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Front Page
Consumers panic amid price hikes
Rising electricity tariffs, transport costs as well as fuel price are having a knock-off effect on consumers’ disposable incomes…
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Business News
Expert decries abuse of taxpayers’ money
Despite having fully functional anti-corruption and anti-money laundering laws and institutions, public money in African countries, including Malawi, continue…
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Business News
Declining inflation Draws mixed views
Malawi’s year-on-year inflation for May 2018 dropped by 0.8 percentage points to 8.9 percent from 9.7 percent the previous…
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Business News
Malawi fairs poorly on poverty ranking
The pace of poverty reduction in Malawi remains low as compared to other countries in Southern Africa Development Community (Sadc)…
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Front Page
Admarc, NFRA get K10bn for maize
Treasury has released K10 billion to State produce trader Admarc and National Food Reserve Agency (NFRA) to buy maize beginning…
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Business News
Escom’s 68% tariff proposal faulted
Consumers and an industry expert have protested Escom’s proposal to increase electricity tariff by 68 percent in the next four…
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Business News
Treasury to turn Medf into a bank
Minister of Finance, Economic Planning and Development Goodall Gondwe says plans to turn Malawi Enterprise Development Fund (Medf) into an…
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Business News
Ecama warns on growing public debt
The Economics Association of Malawi (Ecama) says Malawi risk facing problems in servicing its debt in the face of rising…
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Business News
Treasury cuts 2018/19 Fiscal deficit to 3.8%
Treasury has revised downwards the overall fiscal deficit for the forthcoming financial year to 3.8 percent from 4.5 percent…
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Business News
World Bank faults maize export ban
The World Bank says while maize export ban leads to low domestic prices which benefit consumers, incomes of producers…
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Business News
Fuel fund to continue cushioning consumers
Authority (Mera) says it will sustain the current fuel pump prices, thanks to the Price Stabilisation Fund (PSF) which compensates…
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Business News
EIU forecasts 4.6% growth in 5 years
The Economist Intelligence Unit (EIU) has projected that Malawi’s economy will grow by an average of 4.6 percent in…
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Business News
EIU forecasts lower deficit by 2022
Malawi’s budget deficit is expected to reduce to 2.6 percent by the 2021/22 financial year, United Kingdom-based Economist Intelligence Unit…
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Business News
Contributory pension to double in five years—Treasury
Ministry of Finance, Economic Planning and Development says it wants to increase coverage of contributory pension from eight percent to…
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Business News
Fiscal adjustments costly—analyst
Treasury’s failure to meet targets for domestic revenues and grants has the potential to affect provision of social services, Ecama…
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Business News
Treasury to double private sector credit
Bankers Association of Malawi (BAM), a representative body of commercial banks, has welcomed Treasury’s plans to double credit to…
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Business News
Malawi FDI inflows unstable—Report
Malawi’s foreign direct investments (FDI)—the flow of capital between countries—have been fluctuating in the recent past, despite various ambitious…
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Business News
Bank outlines economic risks
National Bank of Malawi (NBM) plc has said gains accrued in 2017 arising from low food prices are in…
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Front Page
Public debt soars to k2.9 trillion
The International Monetary Fund (IMF) has said while the rising public debt, now at K2.9 trillion, is not too…
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Business News
2018/19 fiscal programmes under scrutiny
Government’s move to introduce new programmes and maintain some of the existing ones has been put on the spotlight, with…
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