Business

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FDH bank lists on MSE

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%

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

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

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’

‘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

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

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

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

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

Ministry revokes licences

Ministry of Trade has revoked all import and export licences following the operationalisation of the Control of Goods Act. Speaking…
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