Business

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Why the capital Market is stagnant

Why the capital Market is stagnant

  Capital markets— marketplace where buyers and sellers can engage in and trade in financial securities—for both debt and equity…
LWB’s non-revenue water loss hits K4bn

LWB’s non-revenue water loss hits K4bn

  Lilongwe Water Board (LWB) loses in excess of  K4 billion  in non-revenue water annually due to illegal connections, officials…
Less malawians qualify For mortgage—report

Less malawians qualify For mortgage—report

  Less than one percent of Malawians qualify for a mortgage—a debt instrument secured by the collateral of specified real…
Economic empowerment policy ready for Cabinet

Economic empowerment policy ready for Cabinet

  Ministry of Industry, Trade and Tourism says the draft National Economic Empowerment Policy (Neep) is ready for presentation to…
Malawi to join Sapp in 2020, says minister

Malawi to join Sapp in 2020, says minister

  Minister of Natural Resources, Energy and Mining Aggrey Massi says Malawi is expected to be an operating member of…
Inequality on the rise, say economists

Inequality on the rise, say economists

  Malawi’s dual economy—the existence of two separate economic sectors in one economy—has not helped to improve income inequality, economists…
ODPP to change into disposal of assets authority

ODPP to change into disposal of assets authority

  The Office of the Director of Public Procurement (ODPP) will transform into the Public Procurement and Disposal of Asset…
Unit Trust funds hit K20bn

Unit Trust funds hit K20bn

  Old Mutual Unit Trust, a subsidiary of Malawi Stock Exchange (MSE) -listed Old Mutual Plc, says it has registered…
The rising external debt

The rising external debt

  Malawi’s external debt stock has risen to 20 percent of the gross domestic product (GDP) as at June 2017…
FMB obtains approval for Opportunity Bank acquisition

FMB obtains approval for Opportunity Bank acquisition

  FMB Bank (FMB) has confirmed that it has received all regulatory approvals to proceed with its acquisition and merger…
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