Business
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‘Reference rate could decline further’
February 24, 2020
‘Reference rate could decline further’
Commercial bank’s reference rate may moderate to about or below 12 percent in the short-term due to the continued lower…
NBM eyes 75% stake in Tanzania bank
February 24, 2020
NBM eyes 75% stake in Tanzania bank
In its bid to expand business operations beyond Malawi borders, National Bank of Malawi (NBM) plc has reached final stages…
Stability could ease pressure on foreign debt
February 22, 2020
Stability could ease pressure on foreign debt
Lilongwe based economist Salim Mapila says now that the country has assumed a flexible exchange rate regime, it is important…
‘Expenditure slows poverty fight’
February 22, 2020
‘Expenditure slows poverty fight’
The Economics Association of Malawi (Ecama) says the current low development expenditure has high potential to undermine eradication of extreme…
Second compact preparations on track—MCC
February 21, 2020
Second compact preparations on track—MCC
The United States government’s Millennium Challenge Corporation (MCC) country director for Malawi Joel Wiegert says the current political situation is…
FDH advances on listing plans
February 21, 2020
FDH advances on listing plans
FDH Financial Holdings Limited has said plans to list its subsidiary FDH Bank on the 14-counter Malawi Stock Exchange (MSE)…
Declining food price Eases inflation rate
February 21, 2020
Declining food price Eases inflation rate
Declining food prices eased January inflation by 0.4 percentage point from 11.5 percent recorded in December to 11.1 percent in…
Unclear laws blamed on some tax violations
February 21, 2020
Unclear laws blamed on some tax violations
Lack of clarity of some taxation laws are leading to misinterpretation of texts of some provisions in the Taxation Act,…
Why some State enterprises fail to tick
February 20, 2020
Why some State enterprises fail to tick
When it comes to doing business, many governments or the public sector have not been known to be good entrepreneurs.…
Planning Commission set to host development meet
February 20, 2020
Planning Commission set to host development meet
National Planning Commission (NPC) says it will hold a development conference in April to get a wider array of Malawians…