Business
Veep urges economists to develop practical solutions
November 10, 2023
Veep urges economists to develop practical solutions
Vice-President Saulos Chilima on Thursday urged economists meeting in Mangochi under the Economic Association of Malawi (Ecama) banner to discuss…
RBM unveils plan to grow local insurance sector
November 10, 2023
RBM unveils plan to grow local insurance sector
The Reserve Bank of Malawi (RBM) has unveiled plans to catalyse growth in the insurance sector to build on the…
Kwacha devaluation sends shock waves
November 10, 2023
Kwacha devaluation sends shock waves
The 44 percent devaluation of the kwacha the Reserve Bank of Malawi (RBM) implemented yesterday has sent shock waves to…
Easing inflation: how sustainable?
November 9, 2023
Easing inflation: how sustainable?
Inflationary pressure has begun to ease on account of declining global inflation, the expected food relief plan and the impact…
Zambia SMEs court Malawi on markets
November 9, 2023
Zambia SMEs court Malawi on markets
Malawian small and medium enterprises (SMEs) are expected to find export market opportunities in Zambia for goods in agribusiness, circular…
Malawi joins AfCFTA initiative, starts trading
November 8, 2023
Malawi joins AfCFTA initiative, starts trading
Malawi has expressed interest to join the Guided Trade Initiative (GTI) following the resubmission of its revised market access offer…
Mobile money development deprive rural Malawi
November 8, 2023
Mobile money development deprive rural Malawi
Eleven years after the the introduction of mobile money platforms in the country to help advance the financial inclusion agenda,…
Commission licences 239m kg of tobacco
November 8, 2023
Commission licences 239m kg of tobacco
Minister of Agriculture Sam Kawale says the Tobacco Commission (TC) has licensed farmers to grow about 239 million kilogrammes (kg)…
RBM moves to curb unlicensed payment service providers
November 7, 2023
RBM moves to curb unlicensed payment service providers
The Reserve Bank of Malawi (RBM) has urged consumers to exercise caution and refrain from transacting with unlicensed or unauthorised…
Malawi, others lobby for Agoa extension
November 7, 2023
Malawi, others lobby for Agoa extension
Malawi has joined other African countries to push for an early 10-year extension of the African Growth and Opportunity Act…
Macra touts strides towards gadget identification project
November 7, 2023
Macra touts strides towards gadget identification project
Malawi Communications Regulatory Authority (Macra) says it is making strides towards the implementation of Central Equipment Identification Registry (Ceir), an…
Trade deficit hits$1.7bn in Q3—RBM
November 6, 2023
Trade deficit hits$1.7bn in Q3—RBM
Data from the Reserve Bank of Malawi (RBM) shows that government is expected to close the third quarter (Q3) with…
RBM hails Mgodi facility, to ease agents’ liquidity pressure
November 6, 2023
RBM hails Mgodi facility, to ease agents’ liquidity pressure
The Reserve Bank of Malawi (RBM) has described the newly-introduced Mgodi Overdraft Facility as a significant step towards a digitally…
Chamber calls for Kwacha devaluation
November 6, 2023
Chamber calls for Kwacha devaluation
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has called for devaluation or re-alignment of the kwacha, but only…
RBM sees rising fuel prices in Q4
November 4, 2023
RBM sees rising fuel prices in Q4
The Reserve Bank of Malawi (RBM) has projected domestic fuel prices to be adjusted upwards this quarter (October to December…
World bank project to ease forex burden
November 3, 2023
World bank project to ease forex burden
The World Bank and the Malawi Government have engaged in discussions on a project the multi-lateral lender will act as…
Ecama rues a highly subsidised economy
November 3, 2023
Ecama rues a highly subsidised economy
Economics Association of Malawi (Ecama) says Malawi is a heavily subsidised economy and this has derailed the country from making…
High inflation rate affects consumers’ income, welfare
November 2, 2023
High inflation rate affects consumers’ income, welfare
For nine months up to September this year, Malawi’s inflation rate has averaged 27.7 percent, a development that is affecting…
Treasury positive on budget support
November 2, 2023
Treasury positive on budget support
With just days before the International Monetary Fund (IMF) executive board meets in mid-November to decide on Malawi’s four-year Extended…
MEJN urges action on debt strategies
November 1, 2023
MEJN urges action on debt strategies
Malawi Economic Justice Network (Mejn) has lamented slow progress towards the implementation of debt strategies, urging authorities to speed up…