Business

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Tea output up

Tea output up

Two years after output of the country’s second foreign exchange earner, tea, has been on a downward spiral, production of…
Cholera outbreak slows down tourism business

Cholera outbreak slows down tourism business

Tourism sector in the country is feeling the pinch of the cholera outbreak in the Common Market for Eastern and…
AfDB says Africa employment growth is only half of output growth

AfDB says Africa employment growth is only half of output growth

The African Development Bank says sustained growth on the continent should create jobs, which drive poverty reduction and make growth…
Agro sector output to rebound in 2018—RBM

Agro sector output to rebound in 2018—RBM

The Reserve Bank of Malawi (RBM) has said output of the agriculture sector will hit 7.1 percent in 2017 and…
Government to channel K31.82bn Japanese grant to agriculture

Government to channel K31.82bn Japanese grant to agriculture

Minister of Finance, Economic Planning and Development Goodall Gondwe has said government will channel the 4.8 billion yen (about K31.82…
Escom chucked off global financial ratings

Escom chucked off global financial ratings

Electricity Supply Corporation of Malawi (Escom) has been removed from credit rating list because it cannot continue paying after World…
What inflation rate really means

What inflation rate really means

  Inflation is one of the most economic terms widely used in the media, public discussions and political speeches. Politicians,…
Microfinance sector remains strong—RBM

Microfinance sector remains strong—RBM

  The country’s microfinance sector continues to remain strong in terms of profit, capital and liquidity despite being hit by…
Project to boost ethanol output

Project to boost ethanol output

  Two ethanol-producing firms are optimistic of dealing with constraints caused by the scarcity of molasses through the $100 million…
Council loses K600 000 revenue in four months

Council loses K600 000 revenue in four months

  Chiradzulu District Council has lost revenue about K600 000 in four months due to poor management, records show. One…
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