Business
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Local Banks In Cautious Lending
May 15, 2021
Local Banks In Cautious Lending
Private sector credit declined by seven percentage points to 16.8 percent in the first quarter—January to March 2021—published “The quarterly…
Gloomy outlook for Q2
May 14, 2021
Gloomy outlook for Q2
Reserve Bank of Malawi (RBM) says the local unit will depreciate by about 2.2 percent in the second quarter (April…
CfSC for increased minimum wage
May 14, 2021
CfSC for increased minimum wage
The Centre for Social Concern (CfSC) has asked Treasury to consider effecting another minimum wage hike as a way of…
Internet tax review can make data rates fall
May 13, 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…
Going gets tough For urban poor
May 13, 2021
Going gets tough For urban poor
The Covid-19 pandemic could push over 147 000 Malawi urban dwellers into poverty, this is according to the World Bank.…
Experts speak out on RBM policy rate stance
May 13, 2021
Experts speak out on RBM policy rate stance
Economists have questioned the recent move by the Reserve Bank of Malawi (RBM) to maintain the policy rate at 12…
PCL plans to divest 20% stake in Castel Malawi
May 12, 2021
PCL plans to divest 20% stake in Castel Malawi
Conglomerate Press Corporation plc says it plans to divest a 20 percent stake in Castel Brewery Malawi Limited after assessing…
Greenbelt authority outlines PPP plans
May 12, 2021
Greenbelt authority outlines PPP plans
State-owned Greenbelt Authority (GBA) has unveiled plans to partner willing private local and international investors in the implementation of massive…
Mkango Resources to roll out production in 2023
May 11, 2021
Mkango Resources to roll out production in 2023
Mkango Resources Limited, a mineral exploration and development company, plans to roll out the rare earths project at Songwe Hills…
Grain traders lose Out on maize trade
May 11, 2021
Grain traders lose Out on maize trade
Grain Traders and Processors Association of Malawi has decried losing out on the export market due to the high prices…