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FMBCH year-end profit jumps to $21.2 million

FMBCH year-end profit jumps to $21.2 million

FMB Capital Holdings (FMBCH) plc, the holding company for First Capital Bank operations in Africa, has reported profit after tax…
Low absorption rate mars $95m AGCOM project

Low absorption rate mars $95m AGCOM project

Agriculture Commercialisation (Agcom) Project has  disbursed only K1.2 billion to farmer organisations out of the K23 billion matching grants. Government…
Govt banks on tourism master plan for growth

Govt banks on tourism master plan for growth

Government seeks to boost investments in the tourism sector through a 25-year National Tourism Investment Masterplan supported by the African…
Covid-19 may dampen middle class plans—NPC

Covid-19 may dampen middle class plans—NPC

The National Planning Commission (NPC) says plans to grow the economy to a lower middle-class by 2030 may be eroded…
Consumers want action on worsening bad loans

Consumers want action on worsening bad loans

Credit quality of commercial banks worsened in 2020 despite measures instituted by the Reserve Bank of Malawi (RBM) to mitigate…
RBM trade finance Facility at $307M

RBM trade finance Facility at $307M

The central bank has renewed the $250 million revolving dual tranche strategic structured commodity and trade finance facility, a tool…
Experts call for inclusivity in cannabis production

Experts call for inclusivity in cannabis production

Players in the cannabis production industry have called for review of licensing fees and other requirements to enable smallholder farmers…
Treasury sees pressure On 2021/22 fiscal plan

Treasury sees pressure On 2021/22 fiscal plan

Ministry of Finance has admitted that the proposed 2021/22 National Budget estimates will be impacted by stressful fiscal risks occasioned…
Internet tax review can make data rates fall

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…
Firm eyes high value horticultural exports

Firm eyes high value horticultural exports

The Greenbelt Greenhouse Limited (GGL) has outlined plans to engage communities around Kamuzu International Airport in Lilongwe to form cooperatives…
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