Business

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RBM revises upwards inflation target

RBM revises upwards inflation target

The Reserve Bank of Malawi (RBM) has revised upwards its 2021 inflation rate projection to an average 8.8 percent. This…
Make sacrifices, Chilima tells CEOs

Make sacrifices, Chilima tells CEOs

Vice-President Saulos Chilima has challenged chief executive officers (CEOs) from both public and private sectors to abandon self-interest and make…
Investment Bank outlines monetary policy risks

Investment Bank outlines monetary policy risks

CDH Investment Bank Limited says rising Covid-19 outbreak, exchange rate, inflationary pressures and domestic borrowing by government poses risks to…
Cross-border traders outline challenges

Cross-border traders outline challenges

Cross-border Traders Association president Esther Tchukambiri has lamented multiple Covid-19 certificate payments and strict border regulations when entering neighbouring countries…
FDH Bank plc posts K4.5bn profit-after tax

FDH Bank plc posts K4.5bn profit-after tax

FDH Bank plc has registered a profit after tax of K4.55 billion in 2020, up from K3.223 billion achieved over…
Kamuzu Acadamy Alumni gives Immigration PPE

Kamuzu Acadamy Alumni gives Immigration PPE

Kamuzu Academy Alumni Association (KA3) on Wednesday donated personal protective equipment (PPE) to the Department of Immigration and Citizenship Services…
110m kg tobacco sold, TC positive

110m kg tobacco sold, TC positive

Two weeks before the official closing of the tobacco market, the Tobacco Commission (TC) says it is hopeful of meeting…
Delay expected as deadline looms for AfCFTA rules of origin talks

Delay expected as deadline looms for AfCFTA rules of origin talks

Talks aimed at finalising key aspects of the African Continental Free Trade Area (AfCFTA) are facing delays as member countries…
Kwacha least volatile-SADC

Kwacha least volatile-SADC

Southern African Development Community (Sadc) says the kwacha is the least volatile currency in the bloc, alongside the Tanzanian shilling.…
Malawi gets K133bn South Sudan trade enquiries

Malawi gets K133bn South Sudan trade enquiries

Ministry of Trade says Malawi has received trade inquiries worth $165 million (about K133 billion) from South Sudan for various…
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