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Firm doubts RBM inflation target

Firm doubts RBM inflation target

Nico Asset Managers, an investment advisory firm, has doubted optimism by the Reserve Bank of Malawi (RBM) over the expected…
EIU downgrades Malawi’s economic growth to 4.9%

EIU downgrades Malawi’s economic growth to 4.9%

Economist Intelligence Unit (EIU) has revised downwards the country’s economic growth projection for 2019 to 4.9 percent from Treasury’s initial…
Treasury moves to shift budget focus

Treasury moves to shift budget focus

Treasury says it is mulling over preparing an investment-oriented budget, which will be a complete departure from a heavily consumption…
Old Mutual Unit Trust ventures into offshore investment

Old Mutual Unit Trust ventures into offshore investment

Old Mutual Unit Trust has approved a proposal by its shareholders to start offshore investments, which is the keeping of…
Committee sees new price stabilising maize market

Committee sees new price stabilising maize market

The Parliamentary Committee on Agriculture says maize traders have more staple grain than Admarc, observing that the increase in maize…
TC to get tough On auction system

TC to get tough On auction system

Tobacco Commission (TC) says the auction system of selling tobacco will now be subjected to strict compliant issues just like…
Sadc to focus on intra-trade, industrialisation

Sadc to focus on intra-trade, industrialisation

Vice-President Everton Chimulirenji says the country stands to benefit in various ways from Sadc following some resolutions made on intra-trade,…
NBS Bank H1 profit up 192% to K1.41bn

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

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%

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…
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