Business
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SMEs still struggling to scale up—World Bank
June 10, 2022
SMEs still struggling to scale up—World Bank
The World Bank says despite their number, business reforms and potential to contribute more to the economy, the micro small…
Kips Restaurant named best fast foods outlet in CICM awards
June 10, 2022
Kips Restaurant named best fast foods outlet in CICM awards
Kips Restaurant and Ice Cream Parlor was on Friday named the best fast foods outlet in the Chartered Institute of…
Comsip transforms lives through livelihood project
June 9, 2022
Comsip transforms lives through livelihood project
From Kapambwatu Village, Traditional Authority Mwirang’ombe in Karonga, 72-year-old Idah Gondwe is a proud owner of 57 chickens, four pigs…
Are we in financial crisis yet?
June 9, 2022
Are we in financial crisis yet?
Financial crisis refers to a situation where financial instruments and assets decrease significantly in value. It sometimes comes with a…
Dare to be different on cutting costs
June 9, 2022
Dare to be different on cutting costs
In a desperate bid to stabilise the economy, President Lazarus Chakwera last week unveiled some measures aimed at saving public…
Small firms catch energy crisis cold
June 9, 2022
Small firms catch energy crisis cold
Small and medium enterprises (SMEs) are slowing down and abandoning production following persistent electricity challenges which have increased the cost…
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…