Business
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Malawi foreign exchange reserves drop by 10%
September 9, 2013
Malawi foreign exchange reserves drop by 10%
Malawi gross official foreign exchange reserves dropped by about 10 percent to 2.4 months import cover on August 20, from…
AU, Agra sign pact to grow agriculture sector
September 9, 2013
AU, Agra sign pact to grow agriculture sector
The African Union (AU) commission has called on concerted efforts if Africa is to win its fight against hunger. AU…
Malawi tipped on tax regime
September 9, 2013
Malawi tipped on tax regime
Malawi needs to adopt a progressive tax regime, which should allow Malawians to pay taxes depending on their capabilities, an…
Extended load-shedding hits SMALL businesses
September 7, 2013
Extended load-shedding hits SMALL businesses
The current load-shedding programme being implemented by the sole electricity provider Escom has hit businesses hard, forcing some operators to…
‘Competition lowers prices’
September 7, 2013
‘Competition lowers prices’
A commissioner for the Competition and Fair Trading Commission (CFTC), Jimmy Lipunga, has said vigorous competition in any economy results…
Malawi tumbles seven steps on competitiveness
September 6, 2013
Malawi tumbles seven steps on competitiveness
Malawi has tumbled seven steps to 136 out of 148 economies on competitiveness indicates the World Economic Forum’s flagship report,…
MSE raises K1.4bn, share volume drops in August
September 6, 2013
MSE raises K1.4bn, share volume drops in August
The Malawi Stock Exchange (MSE) transacted business worth K1.4 billion [$4.3m] in August out of 412.3 million shares, a 57.2…
Project to push Malawi’s bankable population to 60%
September 6, 2013
Project to push Malawi’s bankable population to 60%
The World Bank-funded five-year Financial Sector Technical Assistance Project (Fstap) amounting to $28.2 million (K9.8 billion) will help to increase…
Why MSB needs new investors
September 5, 2013
Why MSB needs new investors
Watching from the sidelines, I have always seen Malawi Savings Bank (MSB), the commercial bank 100 percent owned by government,…
Standard Bank Group targets mobile money
September 5, 2013
Standard Bank Group targets mobile money
The Standard Bank Group says growing mobile banking business is a key part of its strategy for supporting profitability and…