Business

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Banks dominate domestic debt market, report shows

Banks dominate domestic debt market, report shows

Local commercial banks continue to dominate on the domestic debt market as they are still ranked the biggest holders of…
General Alliance hand over motorcycle to Kuyenda Chokhala promotion winner

General Alliance hand over motorcycle to Kuyenda Chokhala promotion winner

General Alliance Insurance, one of the insurance companies on Wednesday last week handed over a motorcycle to the first winner…
Inflation rate hits double digit, now at 11.1%

Inflation rate hits double digit, now at 11.1%

Malawi’s year-on-year headline inflation rate for November 2021 has quickened by 1.3 percentage points to hit 11.1 percent, triggered by…
Strategy set to double exports

Strategy set to double exports

President Lazarus Chakwera yesterday committed to ensure that the five-year National Export Strategy II (NES II) is implemented to double…
Firm rolls out new generation TV set

Firm rolls out new generation TV set

Agilitee Africa, a South Africa-based electric vehicles manufacturer which is on the verge of entering the Malawi market, has launched…
Ultra-poor livelihoods set to improve

Ultra-poor livelihoods set to improve

Anne Chimwenje, 41, from Mbalame Village, Traditional Authority (T/A) Kaphuka in Dedza was one of the poorest people in that…
GDP growth revised downwards to 2.5%

GDP growth revised downwards to 2.5%

Ministry of Economic Planning and Development has revised downwards the country’s gross domestic product (GDP) growth rate for 2021 by…
High trade costs hit Malawi, others

High trade costs hit Malawi, others

World Trade Organisation (WTO) says while trade costs are high in many countries, those faced in Malawi and other landlocked…
World Bank gives K143bn for education, transport

World Bank gives K143bn for education, transport

The World Bank and Malawi Government on Wednesday signed two financial agreements worth $173 million (about K143 billion) to fund…
15 years later, same old plea for debt relief

15 years later, same old plea for debt relief

In his maiden address to the United Nations General Assembly made virtually on September 24 2020, President Lazarus Chakwera appealed…
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