Business

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Admarc upbeat on settling k40bn loans

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

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

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

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

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

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

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

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

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

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…
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