Business
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NBM partners Growth Africa to support start-ups
July 31, 2020
NBM partners Growth Africa to support start-ups
National Bank of Malawi (NBM) plc has teamed up with Growth Africa and mHub, a technology and innovation hub, to…
Treasury faulted on domestic borrowing
July 30, 2020
Treasury faulted on domestic borrowing
Ministry of Finance has shifted the country’s domestic debt holdings from short-term Treasury bills (T-bills) to long-term but expensive Treasury…
‘Tax reforms key to boosting revenue’
July 30, 2020
‘Tax reforms key to boosting revenue’
The international Monetary Fund (IMF) says tax reforms in revenue administration and tax policy are key to improving tax collection.…
Investors okay FDH bank IPO
July 29, 2020
Investors okay FDH bank IPO
FDH Bank Initial Public Offer (IPO) which closed on July 17, has received positive response from investors, with a 2.1…
Minister outlines job creation plan
July 29, 2020
Minister outlines job creation plan
Minister of Labour Ken Kandodo says government has come up with a road map for job creation, which includes setting…
Tobacco growers lose case against regulator
July 29, 2020
Tobacco growers lose case against regulator
The High Court in Lilongwe has rejected an application by 10 tobacco growers from Dowa who sought to stop the…
Dwasco Sacco surplus jumps 9.2% to K83m
July 28, 2020
Dwasco Sacco surplus jumps 9.2% to K83m
Dwangwa Sugar Company Savings and Credit Cooperative (Dwasco Sacco) has posted K83 million after-tax surplus in the year-ended December 2019,…
Fresh push for tourism waivers
July 28, 2020
Fresh push for tourism waivers
Malawi Tourism Council (MTC), a grouping of tourism industry players, has made a fresh push for waivers from government, including…
Group calls for Covid-19 moratorium extension
July 28, 2020
Group calls for Covid-19 moratorium extension
A local economic think-tank has asked the Reserve Bank of Malawi (RBM) and commercial banks to consider extending the three-month…
Germany, Malawi sign K24bn financial pact
July 27, 2020
Germany, Malawi sign K24bn financial pact
Germany has given the Malawi Government 28.1 million euro (about K24 billion) to support the reform agenda and fight against…