Business
WordPress is a favorite blogging tool of mine and I share tips and tricks for using WordPress here.
NBS Bank H1 profit up 192% to K1.41bn
August 19, 2019
NBS Bank H1 profit up 192% to K1.41bn
NBS Bank plc has posted a 194 percent increase in after-tax profit to K1.41 in the half-year ending June 30…
Insurers told to adapt to change or crumble
August 19, 2019
Insurers told to adapt to change or crumble
With Malawi’s insurance penetration stuck at paltry 1.4 percent, a former insurance guru has advised firms to adapt to the…
Rising maize prices push up inflation to 9.3%
August 19, 2019
Rising maize prices push up inflation to 9.3%
Rising maize prices continue to put pressure on inflation, with latest figures showing a 0.3 percentage points increase in year-on-year…
Credit demand soars
August 17, 2019
Credit demand soars
The banking sector’s demand for loans and credit lines have increased amid declining bad loans, the Reserve Bank of Malawi…
MRA engages stakeholders on smuggling
August 17, 2019
MRA engages stakeholders on smuggling
The Malawi Revenue Authority (MRA) has engaged an extra gear in sensitising commnuties on the dangers of smuggling. Speaking in…
2018/19 fiscus peculiar—Treasury
August 16, 2019
2018/19 fiscus peculiar—Treasury
Ministry of Finance, Economic Planning and Development has described the 2018/19 Financial Year as ‘a bit of a peculiar’ in…
Pension assets up 11.8%
August 16, 2019
Pension assets up 11.8%
Assets in the pension sector increased by 11.8 percent to K801.1 billion over the past six months to June 2019,…
Tobacco buyers want 154 million kg in 2020
August 16, 2019
Tobacco buyers want 154 million kg in 2020
Tobacco buying companies have indicated that they are willing to buy 154.3 million kilogrammes (kgs) next year, three percent higher…
Growers speak on contract farming
August 16, 2019
Growers speak on contract farming
Tobacco farmers in the North have called for the abolishment of contract marketing of the crop, arguing they are not…
Why borrowing should be tamed
August 15, 2019
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…