Business

RBM 2019 PROFIT JUMPS TO K57 BILLION

The Reserve Bank of Malawi (RBM) has posted a K57 billion profit, up from K19.4 billion registered in the privious […]

MNRM SAYS ‘LAKE ROW WITH TANZANIA CAN’T AFFECT PETROLEUM VENTURE’

The Ministry of Natural Resources and Mining has said the petroleum industry in the country is not affected by the […]

COMMERCIAL BANKS LOWER LENDING RATES

Some commercial banks in the country have slightly lowered their base lending rates amid calls for concerted effort to minimise […]

GREEN BELT AUTHORITY TO BOOST MALAWI ECONOMY

Green Belt Authority (GBA) has described its $5.5 million (about K4 billion) project as a boost to the country’s economy […]

Customers Ask for Tents Outside Banks

After the president of Malawi, Peter Mutharika instructed that people should avoid gatherings, banks also have trimmed number of customers […]

SMES PRAY FOR EXTRA SAFE NETS

Amid measures unveiled by President Peter Mutharika to ease Covid-19’s potential pressure on businesses, Chamber for Small and Medium Business […]

TOBACCO MARKET TO OPEN SOON

Tobacco Commission (TC), regulator of tobacco industry in the country, has said it is on course with preparations for opening […]

MALAWI’S POWER PLAN AFFECTED BY CORONAVIRUS

As the Covid-19 pandemic continues to threaten economies world over, with four confirmed cases registered in Malawi so far, the […]

DECLINING OIL PRICES OFFER LITTLE RELIEF—RBM

The Reserve Bank of Malawi (RBM) says the declining global oil prices due to the coronavirus (Covid-19) pandemic offers little […]

MCCCI DESPERATE OVER SOUTH AFRICA LOCKDOWN

Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has urged the government to consider engaged its South African (SA) […]

LEACHING AFFECTS TOBACCO OUTPUT

Malawi’s tobacco production for this season is estimated at 154,677,625 Kilograms (kgs), about 6.6 percent less than 165, 641,698 kgs […]

RBM releases MK12 billion for Commercial Banks

The Reserve Bank of #Malawi (RBM) has disbursed K12 billion to commercial banks to give loans to their customers to […]

Fear God Not Conoravirus – Businessman Kaphanya Advises

By Orchestra Kamanga The Founder and Managing Director for General Vision Screen Printers (GVSP) Comrade Dr Feston Kaphanya has said […]

KWACHA RESPONDING TO GLOBAL TRENDS —CHILIMA

An economic expert has rated as temporal the current stability of local unit, the kwacha against major trading currencies on […]

Nigerian Sex Workers Suspends Service Amid Covid-19

The National Coordinator, Nigeria Sex Workers Association, Amaka Enemo, has stated that their members are suspending their services amidst the […]

“LEAVE MSE IN PRIVATE HANDS” HARAWA CALLS MOUNT TO FREE MSE

Some investors in listed companies on the Malawi Stock Exchange (MSE) under Minority Shareholders Association of Listed Companies (MSALC) are […]

TAMA scales up efforts on lifting WRO ban

Tobacco Association of Malawi Farmers Trust has stepped up efforts to have the United States of America (USA)- instituted Withhold […]

COVID 19 TO AFFECT REVENUE COLLECTION —MRA

Malawi Revenue Authority (MRA) has said revenue collection is going to be a challenge amid the coronavirus outbreak posing serious […]