Business

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‘Banks ripping off consumers’

‘Banks ripping off consumers’

The Consumers Association of Malawi (Cama) says banks are reaping off consumers through prohibitive charges and, thereby, making huge profits.…
Govt directive angers stationery suppliers

Govt directive angers stationery suppliers

A Malawi government directive that all stationery should be bought from the Central Government Stores has angered the National Association…
Investors shun long term govt securities

Investors shun long term govt securities

Investors are shunning government long-term securities for short term ones, which is an indication that they are uncertain about the…
Lilongwe ‘bridges’ owners losing business

Lilongwe ‘bridges’ owners losing business

Owners of makeshift bridges connecting Tsoka and Lizulu markets in Malawi’s capital, Lilongwe fear they will be pushed out of…
So, it was trial and error?

So, it was trial and error?

It takes a man to say sorry and in the same breath, I applaud Malawi President Joyce Banda for her…
MRA meets November targets

MRA meets November targets

The Malawi Revenue Authority (MRA) in November failed to meet its targets in excise duties, value-added tax (VAT) and corporate…
PCL has new chairperson

PCL has new chairperson

Press Corporation Limited (PCL), the Malawi Stock Exchange (MSE) listed conglomerate has announced the appointment of Clement Chilingulo as its…
Black market fuel prices dip

Black market fuel prices dip

The availability of fuel in most service stations in the country has forced the black market to sell the petroleum…
Chuka defends closure of discount borrowing window

Chuka defends closure of discount borrowing window

Reserve Bank of Malawi (RBM) Governor Charles Chuka has defended the stoppage of a discount window borrowing for commercial banks,…
Gwengwe pushed for rural industrialisation

Gwengwe pushed for rural industrialisation

Malawi’s newly-appointed Industry and Trade Minister Sosten Gwengwe has said his major task during his tenure would be to push…
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