Business

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High price of mortgage in Malawi’s economic turbulence

High price of mortgage in Malawi’s economic turbulence

Blame it on low incomes and high rates, the mortgage to gross domestic income (GDP) ratio in Malawi stands at…
This is bad business culture

This is bad business culture

From time immemorial, I have always wondered why many of our businesses, especially shops, behave like printed books whose contents…
Lending-saving rates margin at 28% points

Lending-saving rates margin at 28% points

Lending and savings rates margin in Malawi stands at over 28 percentage points, one of the highest in the world…
Malawi maize prices projected 60 percent up

Malawi maize prices projected 60 percent up

The price of maize is projected to rise by 60 percent between September 2013 and March 2014, thereby raising the…
Malawi procures maize to feed starving millions

Malawi procures maize to feed starving millions

Minister of Agriculture and Food Security James Munthali has assured the public that Government through Agriculture Development Marketing Cooperation (Admarc)…
World Bank K36bn project to ensure food security

World Bank K36bn project to ensure food security

Malawi is set to cut on its perennial hunger crisis following the launch of a K12 billion (about $30m) World…
MCP for wealth creation—Jumbe

MCP for wealth creation—Jumbe

Malawi Congress Party (MCP)campaign director Felix Jumbe says when ushered into power next year, the party will make sure that…
FUM worried with parallel Filp

FUM worried with parallel Filp

Famers Union of Malawi (FUM) is worried over lack of information about parallel Farm Input Loan Programme (Filp) which government…
Mines ministry to decentralise

Mines ministry to decentralise

Malawi Ministry of Mines will soon be decentralized to ensure that mining issues are handled at district level, Minister of…
General insurance profits soar to K1.5 billion

General insurance profits soar to K1.5 billion

General insurance industry profits rose to K1.5 billion in 2012 from a loss of K18 million in 2011, the Reserve…
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