Business
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Waiting for competition in banking sector
July 13, 2017
Waiting for competition in banking sector
Until 1995 when First Merchant Bank (FMB) joined the fray as the country’s third commercial bank, Malawi used to have…
Ireland discusses aid strategy for Malawi
July 13, 2017
Ireland discusses aid strategy for Malawi
As the debate on the effectiveness of aid rages on, development practitioners and economists have differed on its impact in…
FUM wants Crempa to be independent
July 12, 2017
FUM wants Crempa to be independent
Farmers Union of Malawi (FUM) wants to empower Central Region Milk Producers Association (Crempa) to become an independent entity. The…
Malawian Airlines decries high fuel cost
July 12, 2017
Malawian Airlines decries high fuel cost
Malawian Airlines Limited, a joint venture between Ethiopian Airlines and Malawi Government, has said the current reduction in jet fuel…
Tobacco raises in $172.3m in 13 weeks
July 12, 2017
Tobacco raises in $172.3m in 13 weeks
Tobacco, Malawi’s main foreign exchange earner, has generated in $172.3 million (K126 billion) in 13 weeks of sales at an…
SA joins 18 others in signing tripartite FTA deal
July 11, 2017
SA joins 18 others in signing tripartite FTA deal
South Africa has signed the Tripartite Free Trade Area (TFTA) agreement, a development that has injected fresh momentum into the…
Drought widens current account deficit—KPMG
July 11, 2017
Drought widens current account deficit—KPMG
Drought that hit Malawi in 2016 widened the current account deficit to 15.5 percent of gross domestic product (GDP) recorded…
Cama keen to see banks interest rates cut
July 11, 2017
Cama keen to see banks interest rates cut
Consumers Association of Malawi (Cama) says it expects commercial banks to respond with urgency by reducing lending rates following a…
Malawi harnesses digital payments—report
July 10, 2017
Malawi harnesses digital payments—report
Digital payment transactions are fast rising with records showing a continued growth in daily average volumes and value of…
Traffic volumes delay toll gates rollout—PPPC
July 10, 2017
Traffic volumes delay toll gates rollout—PPPC
Toll gates will not be rolled out any time soon because the country does not have adequate volumes of…