Business

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Forex scarcity: Consumers’ pain, bankers’ headache

Forex scarcity: Consumers’ pain, bankers’ headache

For years, Malawi has faced foreign exchange scarcity, largely due to the fact that the economy is more of an…
Tea industry inmixed fortunes

Tea industry inmixed fortunes

The tea industry faced mixed fortunes in 2024 with production increasing slightly to 46.3 million kilogrammes (kg), but declining prices…
Cotton farmers upbeat as sales season set to open

Cotton farmers upbeat as sales season set to open

Stakeholders in the cotton industry say they are looking forward to the long-awaited opening of the Cotton Marketing Season on…
RBM chalks K356bnprofit, results show

RBM chalks K356bnprofit, results show

The Reserve Bank of Malawi (RBM) has reported a net profit of K356 billion in the year ended December 2024,…
Sectoral minimum wage key—experts

Sectoral minimum wage key—experts

Stakeholders in the labour market have proposed the development of a comprehensive minimum wage structure that resonates with the sectoral…
 New policy changes response to poverty

 New policy changes response to poverty

 Malawi has rolled out a new National Social Protection Policy, a move described as a key step in shifting the…
Cooperatives, agribusiness ventures shine at trade fair

Cooperatives, agribusiness ventures shine at trade fair

 The family and farmers’ market day at the ongoing Malawi International Trade Fair (Mitf) in Blantyre on Saturday attracted passionate…
Budget cuts hit public sector workers—survey

Budget cuts hit public sector workers—survey

Public sector workers have been left struggling to afford essentials in Malawi following a 50 percent fall in real incomes…
Mitc, Comesa eye US-Africa business summit

Mitc, Comesa eye US-Africa business summit

The Malawi Investment and Trade Centre (Mitc) says the coming US-Africa Business Summit slated for next month in Angola is…
MCCCI urges reforms, bemoans rising debt

MCCCI urges reforms, bemoans rising debt

Malawi Confederation of Chambers of Commerce and Industry (MCCCI) president Wisely Phiri says the country’s Industrialisation Policy requires complete overhaul…
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