba Commercial Bank of…
MRA downplays devaluation impact on revenue collections
June 4, 2022
MRA downplays devaluation impact on revenue collections
Public tax collector Malawi Revenue Authority (MRA) has allayed fears that the devaluation of the kwacha could exert pressure in…
Experts urge early fertiliser procurement
June 4, 2022
Experts urge early fertiliser procurement
A gricultural experts are urging the government to consider early procurement of fertiliser and other inputs before the prices get…
Ecobank rolls out free SME booster training series
June 3, 2022
Ecobank rolls out free SME booster training series
Ecobank Group has rolled out Ecobank SME Booster Series to enhance small businesses’ competitiveness through innovative business skills training. The…