Business
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Covid-19 to worsen Poverty levels—report
June 24, 2020
Covid-19 to worsen Poverty levels—report
The International Food Policy Research Institute (Ifpri) says an estimated 1.1 million Malawians have fallen into the poverty trap two…
Regional integration critical amid Covid-19—ministry
June 24, 2020
Regional integration critical amid Covid-19—ministry
Ministry of Industry and Trade says the Covid-19 pandemic has strengthened the case and need for regional economic integration and…
Sunbird moves to contain risks
June 23, 2020
Sunbird moves to contain risks
Sunbird Tourism plc says it has appropriate structures in place to ensure adequate responses to emerging risks in its operating…
CfSC, MCTU say K35 000 minimum wage unrealistic
June 23, 2020
CfSC, MCTU say K35 000 minimum wage unrealistic
Centre for Social Concern (CfSC) and the Malawi Congress of Trade Unions (MCTU) have faulted Treasury for not adjusting the…
FDI to fall 40% In 2020—report
June 23, 2020
FDI to fall 40% In 2020—report
Malawi is expected to register a 40 percent drop in Foreign Direct Investment (FDI) this year largely due to the…
Admarc seeks money for recapitalisation
June 22, 2020
Admarc seeks money for recapitalisation
The Agricultural Development and Marketing Corporation (Admarc) says it needs $300 million (about K222 billion) for recapitalisation to ensure seamless…
Remittances drop 33% in 5 months
June 22, 2020
Remittances drop 33% in 5 months
Malawi has recorded a 33 percent drop in remittances from its citizens working or living abroad to $78.96 million (about…
Icam cautions Treasury on borrowing
June 22, 2020
Icam cautions Treasury on borrowing
The Institute of Chartered Accountants in Malawi (Icam) has warned Treasury that increased borrowing in the 2020/21 fiscal year will…
IMF tips treasury on debt
June 20, 2020
IMF tips treasury on debt
The International Monetary Fund (IMF) says prudent fiscal management is needed to maintain macroeconomic sustainability. IMF resident representative Farayi Gwenhamo…
Traders fault policies on poor performance
June 19, 2020
Traders fault policies on poor performance
The National Working Group on Trade Association says lack of diversification and politicisation of trade policies is stiffing trade activities…