Business
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FMBCH year-end profit jumps to $21.2 million
May 4, 2021
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
May 4, 2021
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
May 3, 2021
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
May 3, 2021
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
May 1, 2021
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
May 1, 2021
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
April 30, 2021
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
April 30, 2021
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
April 29, 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…
Firm eyes high value horticultural exports
April 29, 2021
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…