Business

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ICT vital to economic development, says Ictam

ICT vital to economic development, says Ictam

  Information and Communication Technologies Association of Malawi (Ictam) says at a time of slowed growth and continued volatility, ICT…
Illovo mulls Over rights issue

Illovo mulls Over rights issue

  Illovo Sugar (Malawi) Plc board says it will discuss the possibility of rights issue to finance its outstanding debt…
Non-performing loans on the rise

Non-performing loans on the rise

Malawi’s level of non-performing loans (NPL) has risen to above the regulatory benchmark of five percent, standing at 19 percent…
Treasury bill yields drop to 15.3%

Treasury bill yields drop to 15.3%

Treasury bill (T-bills) rates—one of the determinants of commercial bank interest rates—fell on all tenors in September compared to the…
Capitalise on food import bill, Fanrpan urges MW

Capitalise on food import bill, Fanrpan urges MW

Malawi’s agricultural sector could be transformed into a wealth creation vehicle and increase productivity if the country takes advantage of…
Counting costs of electricity cuts

Counting costs of electricity cuts

If you follow Malawians on the social media, it is apparent events in Zimbabwe generated a lot of interest. It…
Contain budget Deficits—world bank

Contain budget Deficits—world bank

The World Bank has urged Malawi to sustain the macroeconomic stability and contain budget deficits to ensure the country catches…
KPMG touts its services, says operates with integrity

KPMG touts its services, says operates with integrity

KPMG, an audit, tax and business advisory firm, has touted its services, saying it operates with a high sense of…
Firm moves to revamp dying cotton sector

Firm moves to revamp dying cotton sector

Malawi Cotton Company, a Chinese firm, in collaboration with Cotton Council of Malawi have engaged an extra gear to revamp…
Power outages threaten manufacturing growth

Power outages threaten manufacturing growth

The manufacturing sector is set to face subdued growth thanks to the prolonged power outages, economists have said. The sector,…
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