Business

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Local businesses decry investor capital ceiling

Local businesses decry investor capital ceiling

Small and Medium Enterprises (SMEs) say the current minimum investment capital of not less than $50 000 (about K37 million)…
H1 budget deficit Jumps to k165.7bn

H1 budget deficit Jumps to k165.7bn

Treasury has recorded a deficit of K165.7 billion or about four percent of gross domestic product (GDP) in the first…
Law cracks down on non-compliant tobacco groups

Law cracks down on non-compliant tobacco groups

Implementation of the new Tobacco Industry Act 2019 has reduced the number of tobacco associations from 40 to five, Tobacco…
Positive earnings news push up stock prices

Positive earnings news push up stock prices

Stock prices of some counters in the banking and real estate sectors have picked up in anticipation of positive year-end…
Manage expenditure pressure—World Bank

Manage expenditure pressure—World Bank

The World Bank has advised Treasury to carefully manage increased expenditure pressures ahead of the fresh presidential election this year…
RBM tightens cyber security risks for banks

RBM tightens cyber security risks for banks

The Reserve Bank of Malawi (RBM) has tightened cyber security risks for commercial banks by issuing new information and cyber…
MBS regional accreditation to enhance trade—officials

MBS regional accreditation to enhance trade—officials

Officials have touted the accreditation of Malawi Bureau of Standards (MBS) by Southern African Development Community Accreditation Services (Sadcas) in…
Cost of living up 8.7%—study

Cost of living up 8.7%—study

The cost of living, which is the cost of maintaining a certain standard of living, has risen by 8.7 percent…
Aicc urges farmers to sell crops in bulk

Aicc urges farmers to sell crops in bulk

The African Institute for Corporate Citizenship (Aicc) has challenged farmers to form groups for crop aggregation before selling to get…
Ecam faults treasury On funding priorities

Ecam faults treasury On funding priorities

Employers Consultative Association of Malawi (Ecam), a representative body of employers, has faulted Treasury for concentrating on non-developmental sectors in…
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