Business
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Kwacha down 4.5% in 6 months
August 4, 2021
Kwacha down 4.5% in 6 months
The Reserve Bank of Malawi (RBM) says the kwacha lost K38.83 or 4.5 percent to the dollar in a space…
National Bank winds up Agulu Lathu promotion
August 3, 2021
National Bank winds up Agulu Lathu promotion
National Bank of Malawi (NBM) plc has concluded its Agulu Lathu Promotion, which was aimed at assisting informal groups to…
Ministry sounds SOS on soya bean exports
August 3, 2021
Ministry sounds SOS on soya bean exports
Ministry of Trade has asked farmers and traders to register their available quantities of soya bean amid demand on the…
CFTC warns against consumption of recalled products
August 2, 2021
CFTC warns against consumption of recalled products
The Competition and Fair Trading Commission (CFTC) has warned the public against consumption of KOO and Hugos canned vegetables produced…
IMF warns of growth risks
August 2, 2021
IMF warns of growth risks
The International Monetary Fund (IMF) has advised authorities to implement measures that can boost economic recovery and build resilience. In…
RBM revises upwards inflation target
August 2, 2021
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
August 2, 2021
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
July 31, 2021
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
July 31, 2021
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
July 30, 2021
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…