Business

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To First Capital Bank’s 30 years of belief, resilience

To First Capital Bank’s 30 years of belief, resilience

 From humble beginnings in 1995 with a single branch in Delamere House in Blantyre and $1 million (about K1.7 billion)…
 Grants inflows set to decline by 61.8%—AfDB

 Grants inflows set to decline by 61.8%—AfDB

Malawi’s actual grant disbursements will fall short by 61.8 percent of the target in the 2025/26 financial year following aid…
Investors divided on Eurobond investment

Investors divided on Eurobond investment

A renewed call by the International Monetary Fund (IMF) for African countries to tap international capital markets through Eurobonds has…
Mining regulator hits at non-compliant firms

Mining regulator hits at non-compliant firms

Fifty-five mining exploration applications are earmarked for removal from the Mining and Minerals Regulatory Authority management and tracking system for…
Deposit insurance cover jumps 200%

Deposit insurance cover jumps 200%

Deposit Insurance Corporation (DIC) says it is now offering insurance coverage of up to K3 million per depositor per bank,…
Tobacco generates K600bn, prices low

Tobacco generates K600bn, prices low

Tobacco earnings have hit $345 million (about K604 billion) 13 weeks into the 2025 Tobacco Marketing Season, with about 80…
Doubts over 70% electricity access

Doubts over 70% electricity access

Malawi’s ambition to increase electricity access from the current 25.9 percent to 70 percent by 2030 has been described as…
Players urge speedy action on Malawi’s ailing economy

Players urge speedy action on Malawi’s ailing economy

Key economic players have urged speedy action to fix the country’s ailing economy in the first 100 days after the…
Malawi’s producer prices up 37.6% in Q1

Malawi’s producer prices up 37.6% in Q1

Malawi’s producer prices rose by 37.6 percent in the first quarter (Q1) of 2025 driven by soaring food processing cost…
Blantyre Hotels back to profitability

Blantyre Hotels back to profitability

Blantyre Hotels (BHL) plc is expecting up to K3.5 billion profit in first half (H1) after two years of loss-making…
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