Business
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Nampak fires half of its employees
April 11, 2018
Nampak fires half of its employees
Nampak Malawi, the country’s largest diversified packaging manufacturer, has retrenched more than half of its workforce, citing turbulent economic environment…
ATMs not only for cash withdrawals—report
April 11, 2018
ATMs not only for cash withdrawals—report
More people are still not aware that they can use automated teller machines (ATMs) for other transactions apart from…
Vendors duping farmers, buying crop at low prices
April 10, 2018
Vendors duping farmers, buying crop at low prices
Some vendors in some cotton-growing districts have started buying the crop from unsuspecting farmers, taking advantage of the delayed opening…
Retail maize prices fall in March
April 10, 2018
Retail maize prices fall in March
Maize prices declined by four percent in March 2018 ahead of the 2017/18 harvesting season, International Food Policy Research Institute…
RBM explains weak private sector credit
April 10, 2018
RBM explains weak private sector credit
The Reserve Bank of Malawi (RBM) has attributed softening private sector credit to a weak macroeconomic environment and increasing public…
NFB explains loss, plans expansion
April 9, 2018
NFB explains loss, plans expansion
New Finance Bank (NFB) has attributed the loss it made in the year ending December 31 2017 to investments…
Pensions: RBM to name and shame defaulters
April 9, 2018
Pensions: RBM to name and shame defaulters
The Reserve Bank of Malawi (RBM) has warned that it will name and shame companies that are not remitting…
Kwacha remains firm
April 7, 2018
Kwacha remains firm
The Reserve Bank of Malawi (RBM) along with some economic commentators have said the slight depreciation of the local unit…
Arrears threatens fiscal position—IMF
April 7, 2018
Arrears threatens fiscal position—IMF
The International Monetary Fund (IMF) has said continued accumulation of private sector arrears by government puts the government at a…
Economist tips government on sustaining low inflation
April 7, 2018
Economist tips government on sustaining low inflation
An economist at the pan-African policy think-tank African Institute for Development Policy (Afidep) Salim Mapila has urged government to be…