FINCA, KfW in $3.4 million loan facility

Finca Malawi and KfW, the German government-owned development bank, recently signed a long-term subordinated loan facility valued at $3.4 million. Finca intends to use the funds to digitialise its processes […]

Old Mutual declares 26.5 percent bonuses

Old Mutual, which is listed on the Malawi Stock Exchange (MSE), has declared 26.5 percent bonuses through its Guaranteed Fund for the year 2017. The declaration was made during a […]

80 percent African countries sign up for AfCFTA

Fifty African countries have signed at least one of the three proposed legal instruments which are set to open the borders to make the continent the largest trading bloc in […]

Let’s not make Malawi a cry baby—Ben Botolo

Secretary to the Treasury, Ben Botolo, has called on the private sector and Malawians to focus on commercial farming and intensive irrigation so as to grow the country’s economy. Botolo […]

‘Fisp a success in 2017/18 season’

The Ministry of Agriculture, Irrigation and Water Development has described the 2017/18 Farm Input Subsidy Programme (Fisp) as a success and the best over the years. According to the ministry’s […]

Three win in Kulima Gold promotion

Kulima Gold millionaire promotion came to a final draw with three lucky winners walking away with K1 million each. The three are Mussa Mabvuto, Yotam Chaula and a Mrs Ali. […]

Government, World Bank sign agreement

The government and the World Bank have signed a financing agreement of the Lilongwe Water and Sanitation project expected to commence soon. World Bank is financing the project to the […]

Icam wants tax free band to hit K50,000

The Institute of Chartered Accountants in Malawi (Icam) has asked Treasury to consider increasing the tax free band for monthly income to K50,000 in the next financial budget. Currently, the […]