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No policy yet for village banks—RBM
August 29, 2020
No policy yet for village banks—RBM
Reserve Bank of Malawi (RBM) says it has no policy regulating village savings and loan banks in the country. RBM…
Think-tank punches holes in MGDS III
August 29, 2020
Think-tank punches holes in MGDS III
The Malawi Growth and Development Strategy (MGDS III) suffered a myriad of setbacks that included lack of seriousness at formulation…
K100bn needed to Stablise maize prices
August 29, 2020
K100bn needed to Stablise maize prices
Treasury needs to inject at least K100 billion annually for buffer stock maize purchases if the price of the staple…
Mobile money operators shun rural areas—report
August 28, 2020
Mobile money operators shun rural areas—report
The Reserve Bank of Malawi (RBM) says mobile money operators continue to dominate in urban areas compared to rural, affecting…
Egenco upbeat on new Escom deal
August 28, 2020
Egenco upbeat on new Escom deal
Electricity Generation Company (Egenco) has expressed optimism that it would sign a new power purchase agreement (PPA) with Electricity Supply…
Minister blames cement scarcity on foreign exchange
August 27, 2020
Minister blames cement scarcity on foreign exchange
Minister of Trade Sosten Gwengwe has attributed the scarcity of cement in the country to shortage of foreign exchange, which…
Let the kwacha attain true value
August 27, 2020
Let the kwacha attain true value
Ever since the court-ordered June 23 Fresh Presidential Election which ushered in a new administration of President Lazarus Chakwera and…
Forex drought hits banks hard
August 26, 2020
Forex drought hits banks hard
Foreign exchange shortages in Authorised Dealer Banks (ADBs) are forcing commercial banks to ration the hard cash, The Nation has…
FDH Bank gives K14 million scanning machine to hospital
August 26, 2020
FDH Bank gives K14 million scanning machine to hospital
FDH Bank plc has donated an ultrasound scanning machine worth K14 million to Mwanza District Hospital. Speaking during the handover…
Cost of living down 12%, workers still bearing brunt
August 26, 2020
Cost of living down 12%, workers still bearing brunt
Despite the cost of living easing by 12 percent in the first six months of this year, the Centre for…