Business
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Rising food prices push up cost of living—report
September 21, 2021
Rising food prices push up cost of living—report
Rising food prices have pushed up the Survival Minimum Expenditure Basket (Smeb), with the largest change in households expenditure observed…
Govt opens fiscal year with deficit
September 21, 2021
Govt opens fiscal year with deficit
The Malawi Government recorded a deficit of K46.8 billion in July, the first month of this fiscal year, up from…
National Planning Commission optimistic on middle-income status
September 21, 2021
National Planning Commission optimistic on middle-income status
National Planning Commission (NPC) says Malawi can attain the middle-income status by 2030 if it focuses on a few tangible…
Sending remittances to Malawi costly—report
September 20, 2021
Sending remittances to Malawi costly—report
The cost associated with sending remittances to African countries, including Malawi, is one of the highest in the world, a…
Finance gap threatens Industrialisation goals
September 20, 2021
Finance gap threatens Industrialisation goals
University of Malawi associate professor of economics Ronald Mangani says financing gaps threaten the country’s aspirations of achieving industrialisation and…
Remittance to Africa projected to decrease in 2021
September 18, 2021
Remittance to Africa projected to decrease in 2021
Remittances to African countries are expected to decrease by 5.4 percent from $44 billion in 2020 to a projected total…
Mixed fortunes for maize,Soya beans farmers
September 18, 2021
Mixed fortunes for maize,Soya beans farmers
A policy note from the International Food Policy Research Institute (Ifpri), shows that prices paid to soya bean farmers have improved…
Bank’s credit demand soars—report
September 17, 2021
Bank’s credit demand soars—report
The banking sector’s demand for loans and credit lines has recorded an increase on account of cash-flow constraints arising from…
Financial sector buoyant, resilient in H1, says RBM
September 17, 2021
Financial sector buoyant, resilient in H1, says RBM
The Reserve Bank of Malawi (RBM) says the financial sector continued to be resilient to global and domestic shocks despite…
Firm invests k4bn To boost output
September 17, 2021
Firm invests k4bn To boost output
Malawi Mangoes Limited, a Salima-based commercial fruit farming and processing enterprise, says it has invested $5 million (about K4 billion)…