Business

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More banks cut base lending rates

More banks cut base lending rates

  More commercial banks continue to react to the recent cut in policy rate—the rate at which commercial banks borrow…
Masm should give customers options

Masm should give customers options

Effective September 1 the Medical Aid Society of Malawi (Masm), the country’s dominant provider of health insurance, has raised its…
Commodity prices give farmers raw deal

Commodity prices give farmers raw deal

  While traders and other businesspeople continue to benefit from agricultural commodities prices, growers on the eother hand have described…
BWB clarifies consumers’fears on pre-paid billing

BWB clarifies consumers’fears on pre-paid billing

In this interview, Our Reporter LLOYD CHITSULO engages Blantyre Water Board (BWB) public affairs officer PRISCILLA MATEYU to clarify on…
TNM, FMB partnership to enhance financial inclusion

TNM, FMB partnership to enhance financial inclusion

TNM plc, an integrated mobile network and ICT service provider, on Monday partnered FMB plc, one of the country’s banks…
Nico Asset forecasts better budget implementation

Nico Asset forecasts better budget implementation

Implementation of the 2017/18 National Budget is expected to be better than the previous fiscal year buoyed by resumption of…
Corruption, labour deficit Hamper business—report

Corruption, labour deficit Hamper business—report

Corruption and lack of skilled and semi-skilled workers continue to impact on Malawi’s business environment, thereby thwarting efforts to attract…
K1bn brick-making plant opens in Lilongwe

K1bn brick-making plant opens in Lilongwe

Former Minister of Lands, Housing and Urban Development Atupele Muluzi on Thursday opened a $1.5 million (about K1 billion) durabric…
NBS Bank raises K11.8bn capital in rights issue

NBS Bank raises K11.8bn capital in rights issue

NBS Bank plc, a subsidiary of Nico Holdings Limited plc, has raised K11.8 billion (about $16.2 million) capital through rights…
June inflation rate down to 11.3%—NSO

June inflation rate down to 11.3%—NSO

Reduced food prices have continued to push down inflation, with the rate for June 2017 recorded at 11.3 percent from…
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