Business
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SMEs revive interest rates capping debate
December 19, 2019
SMEs revive interest rates capping debate
Some Small and Medium Enterprises (SMEs) have called for interest capping, saying current interest rates are too high for small…
RBM stops budget Deficit financing
December 19, 2019
RBM stops budget Deficit financing
The Reserve Bank of Malawi (RBM) has intensified unwinding of its holdings of government securities in line with the RBM…
Inflation back to double digit
December 18, 2019
Inflation back to double digit
Malawi’s headline inflation inched up by 0.8 percentage points to 10.4 percent in November as food prices continued biting hard, a…
Banks complying with global standards—IMF
December 18, 2019
Banks complying with global standards—IMF
International Monetary Fund (IMF) has praised the country’s nine commercial banks for complying with the International Financial Reporting Standards (Ifrs9)…
Botomani touts ICT as enabler for service delivery
December 18, 2019
Botomani touts ICT as enabler for service delivery
Minister of Information, Civic Education and Communications Technology Mark Botomani says government is committed to ensuring that the country reaps…
Players differ on benefits of macroeconomic stability
December 17, 2019
Players differ on benefits of macroeconomic stability
Economic players have differed on the tickle-down effect of macroeconomic stability characterised by low inflation and interest rates and a…
Microfinance Network urges caution on credit access
December 17, 2019
Microfinance Network urges caution on credit access
Malawi Microfinance Network (MFN) has advised Malawians to take advantage of the formal credit opportunities whenever they want to access…
World Bank raises alarm on rising debt
December 17, 2019
World Bank raises alarm on rising debt
Malawi’s total value of domestic debt stock has now exceeded that of external debt, putting the country at risk of…
World Bank warns of stable Kwacha
December 16, 2019
World Bank warns of stable Kwacha
The World Bank has warned that the continued stability of the local currency could be a recipe for trouble as…
Mpatamanga plant could solve power woes—minister
December 16, 2019
Mpatamanga plant could solve power woes—minister
Construction of the proposed $1 billion (about K740 billion) 350 megawatt (MW) Mpatamanga Hydropower Plant will be key in meeting…