Business
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FDH bank lists on MSE
August 4, 2020
FDH bank lists on MSE
FDH Bank plc share price jumped by 50 percent to trade at K15 per share on the first day of…
NBS Bank turnaround strategy on track, profit up 102%
August 4, 2020
NBS Bank turnaround strategy on track, profit up 102%
NBS Bank plc, which has posted a 102 percent profit after-tax increase in the year ended June 30 2020, has…
Economists hail RBM stance on policy rate
August 4, 2020
Economists hail RBM stance on policy rate
Economists have commended the Reserve Bank of Malawi (RBM) for maintaining the policy rate at 13.5 percent, saying there is…
Industry cautions On new goods law
August 3, 2020
Industry cautions On new goods law
Some industry players have urged government to tread carefully on the operationalised Control of Goods Act, saying if not properly…
‘Illegal connections costing Escom money’
August 3, 2020
‘Illegal connections costing Escom money’
Electricity Supply Corporation of Malawi Limited (Escom) says it is losing millions of kwacha in uncollected reveneu due to illegal…
Commission, ministry talk sustainable industrialisation
August 3, 2020
Commission, ministry talk sustainable industrialisation
National Planning Commission (NPC) has stressed the need for a strong government policy to direct ministries, departments and agencies (MDAs)…
World Bank spells doom for banks
August 1, 2020
World Bank spells doom for banks
The World Bank says the Covid-19 pandemic is expected to increase levels of non-performing loans (NPL) due to liquidity challenges…
Access to finance choking MSMEs
August 1, 2020
Access to finance choking MSMEs
Majority of micro, small and medium enterprises (MSMEs) in the country are still failing to access finance despite the sector…
Minister courts SMEs in job creation drive
July 31, 2020
Minister courts SMEs in job creation drive
Minister of Labour Ken Kandodo says small and medium enterprises (SMEs) remain key to the country’s economic development and job…
Ministry revokes licences
July 31, 2020
Ministry revokes licences
Ministry of Trade has revoked all import and export licences following the operationalisation of the Control of Goods Act. Speaking…