Business

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Tobacco woes worsen in 2020

Tobacco woes worsen in 2020

Earnings from tobacco, the country’s main foreign exchange earner, have continued to decline over the years. This year, it was…
Fimda tips authorities on taming kwacha’s fall

Fimda tips authorities on taming kwacha’s fall

Financial Market Dealers Association (Fimda) has urged monetary authorities to maintain the balance between market supply and demand in the…
Covid-19 boosts digital payments

Covid-19 boosts digital payments

Malawi registered a boom in cashless or electronic transactions in 2020, largely due to the Covid-19 pandemic that saw people…
Inflation rate averages 8.7% in 11 months

Inflation rate averages 8.7% in 11 months

Malawi’s year-on-year headline inflation has averaged 8.7 percent between January and November this year, way below the average price recorded…
Current account deficit to widen—Nico Asset

Current account deficit to widen—Nico Asset

Malawi’s current account deficit is expected to widen in the next two years as imports and global fuel prices continue…
Shareholders cry foul over share price fall

Shareholders cry foul over share price fall

Minority shareholders of Malawi Stock Exchange (MSE)-listed firms have expressed worry over share value losses on most counters in 2020,…
2020: Nightmare for businesses

2020: Nightmare for businesses

Beginning January 2020, businesses were thriving amid the harsh political environment emanating from the disputed May 21 2019 presidential election.…
Malawi’s NDCs ready by March

Malawi’s NDCs ready by March

Being party to the 2015 Paris Agreement a global framework for limiting climate-damaging gases Malawi was scheduled to submit her…
Money supply situation not inflationary—RBM

Money supply situation not inflationary—RBM

The Reserve Bank of Malawi (RBM) has played down fears of a possible inflation surge in view of the current…
Bus terminal automation to improve efficiency—council

Bus terminal automation to improve efficiency—council

Blantyre City Council has touted the planned automation and improvement of bus terminals in Limbe and Mibawa in Blantyre, saying…
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