Business
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Rising commodity prices fuelling deficit—report
October 20, 2022
Rising commodity prices fuelling deficit—report
The poor performance of exports in Malawi amid elevated global prices for most key commodities is putting pressure on the…
MSE simplifies SMEs entry on market
October 20, 2022
MSE simplifies SMEs entry on market
Malawi Stock Exchange (MSE) has simplified the Enterprise and Development Growth Exchange (EDGEx), formerly Alternative Capital Market, to ease access…
Lilongwe Archdiocese buys stake in bank
October 19, 2022
Lilongwe Archdiocese buys stake in bank
The Catholic Archdiocese of Lilongwe has partnered with Centenary Rural Development Group Limited of Uganda to buy 100 percent shareholding…
‘Parastatals financial performance down’
October 19, 2022
‘Parastatals financial performance down’
Ministry of Finance and Economic Affairs has said despite commercial State-Owned Enterprises (SoEs) being market-oriented entities, the number of loss-making…
Council plans to issue bonds, RBM impressed
October 18, 2022
Council plans to issue bonds, RBM impressed
The Reserve Bank of Malawi (RBM) says it is impressed with Nkhotakota District Council’s plans to issue municipal bonds to…
Committee against informal agricultural exports
October 18, 2022
Committee against informal agricultural exports
Parliamentary Committee on Agriculture says it will engage government to put in place systems to curb smuggling of agricultural commodities…
Treasury to borrow K630.7bn in 3 months
October 18, 2022
Treasury to borrow K630.7bn in 3 months
Treasury plans to borrow K630.7 billion from the domestic market through treasury securities between October and December this year, a…
MCCCI tells MRA to widen scope, enhance efficiency
October 18, 2022
MCCCI tells MRA to widen scope, enhance efficiency
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has challenged the Malawi Revenue Authority (MRA) to widen its scope…
Poverty levels still high—World Bank
October 18, 2022
Poverty levels still high—World Bank
The World Bank says the number of Malawians living below the international poverty line of $2.15 (about K2 227.40) per…
Import cover to fall below 1 month—IMF
October 17, 2022
Import cover to fall below 1 month—IMF
The International Monetary Fund (IMF) has projected that Malawi’s official import cover will average 0.3 months this year, the lowest…