Business

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Treasury rebuffs MCCCI on stimulus package

Treasury rebuffs MCCCI on stimulus package

Ministry of Finance says it does not have the capacity to provide fiscal stimulus package to the private sector because…
Kwacha still Under pressure

Kwacha still Under pressure

The kwacha, which has lost substantial ground in the past seven months against major trading currencies, continues to depreciate further…
Malawi to benefit from Comesa digital payment policy

Malawi to benefit from Comesa digital payment policy

The Common Market for Eastern and Southern Africa (Comesa) Business Council (CBC) has started the validation exercise for the Comesa…
Smuggling of flour, cooking oil rising, say traders

Smuggling of flour, cooking oil rising, say traders

S of cheap wheat flour and cooking oil from Mozambique is said to be on the rise due to porous…
World bank touts Economic inclusion

World bank touts Economic inclusion

The World Bank has highlighted the need for strong economic inclusion programmes to build on pre-existing government initiatives, saying this…
Malawi trade balance to face continued pressure—firm

Malawi trade balance to face continued pressure—firm

Malawi’s trade balance will in the short to medium-term continue to worsen owing to continued inadequate exports and Malawi’s dependence…
Bank charges Scaring consumers

Bank charges Scaring consumers

Fees associated with opening bank accounts and maintaining them make accounts unaffordable for the majority of the unbanked population, the…
Firm outlines 3 economic risks

Firm outlines 3 economic risks

Malawi’s economic outlook faces considerable downside risks, including the impact of the Covid-19 pandemic, weather shocks and fiscal slippages, Nico…
NSO set for another GDP rebase in 2022

NSO set for another GDP rebase in 2022

The National Statistical Office (NSO) says it will conduct another rebase of the economy next year to keep pace with…
Income rise fails to narrow poverty gap—economist

Income rise fails to narrow poverty gap—economist

Although Malawi’s gross national income (GNI) per capita has increased in the past decade, the rise has failed to narrow…
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