Business

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Deficit triples amid shrinking spending on development

Deficit triples amid shrinking spending on development

Malawi’s fiscal stability came under renewed scrutiny in May 2025 after the national budget deficit surged to K300 billion—more than…
NGOs uncomfortable with forex regulation

NGOs uncomfortable with forex regulation

Non-governmental organisations (NGOs) under the banner of National Advocacy Platform (NAP) have expressed fear that the 80 percent mandatory conversion…
National survival minimum expenditure up 4%

National survival minimum expenditure up 4%

The average national survival minimum expenditure basket (Smeb) cost increased by four percent in June 2025 to K219 200 from…
Trade deficit up  28% to k2tn—RBM

Trade deficit up  28% to k2tn—RBM

Malawi’s cumulative trade balance worsened by 28 percent in the five months to May to hit $1.2 billion (about K2…
Swift Courier opens new branches, promises fast delivery

Swift Courier opens new branches, promises fast delivery

Swift Courier Services, one of Malawi’s emerging logistics providers, has announced the opening of new branches in Malangalanga, Area 25…
To First Capital Bank’s 30 years of belief, resilience

To First Capital Bank’s 30 years of belief, resilience

 From humble beginnings in 1995 with a single branch in Delamere House in Blantyre and $1 million (about K1.7 billion)…
 Grants inflows set to decline by 61.8%—AfDB

 Grants inflows set to decline by 61.8%—AfDB

Malawi’s actual grant disbursements will fall short by 61.8 percent of the target in the 2025/26 financial year following aid…
Investors divided on Eurobond investment

Investors divided on Eurobond investment

A renewed call by the International Monetary Fund (IMF) for African countries to tap international capital markets through Eurobonds has…
Mining regulator hits at non-compliant firms

Mining regulator hits at non-compliant firms

Fifty-five mining exploration applications are earmarked for removal from the Mining and Minerals Regulatory Authority management and tracking system for…
Deposit insurance cover jumps 200%

Deposit insurance cover jumps 200%

Deposit Insurance Corporation (DIC) says it is now offering insurance coverage of up to K3 million per depositor per bank,…
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