Business

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Growth prospects uncertain—RBM

Growth prospects uncertain—RBM

Reserve Bank of Malawi (RBM) has indicated that domestic economic growth prospects remain uncertain in 2021 owing to the rising…
‘Diversification key to benefiting from AfCFTA’

‘Diversification key to benefiting from AfCFTA’

The World Economic Forum (WEF) says sub-Saharan African countries, including Malawi, need to diversify and align their industrial policies with…
Households spending more on food—report

Households spending more on food—report

Households in urban areas are spending an average of 56 percent of their expenditure on food, a development that shows…
Dairy firm invests K75m in new plant, doubles output

Dairy firm invests K75m in new plant, doubles output

Mzuzu Dairy Limited says it has invested K75 million in new machinery that will double milk output and increase market…
Report outlines tourism sector key constraints

Report outlines tourism sector key constraints

Lack of access to electricity and piped water pose key constraints in the tourism sector despite it being a high-growth…
More growers shun tobacco, says Tama

More growers shun tobacco, says Tama

Growers’ dissatisfaction with tobacco marketing trends is pushing away some of them from growing the crop, Tama Farmers Trust has…
Rudevit intensifies capital mobilisation drive

Rudevit intensifies capital mobilisation drive

Rudevit Holdings plc has intensified its efforts to raise K10 billion start-up capital, with over 400 members currently investing in…
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…
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