Business
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Private sector credit rises to k7.8bn—RBM
May 24, 2021
Private sector credit rises to k7.8bn—RBM
Reserve Bank of Malawi (RBM) says commercial banks’ credit to the private sector grew by 1.2 percent to K7.8 billion…
WB slashes MW’S Growth prospects
May 22, 2021
WB slashes MW’S Growth prospects
The World Bank has revised downwards the country’s growth projections by 0.5 percentage points to 2.8 percent as Covid-19 impacts…
Lake salmon species survival under threat
May 22, 2021
Lake salmon species survival under threat
A two-decade old weir on Bua River in Nkhotakota has become a barrier to free movement of migratory lake salmon…
Reduced economic activity, slows digital payments—RBM
May 21, 2021
Reduced economic activity, slows digital payments—RBM
T he Reserve Bank of Malawi (RBM) says reduced economic activity in the first quarter (Q1) of this year and…
Maize exporters Dealt heavy blow
May 21, 2021
Maize exporters Dealt heavy blow
Grain Traders and Processors Association of Malawi (GTPA) have been dealt a heavy blow following Zimbabwe’s move to ban maize…
Internet tax review can make data rates fall
May 20, 2021
Internet tax review can make data rates fall
When Malawi Communications Regulatory Authority (Macra) announced that effective Thursday, April 22 2021, mobile network operators in the country would…
Farmers selling cotton at below minimum price
May 20, 2021
Farmers selling cotton at below minimum price
In search of fast cash, some cotton farmers are selling their crop at as low as K150 per kilogramme (kg)…
Poverty fight stagnates In Malawi—world bank
May 20, 2021
Poverty fight stagnates In Malawi—world bank
The World Bank says Malawi’s progress in addressing poverty has stagnated over the last 15 years, which is in contrast…
Court orders RBM to amend its application
May 19, 2021
Court orders RBM to amend its application
The High Court has ordered the Reserve Bank of Malawi (RBM) to amend its application by suing the Public Procurement…
Informal sector key to Recovery—world bank
May 19, 2021
Informal sector key to Recovery—world bank
The World Bank says with 89 percent of private sector firms in the informal economy, Malawi’s recovery will be delayed…