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WB warns on gloomy economic outlook

WB warns on gloomy economic outlook

The World Bank says economic outlook offers little relief with growth projected at 1.9 percent in 2025, below the 2.6…
Banks target MPs for loan offerings

Banks target MPs for loan offerings

Commercial banks in the country are dangling credit facilities to the newly-inducted cohort for the 2025-2030 period. The loans include…
World bank facility  unlocks key imports

World bank facility  unlocks key imports

Reserve Bank of Malawi (RBM) Governor MacDonald Mafuta Mwale says local banks are now able to secure letters of credit…
Firms’ production capacity declines

Firms’ production capacity declines

Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says businesses are still failing to fully utilise their installed productive…
Fintech can unlock Malawi’s export potential—experts

Fintech can unlock Malawi’s export potential—experts

Financial and technology experts have said the rise of financial technology (fintech) innovation can help to unlock the country’s long-held…
Malawi economy loses ground to peers—IMF

Malawi economy loses ground to peers—IMF

The International Monetary Fund (IMF) says Malawi’s economy is losing ground to its regional peers as reform momentum stalls, inflation…
Chief Secretary says human capital key to MW2063 success

Chief Secretary says human capital key to MW2063 success

Chief Secretary to the Government Justin Said says human capital development as an enabler of Malawi 2063 (MW2063) needs to…
NBM Development Bank secures K2bn grant from Scottish govt

NBM Development Bank secures K2bn grant from Scottish govt

NBM Development Bank Limited, a development finance institution owned by National Bank of Malawi (NBM) plc, has secured a £900…
Tax revenue to budget shrinks

Tax revenue to budget shrinks

Malawi Revenue Authority (MRA) data shows that tax revenue contributions to the national budget continues to shrink, with the 2024/25…
MSME Act to grow enterprises, says official

MSME Act to grow enterprises, says official

Ministry of Industrialisation, Business, Trade and Tourism director of small and medium enterprises and cooperatives Limbikani Kachiwaya says the Micro,…
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