Business

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Govt won’t renew mine licence—minister

Govt won’t renew mine licence—minister

Ministry of Natural Resources, Energy and Mining has said it will not renew the operating licence of Ilomba Mining Company…
13 small businesses Get k382m boost

13 small businesses Get k382m boost

The Norwegian and United Nations Development Programme (UNDP) have given 13 local small businesses collectively K382 million  (about $520 000),…
RBM dares commercial banks to innovate

RBM dares commercial banks to innovate

Reserve Bank of Malawi (RBM) has challenged commercial banks and other financial institutions to come up with innovations that will…
Tobacco farmers sensitised to child labour, leaf grading

Tobacco farmers sensitised to child labour, leaf grading

In a bid to curb issues of child labour and poor tobacco leaf grading, AHL Tobacco Sales is monitoring and…
New firm dangles shares, seeks 500 000 investors

New firm dangles shares, seeks 500 000 investors

Malawians have a rare opportunity to own part of Rural Development Investment Initiative Trust (Rudevit), a firm geared to spearhead…
Ecama outlines inflation risks

Ecama outlines inflation risks

Economics Association of Malawi (Ecama) says the country needs to address supply side constraints relating to weather and other shocks…
World Bank faults Treasury on budget

World Bank faults Treasury on budget

The World Bank says optimistic growth assumptions, combined with the effects of natural disasters, have contributed to consistent deviations of…
Banks struggle with liquidity challenges in 2019

Banks struggle with liquidity challenges in 2019

Commercial banks seemingly faced liquidity challenges in the just ended year, resorting to access funds through Lombard Facility from the…
Pest attacks threaten tobacco output—farmers

Pest attacks threaten tobacco output—farmers

Some tobacco farmers in the Central Region have decried pest attacks on tobacco, which they fear will likely reduce the…
Growth risks still persist—NICO asset

Growth risks still persist—NICO asset

Investment advisory firm Nico Asset Managers has warned that economic growth risks still persist due to internal and external shocks.…
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