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Business News
Taxes deter pension Funds investment
Taxes are hindering pension fund managers from investing a huge chunk of pension funds in infrastructure development, resulting in most…
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Business News
Sunbird Group Sacco posts K63m surplus
Sunbird Group Savings and Credit Cooperatives (Sacco) has posted a surplus of K63.3 million in the year ended December 31…
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Business News
Malawi keen to reduce negative trade balance
Ministry of Industry, Trade and Tourism has said while trade balance tilts against the country in absolute terms, it continues…
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Business News
Government ponders lifting maize export ban
Maize traders say lifting maize export ban now that farm-gate price of K180 per kilogramme (kg) has been released would…
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Business News
MCCCI highlights SMES growth constraints
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says governance structures continue to choke small and medium enterprises (SMEs)…
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Business News
Mera says fuel investors shunning rural areas
Malawi Energy Regulatory Authority (Mera) says low return on investments for fuel products in rural areas is scaring away investors…
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Business News
Manufacturing sector to grow 4.6% in 2019
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has projected a rebound of the manufacturing sector with growth…
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Business News
SMEs, local traders fear for TFTA
The National Working Group on Trade and Policy says Malawi needs to scrutinise the Tripartite Free Trade Area (TFTA) protocol…
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Business News
Tax expert cautions calls for tax reforms
Tax expert Emmanuel Kaluluma has cautioned against calls by the Malawi Confederation of Chambers of Commerce and Industry (MCCCI) for…
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Business News
Negative trade balance worsens
Malawi continues to experience negative trade balance, with imports surpassing exports due to insatiable appetite for foreign goods and continued…
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Business News
Firms bank on MBS certification
Some local firms have expressed optimism over improved trade activities following their certification by Malawi Bureau of Standards (MBS). Speaking…
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Business News
Rebasing GDP winds up December—NSO
National Statistical Office (NSO) says it will complete rebasing the country’s gross domestic product (GDP) in December this year. The…
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Business News
Maize pushes up march inflation rate to 9.3%
Rising maize prices have pushed up March 2019 inflation rate by 1.4 percentage points to 9.3 percent from the 7.9…
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Business News
Malawi rated poorly on economic freedom
The Malawi economy has been rated “mostly unfree” in the 2019 index of Economic Freedom, an annual guide published by…
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Business News
Dutch firm pumps K1bn for Malawian start-ups
Small and medium enterprises (SMEs) have an opportunity to tap from the K1 billion start-up fund courtesy of a Dutch…
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Business News
Mera explains storage levy
Malawi Energy Regulatory Authority (Mera) says although it has been collecting storage levy in the fuel price build-up, it has…
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Business News
IMF, treasury talks On topping up ECF
The International Monetary Fund (IMF) and Treasury are discussing the possibility of topping the $112 million (about K83 billion) loan…
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Business News
Rough road for businesses in Q1
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says despite registering economic gains, industries are yet to start…
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Business News
Cooperatives key to poverty alleviation
Ministry of Industry, Trade and Tourism has urged Malawians to embrace the concept of cooperatives which it says is key…
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Business News
Kwacha to depreciate BY 5%—AfDB
The country’s local unit, the kwacha may depreciate by about five percent, partly because of expected large current account deficits,…
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