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‘Development has evolved slowly’

‘Development has evolved slowly’

World Bank country manager Faras Raad says Malawi’s economic development has evolved slowly and yielded modest improvements in living standards.…
World bank warns of risks to procurement

World bank warns of risks to procurement

The World Bank has warned that the prevailing macroeconomic conditions, compounded by climate vulnerability are increasing operational risks and costs…
Malawi still at the crossroads—part 4

Malawi still at the crossroads—part 4

A picture worth a thousand words As we near the end of this five part series, a reminder of what…
RBM moves to exempt some  firms from forex conversion

RBM moves to exempt some  firms from forex conversion

The Reserve Bank of Malawi (RBM) says it will exempt some companies from mandatory conversion of export proceeds under the…
Market-responsive tariffs can save Escom, others

Market-responsive tariffs can save Escom, others

My heart bled last week when I heard Electricity Supply Corporation of Malawi (Escom) Limited chief executive officer Kamkwamba Kumwenda…
Bad debts mount in microfinance sector

Bad debts mount in microfinance sector

Malawi’s microfinance sector is grappling with the harsh economic environment, as borrowers struggle to service loans, leading to a surge…
MBS touts upgraded certification system

MBS touts upgraded certification system

Malawi Bureau of Standards (MBS) says the upgraded product certification system will enable Malawi to actively participate in mutual recognition…
Cherrywood Estate launches loyalty cards programme

Cherrywood Estate launches loyalty cards programme

Cherrywood Estate has unveiled a loyalty cards programme to reward guests for their continued support since the lodge opened in…
Rare earth mine gets huge boost

Rare earth mine gets huge boost

Lindian Resources Limited has secured approval for 91.5 million Australian dollar (about K102.7 billion) final investment, paving the way for…
Local carbon credit traders given 90 days to register

Local carbon credit traders given 90 days to register

Ministry of Natural Resources and Climate Change has given unregistered carbon credit traders 90 days to register or risk being…
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