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Bad debts impact FDH Bank profitability

Bad debts impact FDH Bank profitability

FDH Bank has posted a consolidated loss after-tax of K343 million for the year ended December 31 2017, which is…
Firms say not ready for free trade area

Firms say not ready for free trade area

The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says local businesses are not yet ready for the African…
Pension, insurance not given priority—RBM

Pension, insurance not given priority—RBM

Reserve Bank of Malawi (RBM) Governor Dalitso Kabambe has expressed concern over low priority given to pension and insurance in…
Ministry wants informal sector formalised to create jobs

Ministry wants informal sector formalised to create jobs

Minister of Labour, Youth, Sports and Manpower Development Francis Kasaila has called for proper collaboration and coordination among stakeholders to…
Mejn queries tax incentives

Mejn queries tax incentives

The Malawi Economic Justice Network (Mejn) has faulted various tax incentives in the country aimed at attracting foreign direct investments…
Power outages costing firms K2 million per week

Power outages costing firms K2 million per week

The energy crisis rocking the country is having a huge effect on job creation as some firms are forced to…
Forex externalisation Costs malawi k5.4bn

Forex externalisation Costs malawi k5.4bn

Malawi has between January and November 2017 lost $7.4 million (about K5.4 billion) due to illegal foreign exchange externalisation, an…
Untapped export potential costs Malawi K246bn a year

Untapped export potential costs Malawi K246bn a year

  Malawi is yet to exploit its untapped export potential across diverse products, estimated at $333.5 million (K246 billion), a…
Corruption should worry everyone

Corruption should worry everyone

  There is one thing about corruption that is often ignored. It suppresses creativity, forces honest players in business and…
NBS Bank plc trims loss to K1.1 billion

NBS Bank plc trims loss to K1.1 billion

  NBS Bank plc seems to have turned the corner as it has trimmed its loss by about 74 percent…
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