Business
Malawi firms beckoned to Africa’s trade fair in Algeria
1 week ago
Malawi firms beckoned to Africa’s trade fair in Algeria
Export-Import Bank (Afreximbank) executive vice-president for Intra-African Trade Bank, Kanayo Awani, has encouraged African firms including those from Malawi to…
Trade deficit narrows 39.6% to K225bn—RBM
1 week ago
Trade deficit narrows 39.6% to K225bn—RBM
Malawi’s trade deficit narrowed by 39.6 percent to $128.5 million (about K225 billion) in February 2024 from $184.8 million (K323…
Tobacco sales open, price hits $3 per kg
1 week ago
Tobacco sales open, price hits $3 per kg
The 2024 Tobacco Marketing Season officially opened on Monday at Chinkhoma Floors in Kasungu District with the price of the…
March inflation rate drops to 31.8%, food prices ease
1 week ago
March inflation rate drops to 31.8%, food prices ease
Malawi’s year-on-year headline inflation rate for March 2024 declined by 1.7 percentage points to 31.8 percent from 33.5 percent due…
Medium-term inflation rate target difficult, says Fimda
1 week ago
Medium-term inflation rate target difficult, says Fimda
Financial Market Dealers Association (Fimda) has cast doubt on the authorities’ desire to achieve medium-term inflation target of six percent,…
Tourism sector has potential—minister
1 week ago
Tourism sector has potential—minister
Minister of Tourism Vera Kamtukule says Malawi has a huge opportunity to tap from the hidden treasures that lie in…
IPPS to miss 2024 deadline
2 weeks ago
IPPS to miss 2024 deadline
All Independent Power Producers (IPPs) with planned operational date of 2023/24 will miss the deadline as authorities say apart from…
Analysts tip govt on job-creation
2 weeks ago
Analysts tip govt on job-creation
Economic analysts have urged government to prioritise job-creation, as opposed to labour exports, to create a pathway for long-term sustainable…
Our standards ensure safety of consumers—MBS
2 weeks ago
Our standards ensure safety of consumers—MBS
The Malawi Bureau of Standards (MBS) says its mandate does not involve production processes of companies, stressing that producers need…
Services sector growth outpaces agriculture
2 weeks ago
Services sector growth outpaces agriculture
The services sector is registering the fastest annual growth of 1.8 percent, aaccording to an analysis, a situation commentators say…
World Bank slashes Malawi’s economic growth rate to 2%
2 weeks ago
World Bank slashes Malawi’s economic growth rate to 2%
The World Bank has slashed Malawi’s economic growth rate for 2024 to two percent from an earlier projection of 2.8…
Globe Metals calls for proper settlement plan
2 weeks ago
Globe Metals calls for proper settlement plan
Globe Metals and Mining has urged authorities to develop proper settlement and investment plans to restrict development of squatters on…
Malawi-Mozambique Power link october
2 weeks ago
Malawi-Mozambique Power link october
Ministry of Energy has set October 2024 as the new deadline for the commissioning of Malawi- Mozambique Power Interconnector Project…
Maize prices ease cost of living
2 weeks ago
Maize prices ease cost of living
Pressure on the cost of living has eased, increasing by 2.6 percent to K503 876 for a family of six…
MCCCI members to discuss economy
2 weeks ago
MCCCI members to discuss economy
Malawi Confederation of Chambers of Commerce and Industry (MCCCI)says it seeks to give industry captains an opportunity to brainstorm and…
FCB splashes prizes in Civil Servants Aweluke Promo
2 weeks ago
FCB splashes prizes in Civil Servants Aweluke Promo
First Capital Bank (FCB) on Thursday splashed various prizes in its first draw of the ongoing Civil Servant Aweluke Promotion.…
Malawi targets mining investors
2 weeks ago
Malawi targets mining investors
Malawi is hoping to clinch new mining deals during its first-ever mining investment forum scheduled for April 23 to 24…
City councils in rates collection campaign
2 weeks ago
City councils in rates collection campaign
Three of the country’s four city councils are targeting to collect over K3 billion in city rates in the 2024/25…
Tollgates funds not enough—RFA
2 weeks ago
Tollgates funds not enough—RFA
Roads Fund Administration (RFA) says the cumulative K9.1 billion raised from tollgates as at February 2024 is not enough to…
NPC lobbies for mining funding
2 weeks ago
NPC lobbies for mining funding
The National Planning Commission (NPC) says while funding to the mining sector has increased, more resources are needed to kickstart…