Business
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Grain traders lose out on maize exports
May 25, 2021
Grain traders lose out on maize exports
Barely a week before the three-month export window closes, grain traders have only exported 17 478 metric tonnes (MT) of…
Implanting trade hope amid Covid-19 monster
May 25, 2021
Implanting trade hope amid Covid-19 monster
The Covid-19 pandemic has completely plunged the global economy into an abyss of recession. The pandemic mirrors two other past…
Malawi tobacco faces new threat
May 25, 2021
Malawi tobacco faces new threat
Malawi’s tobacco industry faces another blow as most of its major markets are contemplating banning the sale of mint-flavoured cigarettes,…
4-month average inflation rate surpasses 2021 target
May 25, 2021
4-month average inflation rate surpasses 2021 target
Malawi’s year-on-year headline inflation has averaged 8.65 percent between January and April this year, slightly above the 2021 inflation rate…
Fund disburses K5.8bn to new beneficiaries
May 24, 2021
Fund disburses K5.8bn to new beneficiaries
The National Economic Empowerment Fund (Neef), formerly Malawi Enterprise Development Fund (Medf), says it has disbursed K5.8 billion to 2…
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…