Business

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Standard Bank profit after-tax hits K24.8bn

Standard Bank profit after-tax hits K24.8bn

Standard Bank plc has posted a four percent increase in profit after-tax to K24.8 billion in the year ended December…
Minister warns against tobacco buyer cartels

Minister warns against tobacco buyer cartels

Minister of Agriculture Lobin Lowe has warned new tobacco buyers against joining cartels of seasoned buyers to exploit growers through…
Study urges review of State firms’ mandates

Study urges review of State firms’ mandates

A study on the state of financial and operational performance of State owned enterprises (SOEs) has recommended an immediate review…
Employers speak on pension arrears

Employers speak on pension arrears

Employers Consultative Association of Malawi (Ecam) has attributed the rising pension’s contribution arrears to the tough economic environment fueled by…
Firm rolls out milk powder production

Firm rolls out milk powder production

Mach Milk Company Limited, which has invested K200 million in milk power production, has rolled out its operations in Mpemba,…
Insurance faces credit, liquidity risks

Insurance faces credit, liquidity risks

The insurance sector performance was burdened over the six-month period to December 2021 as players faced credit and liquidity vulnerabilities…
Gender imbalances threaten financial inclusion—report

Gender imbalances threaten financial inclusion—report

New Reserve Bank of Malawi (RBM) data  shows that women continue to be disadvantaged in digital financial services access. If…
Invest AIP ‘savings’ in commercial farming— experts

Invest AIP ‘savings’ in commercial farming— experts

Experts have urged government to invest in commercial agriculture the K33 billion saved following the reduction in allocation to the…
FDH Bank donates mattresses to Chiradzulu Secondary School

FDH Bank donates mattresses to Chiradzulu Secondary School

FDH Bank plc has donated 80 mattresses worth K2 million to Chiradzulu Secondary School. The bank’s deputy managing director George…
Why it’s ‘shame’ old story on parastatal performance

Why it’s ‘shame’ old story on parastatal performance

This week, one of the stories that caught my attention was published in the Business News section of The Nation…
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