World Bank
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Business News
AfDB gives Malawi k13bn budget support
The African Development Bank (AfDB) has given Malawi $29 million (about K13 billion) as sector budget support for the…
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Business News
Local firm to partner with $1bn private equity fund
A local firm is engaged in negotiations to partner with a $1 billion (K515 billion) multinational private equity fund to…
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Business News
National Switch undergoing testing
The National Switch (Nat Switch), a shared switch platform to connect all the country’s commercial banks, is at the implementation…
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Business News
Malawi economic growth rate below potential
Malawi’s economic growth is far below its full potential with the country’s 2013 Gross Domestic Product (GDP) having increased by…
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LDF to spend K12 billion in PWP
Local Development Fund (LDF) on Thursday disclosed that it will spend $32 million (close to K 12 billion) in 2014/2015…
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Business News
Online company registration rolls out soon, says govt
Malawi Government says online registration of businesses as part of reforms to improve the ease and reduce the cost of…
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Business News
Nat Switch to improve money transactions—govt
The Ministry of Finance has added its weight on the establishment of the National Switch (Nat Switch), a shared switch…
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World Bank to help Malawi up-scale warehouse receipts system
The World Bank has pledged to support Malawi in developing and up-scaling the warehouse receipts system (WRS) which, it says,…
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