Business

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Macokasa wants kabaza under cooperatives

Macokasa wants kabaza under cooperatives

The Malawi Coalition of Kabaza Associations (Macokasa) says it plans to change motorcycle taxi (Kabaza) operating model towards cooperatives to…
Maize price fluctuations beyond SGR role—study

Maize price fluctuations beyond SGR role—study

Malawi’s strategic grain reserves (SGRs) are failing to effectively smooth maize price fluctuations due to several factors, including ill -timing…
MCCCI pushes for forex rate reset

MCCCI pushes for forex rate reset

Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has proposed a phased exchange rate unification programme to attain a…
Fair trading law passes first test, but…

Fair trading law passes first test, but…

In 2024, Parliament passed the new Competition and Fair Trading Act that established the Competition and Fair Trading Commission (CFTC)…
Tobacco rejection rate declines to 40%—TC

Tobacco rejection rate declines to 40%—TC

The tobacco rejection rate on the auction system has eased by almost half to 40 percent while average prices worsened…
NBM targets growth through diversity

NBM targets growth through diversity

Malawi Stock Exchange-listed National Bank of Malawi (NBM) plc has highlighted focus on innovation, efficiency and regional expansion as key…
Industry gains fail to deliver jobs—report

Industry gains fail to deliver jobs—report

Malawi has recorded modest gains in industrialisation over the past five years, but the sector continues to struggle to generate…
Small businesses cherish trade fair deals, network

Small businesses cherish trade fair deals, network

Some local businesses say economic recovery will depend on how quickly industries move from showcasing their products to striking deals…
Smedco seeks to diversify into microfinance

Smedco seeks to diversify into microfinance

Small and Medium Enterprises Development Corporation (Smedco) has announced plans to establish a microfinance institution to expand its mandate and…
Reducing currency spread not inflationary, says Ifpri

Reducing currency spread not inflationary, says Ifpri

The International Food Policy Research Institute (Ifpri) says reducing the spread between the official and parallel market rates cannot be…
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