Business

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EIU forecasts lower deficit by 2022

EIU forecasts lower deficit by 2022

Malawi’s budget deficit is expected to reduce to 2.6 percent by the 2021/22 financial year, United Kingdom-based Economist Intelligence Unit…
Contributory pension to double in five years—Treasury

Contributory pension to double in five years—Treasury

Ministry of Finance, Economic Planning and Development says it wants to increase coverage of contributory pension from eight percent to…
Investing in inequalities and poverty

Investing in inequalities and poverty

  To fail is a plan. If you don’t plan anything you are likely to fail. One can say you…
Escom busts illegal power connections in Lilongwe

Escom busts illegal power connections in Lilongwe

  Electricity Supply Corporation of Malawi (Escom) has embarked on a campaign to bust illegal connections, which are costing the…
Fiscal adjustments costly—analyst

Fiscal adjustments costly—analyst

Treasury’s failure to meet targets for domestic revenues and grants has the potential to affect provision of social services, Ecama…
Wholesale dominates share of credit at 28%—RBM

Wholesale dominates share of credit at 28%—RBM

    Economists have asked authorities not to be carried away by the notable dominance of the wholesale and retail…
Investment forum shouldn’t be a talking shop

Investment forum shouldn’t be a talking shop

Talking shop (noun): A place or group regarded as a centre of unproductive talk rather than action. Talking shop, according…
Treasury to double private sector credit

Treasury to double private sector credit

  Bankers Association of Malawi (BAM), a representative body of commercial banks,  has welcomed Treasury’s plans to double credit to…
Malawi FDI inflows unstable—Report

Malawi FDI inflows unstable—Report

  Malawi’s foreign direct investments (FDI)—the flow of capital between countries—have been fluctuating in the recent past, despite various ambitious…
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