Business

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Malawi’s cost of borrowing high

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

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

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

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

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

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

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…
Inflationary pressure to worsen poverty—Ecama

Inflationary pressure to worsen poverty—Ecama

Economics Association of Malawi (Ecama) says the elevated inflationary pressures are worsening poverty and negatively affecting production and business operations.…
Malawi Agoa exports down

Malawi Agoa exports down

Malawi’s exports to the United States (US) through the African Growth and Opportunity Act (Agoa) continue to decline, falling by…
Ecobank Malawi rolls out upgraded banking platform

Ecobank Malawi rolls out upgraded banking platform

Ecobank Malawi has rolled out its upgraded mobile banking platform to complement its Ecobank mobile app used by millions of…
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