Business
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Insurance externalisation costs economy K26 billion
March 1, 2018
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
February 28, 2018
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
February 28, 2018
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
February 26, 2018
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
February 26, 2018
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
February 26, 2018
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
February 26, 2018
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
February 24, 2018
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
February 23, 2018
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
February 23, 2018
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…