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World bank faults Banks on lendinga

World bank faults Banks on lendinga

The World Bank has faulted local commercial banks for concentrating on short-term lending, observing that a paltry 32 percent of…
Expert tips women SMEs on Covid-19 business solutions

Expert tips women SMEs on Covid-19 business solutions

A Kenyan leadership expert has tipped women entrepreneurs in the country to find business survival solutions to ensure sustainable operations…
Malawi, others get k32bn un support

Malawi, others get k32bn un support

United Nations (UN) has committed a $41 million (about K32 billion) allocation to Malawi and three other countries to accelerate…
Kwacha continues to face pressure

Kwacha continues to face pressure

The kwacha is fast losing value against the dollar and other major trading currencies largely due to the continued demand…
Employees owed K26.2bn in pension arrears—RBM

Employees owed K26.2bn in pension arrears—RBM

Employers are yet to remit about K26.2 billion in pension money to fund managers, a development the Reserve Bank of…
Mkango upbeat on global rare earths market

Mkango upbeat on global rare earths market

Mkango Resources Limited, a dual-listed mining firm, says rare earths prices continue to rise on the global market and concerns…
Economy dodged recession in 2020

Economy dodged recession in 2020

Malawi’s economy escaped a potential recession by a whisker in 2020, registering a growth rate of 0.9 percent, thanks to…
Global body lists Malawi as safe tourism destination

Global body lists Malawi as safe tourism destination

The World Travel and Tourism Council (WTTC) has listed and awarded Malawi with a safe travels stamp, recognising the country…
MSE closed on higher note in February—report

MSE closed on higher note in February—report

The Malawi Stock Exchange (MSE) was bullish in February with five counters registering price gains, sending the overall market measure…
Local traders, consumers go for smuggled goods

Local traders, consumers go for smuggled goods

Local traders say they now prefer to be selling smuggled goods to sustain their businesses, observing that some locally-manufactured goods…
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