Business

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World Bank decries telecoms tax rates

World Bank decries telecoms tax rates

The World Bank has decried punitive tax rates governing the country’s information and communications technology (ICT) sector, a situation it…
Microfinance institutions credit growth up 53%

Microfinance institutions credit growth up 53%

The Reserve Bank of Malawi (RBM) says microfinance institutions registered a 53 percent growth in the just-ended year as loans…
Stock market return on investment drops

Stock market return on investment drops

Malawi Stock Exchange (MSE) return on investment (RoI) in 2019 dropped to four percent from 34.17 percent the year before,…
Commercial banks’ mixed fortunes in 2019

Commercial banks’ mixed fortunes in 2019

While the country’s business environment demonstrated sluggish performance in 2019, commercial banks seemed to have performed well in terms of…
Some listed firms expect good results

Some listed firms expect good results

Some Malawi Stock Exchange (MSE)-listed firms expect year-end profits to be above the previous year despite a slowdown in business…
MBL Holdings says it strives for business success

MBL Holdings says it strives for business success

MBL Holdings Limited managing director Leston Mulli says the firm strives for business success and job creation, adding that  is…
Cashless transactions on the rise, says RBM

Cashless transactions on the rise, says RBM

The year 2019 saw Malawi’s appetite for cashless transactions booming, with records showing continued growth in daily average volumes and…
SMES move to seize Export opportunity

SMES move to seize Export opportunity

National Small and Medium Enterprises (Nasme) has formed Nasme Exports and Imports to aggregate farm produce for export in Africa…
Malawi set to make progress in 2020—APM

Malawi set to make progress in 2020—APM

President Peter Mutharika has said in his New Year’s message Malawi is set to make progress this year after his…
ECA pledges support to strengthen African govts capacities

ECA pledges support to strengthen African govts capacities

The Economic Commission for Africa has said it will continue to work hard to support governments on the continent in…
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