Business
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Covid-19 threatens investment deals
November 1, 2021
Covid-19 threatens investment deals
The World Bank has cast doubt on Malawi’s chances of concluding investment deals in the wake of Covid-19 despite having…
RBM wants suspension of judgement in ICT deal
November 1, 2021
RBM wants suspension of judgement in ICT deal
The Reserve Bank of Malawi (RBM) wants the High Court to suspend enforcement of a August 23 judgement which ordered…
Insurance firms challenged to bring tailor-made products
November 1, 2021
Insurance firms challenged to bring tailor-made products
Press Corporation plc chief executive officer George Partridge has challenged insurance firms to come up with innovative products that suit…
Interbank borrowing up On tightening liquidity
October 30, 2021
Interbank borrowing up On tightening liquidity
The continued liquidity challenges in the domestic market faced by commercial banks on has pushed up borrowing between banks as…
Treasury positive on budget
October 30, 2021
Treasury positive on budget
Ministry of Finance says although most of the 2021/22 National Budget assumptions are not performing as projected, budget implementation has…
World bank cautions On access to finance
October 29, 2021
World bank cautions On access to finance
The World Bank says access to finance will likely become challenging in the short-term as markets begin to absorb the…
Egenco pledges to diversify power sources
October 29, 2021
Egenco pledges to diversify power sources
Electricity Generation Company (Egenco) says it is committed to increasing power generation by diversifying energy sources. Egenco chief executive officer…
Why forex will remain scarce in Malawi
October 28, 2021
Why forex will remain scarce in Malawi
Malawi is no stranger to foreign exchange shortages and fluctuations in value. This has been the situation for some time…
IMF projects 2021Inflation at 9.5%
October 28, 2021
IMF projects 2021Inflation at 9.5%
The International Monetary Fund (IMF) has projected that Malawi’s 2021 annual inflation rate will average 9.5 percent due to the…
Kwacha to close year at K829/dollar—EIU
October 28, 2021
Kwacha to close year at K829/dollar—EIU
The Economist Intelligence Unit (EIU) has projected that the kwacha could depreciate further to close the year at K829.8 to…