Business

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Banks cash in on stability

Banks cash in on stability

  The Institute of Bankers (IOB) in Malawi says commercial banks have cashed in on the consistent slow down in…
World Bank appoints new country manager for Malawi

World Bank appoints new country manager for Malawi

  The World Bank Office in Malawi has a new country manager, Greg Toulmin, who replaces Laura Kullenberg who completed…
Goodall optimistic on resource mobilisation

Goodall optimistic on resource mobilisation

Minister of Finance, Economic Planning and Development Goodall Gondwe has expressed government’s optimism of raising enough domestic resources for its…
RBM changes approach on financial literacy

RBM changes approach on financial literacy

The Reserve Bank of Malawi (RBM) has changed its approach of reaching out to people with financial literacy information as…
Salima-based honey cooperative posts K2.6m profit

Salima-based honey cooperative posts K2.6m profit

Salima-based Chiluwa Honey Cooperative posted a profit of about K2.6 million last year out of 500 kilogrammes (kg) of honey…
Ancestral pilgrimage of public infrastructure

Ancestral pilgrimage of public infrastructure

  Some are tasked to sell a destination for investment or various forms of tourism. For instance South Africa seems…
Tobacco earnings down 24%

Tobacco earnings down 24%

  Revenue from tobacco, the country’s top forex earner, declined by 24 percent after 17 weeks of tobacco sales and…
FUM faults Admarc on late market opening

FUM faults Admarc on late market opening

  The Farmers Union of Malawi (FUM) has expressed concern over delayed intervention by State produce trader Agricultural Development and…
Forex reserves continue to rise, now at 3.33 months

Forex reserves continue to rise, now at 3.33 months

  Gross foreign exchange reserves continue to rise with latest figures from the Reserve Bank of Malawi (RBM) showing a…
Time to change tune on energy crisis

Time to change tune on energy crisis

  By now, electricity consumers in the country should be accustomed to the power supply cycle. In recent years, it…
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