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Forex shortage hit market in 2021

Forex shortage hit market in 2021

In 2021, the Malawi economy experienced shortage of foreign currency in the formal financial market. The acute shortage of foreign…
Ecama cautions RBM on inflation expectations

Ecama cautions RBM on inflation expectations

Economics Association of Malawi (Ecama) has advised the Reserve Bank of Malawi (RBM) to manage expectations on inflation which could…
Legume farmers smiled all the way to bank

Legume farmers smiled all the way to bank

The year 2021 was economically exciting for legume farmers, especially those who grew soya beans, who raked in more income…
Draw inspiration from ‘It Is Well With My Soul’

Draw inspiration from ‘It Is Well With My Soul’

Barely 48 hours from now, the world will welcome the New Year 2022 after seeing off 2021 which proved to…
Weak private sector credit worries SMEs

Weak private sector credit worries SMEs

Indigenous Businesses Association of Malawi (Ibam) says commercial banks’ preference to lend government more than the private sector is negatively…
New market boosts vendors’ income

New market boosts vendors’ income

Frank Jafali attributes an improved life of his family to the construction of new Lunzu Market in Blantyre. The 45-year-old,…
How kwacha depreciation caused devastation in 2021

How kwacha depreciation caused devastation in 2021

For businesses, 2021 will remain a painful year following the tumbling kwacha, which saw the country grappling with higher costs…
Bank says economic growth faces risk

Bank says economic growth faces risk

The World Bank says Malawi’s economic recovery and growth face risks from macroeconomic imbalances and continued government expenditure towards consumption…
Council seeks K2bn bailout from central government

Council seeks K2bn bailout from central government

Mzuzu City Council has engaged government for a K2 billion bailout to settle arrears it owes suppliers of goods and…
Neef loans demand increased in 2021

Neef loans demand increased in 2021

Amid Covid-19 economic hardships, the surge in demand for National Economic Empowerment Fund (Neef) soft loans aimed at inducing economic…
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