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Devaluation is not solution—minister

Devaluation is not solution—minister

Minister of Finance, Economic Planning and Development Joseph Mwanamvekha says devaluation of the kwacha is not a solution to Malawi’s…
Ministry admits technical education failing to match global trends

Ministry admits technical education failing to match global trends

The Ministry of Labour, Skills and Innovation has conceded that the country’s technical education is struggling to match the global…
Germany pledges support to women enterprises

Germany pledges support to women enterprises

The Government of Germany has pledged support for women-led businesses in Malawi and seven other African countries through mentorship, access…
WB warns on gloomy economic outlook

WB warns on gloomy economic outlook

The World Bank says economic outlook offers little relief with growth projected at 1.9 percent in 2025, below the 2.6…
Banks target MPs for loan offerings

Banks target MPs for loan offerings

Commercial banks in the country are dangling credit facilities to the newly-inducted cohort for the 2025-2030 period. The loans include…
World bank facility  unlocks key imports

World bank facility  unlocks key imports

Reserve Bank of Malawi (RBM) Governor MacDonald Mafuta Mwale says local banks are now able to secure letters of credit…
Firms’ production capacity declines

Firms’ production capacity declines

Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says businesses are still failing to fully utilise their installed productive…
Fintech can unlock Malawi’s export potential—experts

Fintech can unlock Malawi’s export potential—experts

Financial and technology experts have said the rise of financial technology (fintech) innovation can help to unlock the country’s long-held…
Malawi economy loses ground to peers—IMF

Malawi economy loses ground to peers—IMF

The International Monetary Fund (IMF) says Malawi’s economy is losing ground to its regional peers as reform momentum stalls, inflation…
Chief Secretary says human capital key to MW2063 success

Chief Secretary says human capital key to MW2063 success

Chief Secretary to the Government Justin Said says human capital development as an enabler of Malawi 2063 (MW2063) needs to…
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