Business
Local firm embraces greeninitiatives, introduces EVs
March 7, 2024
Local firm embraces greeninitiatives, introduces EVs
Mike Appel and Gatto Limited, a local automotive franchise dealer, has unveiled plans to embrace green initiatives by introducing electric…
Treasury backs move to boost RBM capital
March 7, 2024
Treasury backs move to boost RBM capital
The Ministry of Finance and Economic Affairs has justified proposals to recapitalise the Reserve Bank of Malawi (RBM), saying the…
Beating hunger, dry spell with GMO crops
March 7, 2024
Beating hunger, dry spell with GMO crops
Most farmers in Malawi continue to face effects of climate change such as dry spell and sometimes prolonged rainfall which…
Minister commends WTO meet, adopts declaration
March 6, 2024
Minister commends WTO meet, adopts declaration
The 13th Ministerial Conference (MC13) of the World Trade Organisation (WTO) concluded in Abu Dhabi, United Arab Emirates (UAE) with…
Commitee faults debt Fund roll out delay
March 6, 2024
Commitee faults debt Fund roll out delay
Budget and Finance Committee of Parliament chairperson Gladys Ganda has faulted the delay to roll out the Debt Retirement Fund…
Carbon credit, next source of foreign exchange
March 5, 2024
Carbon credit, next source of foreign exchange
Amid foreign exchange scarcity, Treasury is banking on carbon credits trading as one avenue of raising forex, with expert analyses…
World bank wants more women in procurement
March 5, 2024
World bank wants more women in procurement
The World Bank has urged Malawi and other developing countries to implement policies that promote women’s participation in national procurement…
Feasibility studies key in mining sector—Mitc
March 5, 2024
Feasibility studies key in mining sector—Mitc
Malawi Investment and Trade Centre (Mitc) says feasibility studies provide investors with the right information on the worth of mining…
Treasury ups anchor farms, inputs budget
March 4, 2024
Treasury ups anchor farms, inputs budget
There are mixed fortunes for the agriculture sector as Teasury has increased budget allocation to anchor farms and agricultural inputs,…
Research, development key to agro transformation
March 4, 2024
Research, development key to agro transformation
Investing in research, development and extension services can help to promote agriculture transformation and unlock its vast potential as a…
Government defends new tax on profits
March 2, 2024
Government defends new tax on profits
Principal Secretary for Economic Planning and Development in the Ministry of Finance and Economic Affairs Jacob Mazalale has defended the…
Trade deficit narrows in 2023 Q4
March 2, 2024
Trade deficit narrows in 2023 Q4
Malawi’s trade deficit narrowed by 6.2 percent to $495.8 million at the end of the fourth quarter of 2023, figures…
World Bank tips govt on forex markets
March 2, 2024
World Bank tips govt on forex markets
Increased coordination between monetary and fiscal policy, better coordination with stakeholders and letting business agents trade freely on forex will…
Vehicle imports decline by 47%
March 1, 2024
Vehicle imports decline by 47%
The number of vehicles registered with the Directorate of Road Traffic and Safety Services has dropped by 47 percent over…
Funding challenges cripple extractive industry—official
March 1, 2024
Funding challenges cripple extractive industry—official
The Malawi Extractive Industries and Transparency Initiative (Mweiti) says most of its operations, including the recruitment of staff, are crippled…
US urges investment in mining, tourism to spur growth
February 29, 2024
US urges investment in mining, tourism to spur growth
United States deputy assistant secretary of State for Africa in the Department of State Joy Basu has joined local institutions…
Ecama hails Treasury move to migrate SOEs accounts
February 28, 2024
Ecama hails Treasury move to migrate SOEs accounts
The Economics Association of Malawi (Ecama) says the transferring of 22 accounts of parastatals to Reserve Bank of Malawi (RBM)…
MCCCI tips govt on investment, taxes
February 28, 2024
MCCCI tips govt on investment, taxes
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has urged government to direct investment to the manufacturing sector and…
Govt tipped on local,foreign investment
February 27, 2024
Govt tipped on local,foreign investment
Malawi Investment and Trade Centre (Mitc) and the European Union (EU) have urged the Malawi Government to create a conducive…
Mwapata urges social protection increase
February 27, 2024
Mwapata urges social protection increase
Mwapata Institute has urged the government to increase the scale and scope of its social protection programmes, but some analysts…