Business

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Insurance externalisation costs economy K26 billion

Insurance externalisation costs economy K26 billion

  Malawi has lost K26 billion (about $36 million) in insurance premiums between 2014 and 2017 due to insurance externalisation,…
Domestic revenue target unrealistic—Experts

Domestic revenue target unrealistic—Experts

  There is some doubt from economic commentators that Treasury will meet its domestic revenue target of K980 billion in…
Report unveils Illovo Malawi economic impact

Report unveils Illovo Malawi economic impact

  Illovo Sugar (Malawi) plc contribution to the economy in the 2016/17 financial year was recorded at K117 billion, which…
RBM list K5bn Treasury Note

RBM list K5bn Treasury Note

The Reserve Bank of Malawi (RBM) has today officially listed a two-year K5 billion Treasury Note—a marketable government debt security…
Ecama contradicts Goodall on borrowing

Ecama contradicts Goodall on borrowing

  An analysis by the Economics Association of Malawi (Ecama) has shown that the majority of public expenditure is channelled…
Insurance crucial for economic stability–Veep

Insurance crucial for economic stability–Veep

  Vice-President Saulos Chilima has said insurance services are essential for economic stability and accelerating achievement of the Sustainable Development…
Bank outlines inflation risks

Bank outlines inflation risks

  Malawi Stock Exchange (MSE)-listed National Bank of Malawi (NBM) has said stickiness in non-food inflation, which only declined by…
Tobacco growers expect good prices

Tobacco growers expect good prices

Tobacco growers in the country have expressed optimism in the crop fetching good prices at the auction due to low…
Private sector still owes NRWB K500m

Private sector still owes NRWB K500m

The Northern Region Water Board (NRWB) has recovered K600 million from the K1.1 billion debt that the private sector owed…
Tax issues force firm to relocate to DR Congo

Tax issues force firm to relocate to DR Congo

RIM Industries Limited, a Lilongwe-based beverages  manufacturer, is relocating to Democratic Republic of Congo (DRC) because it has not been…
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