Business
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IMF says digital key to economic growth
November 22, 2019
IMF says digital key to economic growth
International Monetary Fund (IMF) says developing economies, including Malawi, can turn their economic misfortunes by investing as well as reforming…
‘Science week for solutions to economic woes’
November 22, 2019
‘Science week for solutions to economic woes’
University of Malawi’s Chancellor College lecturer in the Department of Chemistry Chikondi Shaba says Malawi is on course to groom…
Free trade area: When all that glitters ain’t gold
November 21, 2019
Free trade area: When all that glitters ain’t gold
Promoters of the African Continental Free Trade Area (AfCFTA), which seeks to promote intra-Africa trade while accelerating regional integration, tout…
Treasury sticks to5% GDP target
November 21, 2019
Treasury sticks to5% GDP target
Ministry of Finance, Economic Planning and Development has maintained that the economy will this year grow by five percent regardless…
Malawi less competitive on trade, says report
November 20, 2019
Malawi less competitive on trade, says report
A recent report has found that industries in Malawi and other African countries have become less competitive in terms of…
‘Free trade area to cost malawi k8bn’
November 20, 2019
‘Free trade area to cost malawi k8bn’
Malawi could lose about $11 million a year (K8 billion) in revenue due to the expected liberalisation of tariffs under…
Food prices put pressure on inflation, now at 9.6%
November 20, 2019
Food prices put pressure on inflation, now at 9.6%
Malawi’s year-on-year headline inflation for October 2019 quickened by 0.4 percentage points to 9.6 percent pushed up by the rise…
Tobacco hit by declining global demand—minister
November 19, 2019
Tobacco hit by declining global demand—minister
Minister of Agriculture, Irrigation and Water Development Kondwani Nankhumwa has admitted that tobacco, the country’s main foreign exchange earner, continues…
RBM cautious on digital currencies
November 19, 2019
RBM cautious on digital currencies
The Reserve Bank of Malawi (RBM) says it remains cautious on the ongoing demand for the adoption of cryptocurrencies (digital…
AfDB invests $50m equity in infrastructure firm
November 19, 2019
AfDB invests $50m equity in infrastructure firm
African Development Bank (AfDB) Group, Africa’s highest investment-grade rated (AAA) finance institution, has invested $50 million (about K37 billion) in…