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Savings rate remains unchanged at 4.58%

Savings rate remains unchanged at 4.58%

The reduction in policy rate in May this year by 100 basis points to 13.5 percent is yet to impact…
Why borrowing should be tamed

Why borrowing should be tamed

It is the same old story. That was my reaction to sentiments expressed by World Bank Malawi country manager Greg…
Global economic outlook threatens stability—RBM

Global economic outlook threatens stability—RBM

The Reserve Bank of Malawi (RBM) says risks to global economic outlook could threaten the country’s financial stability in the…
Firm pledges geothermal energy technical support

Firm pledges geothermal energy technical support

Toshiba, a Japanese multinational conglomerate, has pledged to support geothermal energy development in Malawi by offering a scholarship to one…
RBM sees mining growth at 5.8%

RBM sees mining growth at 5.8%

Mining and quarrying sectors are projected to grow by 5.8 percent in 2020 up from the current 3.6 percent projection…
Committee against fiscal wastage, corruption

Committee against fiscal wastage, corruption

Budget and Finance Committee of Parliament has asked Treasury to ensure that the 2019/20 National Budget is people-centred with no…
Election challenges dampen PCL profit

Election challenges dampen PCL profit

Dual-listed conglomerate Press Corporation plc has posted a 52 percent drop in first half profit after-tax to K11.1 billion from…
Demand pushes up maize prices

Demand pushes up maize prices

Famine Early Warning Systems Network (FewsNet) has projected that maize prices will continue to rise above average due to demand…
Grand Business Park creates jobs for youths

Grand Business Park creates jobs for youths

The Grand Business Park, which is under construction in Lilongwe, has created job opportunities for the youth, including graduates from…
TC advises growers to apply for quota uplifts

TC advises growers to apply for quota uplifts

Tobacco Commission (TC) has advised growers who produced beyond their allocated quota to apply for quota uplifts, but warned they…
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