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Shocks derail MW2063 goals

Shocks derail MW2063 goals

The United Nations (UN)says Malawi’s economic transformation remains slow and constrained by deep structural weaknesses that could derail further the…
FMBCH profit up 47% to K266bn, touts regional strategy

FMBCH profit up 47% to K266bn, touts regional strategy

FMB Capital Holdings plc (FMBCH) has reported a 47 percent increase in profit after-tax to $152 million (about K266 billion),…
Study calls for urgent action to counter Middle East crisis

Study calls for urgent action to counter Middle East crisis

A  new study has called on the Malawi Government to implement urgent policy interventions to shield the economy from fuel…
Digital stamps boost excise tax collection

Digital stamps boost excise tax collection

The Malawi Revenue Authority (MRA) says digital tax stamps system, also known as Kalondola, has improved excise tax compliance and…
AfDB injects K44 billion for power infrastructure rehab

AfDB injects K44 billion for power infrastructure rehab

The African Development Bank (AfDB) has granted the Malawi Government $23 million (about K44 billion) to rehabilitate key infrastructure at…
MCCCI flags trade risks, urges shift

MCCCI flags trade risks, urges shift

The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has urged local firms to pivot towards regional markets, warning…
Fuel surge sparks household panic

Fuel surge sparks household panic

Malawian households are facing shrinking incomes and declining spending as rising global fuel prices triggered by conflict in the Middle…
Govt dares businesses on decent jobs, human rights

Govt dares businesses on decent jobs, human rights

Minister of Justice and Constitutional Affairs Charles Mhango says the formulation of Malawi guidelines on business and human rights will…
Banks trim cost of borrowing to 20.8%

Banks trim cost of borrowing to 20.8%

Commercial banks in the country have reduced their lending rates to 20.80 percent from 22.40 percent, the fourth consecutive time…
Govt sticks to levies amid fuel price hike backlash

Govt sticks to levies amid fuel price hike backlash

Malawi Government has stuck to fuel levies in the fuel price build-up amid increasing calls from opposition parties, civil society…
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