Business

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Tobacco earnings up 48% above last year so far

Tobacco earnings up 48% above last year so far

  Earnings from tobacco, the country’s main cash crop that contributes about 60 percent to foreign exchange earnings, have so…
MBS warned against compromising standards

MBS warned against compromising standards

  Minister of Industry, Trade and Tourism Henry Mussa has warned Malawi Bureau of Standards (MBS) against compromising standards following…
Economy to sustain solid growth—RBM

Economy to sustain solid growth—RBM

  Amid power outages that have subdued economic growth, the Reserve Bank of Malawi (RBM) says the country’s economy is…
Institute of Bankers drums up financial inclusion agenda

Institute of Bankers drums up financial inclusion agenda

  The Institute of Bankers in Malawi (IoB) says despite most people being poor and working in the informal sector,…
Tempers flare at mining meet in Mangochi

Tempers flare at mining meet in Mangochi

  Tempers flared at a mining meeting in Mangochi last week as chiefs and members of the community expressed dissatisfaction…
CFTC settles unjust trading cases, fines Castel

CFTC settles unjust trading cases, fines Castel

  The Competition and Fair Trading Commission (CFTC) has resolved cases relating to unfair trading practices, anti-competitive business conducts and…
Credit, liquidity risk hit local banks—RBM

Credit, liquidity risk hit local banks—RBM

  A stress test by the Reserve Bank of Malawi (RBM) on the country’s nine commercial banks has found that…
Malawi-intra Africa trade gap widens

Malawi-intra Africa trade gap widens

The negative trade gap between Malawi and regional trade blocs such as Common Market for Eastern and Southern Africa (Comesa)…
Tobacco rakes in K226 billion amid low prices

Tobacco rakes in K226 billion amid low prices

Three weeks before the closure of the 2018 tobacco marketing season, Malawi has earned $310.1 (about K226 billion) from the…
Leather SMEs want govt to stop importing police boots

Leather SMEs want govt to stop importing police boots

Small and medium enterprises (SMEs) in the leather sector have asked the government to stop imports of police shoes so…
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