Business
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CSOs call for transparency in public sector contracts
July 22, 2020
CSOs call for transparency in public sector contracts
The Open Contracting Multi-Stakeholders Group has called for transparency and accountability in the award of government contracts. Speaking to journalists…
RBM cautious on monetary policy stance
July 22, 2020
RBM cautious on monetary policy stance
The Reserve Bank of Malawi (RBM) says it is monitoring the market and will continue to make prudent decisions to…
FDH group profit up 18% to K5.8bn
July 21, 2020
FDH group profit up 18% to K5.8bn
FDH Financial Holdings Limited, the parent company of FDH Bank, has posted a half-year profit of K5.87 billion, an 18…
Govt to boost fuel reserves in 5 years
July 21, 2020
Govt to boost fuel reserves in 5 years
Minister of Energy Newton Kambala says government wants to increase the country’s strategic fuel reserves from 60 days to 180…
Investment advisory firm sees bleak future
July 21, 2020
Investment advisory firm sees bleak future
Investment advisory firm Nico Asset Managers has warned that the economy faces downside risks due to the Covid-19 pandemic, weather…
Economic recession looms—NBM plc
July 20, 2020
Economic recession looms—NBM plc
National Bank of Malawi (NBM) plc says there are fears that the economy could slip into recession this year as…
‘Mobile money tax limiting demand’
July 18, 2020
‘Mobile money tax limiting demand’
The Global System for Mobile Communications (GSMA) says the country’s mobile money penetration has further room for growth despite its…
Economic goals under threat
July 18, 2020
Economic goals under threat
Economics Association of Malawi (Ecama) says Malawi’s chances of attaining the middle-income status could be thwarted if the low growth…
New Jica chief speaks on economy, Covid-19
July 17, 2020
New Jica chief speaks on economy, Covid-19
Newly-appointed Japanese International Corperation Agency (Jica) Malawi chief representative Wada Yoshikazu has said Covid-19 pandemic creates a great concern on…
AHL Group to pilot e-marketing of tobacco
July 17, 2020
AHL Group to pilot e-marketing of tobacco
AHL Group, managers of tobacco markets, has revealed plans to pilot e-marketing of tobacco towards the end of this year’s…