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‘Reference rate could decline further’

‘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

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

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’

‘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

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

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

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

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

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

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…
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