Business
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Admarc upbeat on settling k40bn loans
January 12, 2022
Admarc upbeat on settling k40bn loans
State produce trader Agricultural Development and Marketing Corporation (Admarc) says it will repay its K40 billion commercial bank loans through…
Finance landmark projects, economists tell Treasury
January 11, 2022
Finance landmark projects, economists tell Treasury
Economists have urged Treasury to ensure that the 2022/23 National Budget has money to finance landmark projects enshrined in the…
Mera cautious on global oil price
January 11, 2022
Mera cautious on global oil price
Malawi Energy Regulatory Authority (Mera) says it is monitoring the global trends in oil prices, observing that the impact of…
World bank loan to boost power access
January 10, 2022
World bank loan to boost power access
Electricity Supply Corporation of Malawi (Escom) says the $150 million (about K123 billion) loan Malawi Government secured from the World…
Kwacha in slight gain
January 10, 2022
Kwacha in slight gain
The kwacha, which has been on a depreciation path for the past 12 months, slightly gained against three major foreign…
Banks revise service fees
January 8, 2022
Banks revise service fees
Commercial banks have, from this month, adjusted their banking tariffs meaning that bank customers will have to dig deeper in…
Credit spread under scrutiny
January 8, 2022
Credit spread under scrutiny
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has faulted the country’s credit structure which it says is concentrated…
FDH awards long-serving staff
January 7, 2022
FDH awards long-serving staff
FDH Financial Holdings last week presented certificates of recognition and presents to 64 employees who have served the company for more…
Tobacco growers say dry spell threatens output
January 7, 2022
Tobacco growers say dry spell threatens output
Tobacco farmers say inadequate rainfall being experienced in some of the country’s districts could negatively affect the leaf’s output. Tama…
Govt tipped on safeguarding public purse
January 7, 2022
Govt tipped on safeguarding public purse
Institute of Chartered Accountants in Malawi (Icam) and an economist have tipped government on proper management of taxpayers’ money to…