Business
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Bad debts impact FDH Bank profitability
May 1, 2018
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
May 1, 2018
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
April 30, 2018
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
April 30, 2018
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
April 28, 2018
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
April 28, 2018
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
April 27, 2018
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
April 27, 2018
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
April 27, 2018
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
April 27, 2018
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…