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Business News
Merchandise trade persists in 2023
Malawi closed the fourth-quarter of 2023 with a trade deficit of $495.7 million, about K842.6 billion, figures from the Reserve…
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National News
Goshen farms, ministry urge partnerships
Goshen farms proprietor Shepherd Bushiri and Minister of Agriculture Sam Kawale on Thursday urged partnerships between government and private commercial…
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Business News
MDCHL sustainability,capacity under scrutiny
With plans underway to set up Malawi Development Corporation Holdings Limited (MDCHL) to spearhead investment in strategic sectors, analysts fear…
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National News
House reconstitutes Defence Committee
Speaker of Parliament Catherine Gotani-Hara yesterday announced a new Defence and Security Committee of Parliament following the expir y of…
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Business News
Low-cost financing supports debt restructuring—IMF head
International Monetary Fund (IMF) resident representative for Malawi Nelnan Koumtingue has backed the fund’s approach to debt restructuring amid concerns…
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Business News
Maize price structure comes under scrutiny
Malawi’s heavy dependence on rain-fed agriculture and poorly implemented government interventions contribute to drastic fluctuation in the price of maize,…
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Business News
Minister wants strict enforcement of new minimum wage
Minister of Labour Agnes NyaLonje yesterday challenged labour inspectors to strictly inspect and enforce compliance to the newly gazette minimum…
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Business News
IMF lauds progress on economic reforms
International Monetary Fund (IMF) country representative Nelnan Koumtingue has commended the country’s fiscal authorities for the progress made in implementing…
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Business News
Salima sugar moves to stem supply gap
Salima Sugar Malawi has started repackaging sugar from its 50 kilogramme (kg) bags into one-kilogramme packets for sale in local…
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National News
Align fiscal, monetary policies, govt advised
Amid concerns that the country’s fiscal and monetary policies are misaligned, economic experts and businesses have urged the government to…
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Business News
Commission says knowledge critical for economic growth
The National Planning Commission says information sharing and effective knowledge management is key to achieving aspirations outlined in Malawi 2063…
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Business News
Delegates outline strategies for agricultural diversification, growth
Stakeholders in the agricultural sector have urged the government to use modern research and transfer technologies to small-holder farmers to…
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Business News
Malawi on recovery track, but challenges remain–IMF
The International Monetary Fund (IMF) mission team expects the economic reforms the government has undertaken will gain traction but cautions…
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Business News
Local food prices up despite global decline—World Bank
The World Bank says food inflation remained elevated in Malawi last year despite a drop in food prices and raw…
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Business News
Late reporting under mines public finance rules—IMF
The International Monetary Fund (IMF) says the Malawi Government’s tendency to produce reports late undermines the capacity of local authorities…
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Business News
IMF increases borrowing quota, analysts cautious
Malawi and other IMF member countries have an opportunity to boost their capacity to borrow more from the fund after…
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Business News
Economists hail IMF ECF positive impact
The impact of the International Monetary (IMF) four-year Extended Credit Facility (ECF) is being felt through the outpouring of resources,…
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Business News
Thousands of MSMEs get FInES support
At least 44 677 Micro Small and Medium Enterprises (MSMEs) have gotten financing support worth about $53.8 million (about K53.8…
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Business News
Think-tank touts research for growth
Local think tank, the Mwapata Institute, has touted the power of systematic research to drive Malawi’s drive to diversify the…
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Business News
Trade deficit hit $1.6 trillion in 2023
The year 2023 closed with a trade deficit of about $1.6 billion (about K2.7 trillion) as the country’s export earning…
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