MRA impounds smuggled sugar | The Times Group

By Florence Magowa: SEIZED—The sugar bales The Malawi Revenue Authority (MRA) has intercepted 487 bales of sugar that were being smuggled into the country through Mwanza Border. The bales, belonging […]

Digital financial transactions hit 32%

By Taonga Sabola: Digital financial transactions soared by 19.6 percentage points between January 2018 and November 2018, Reserve Bank of Malawi (RBM) Governor, Dalitso Kabambe, has said. The development means […]

Firm to add 21mw to national power grid

By William Kumwembe: Electricity Supply Corporation of Malawi (Escom) Thursday signed a Power Purchase Agreement (PPA) with Phanes Energy Limited that could add 21 megawatts (mw) to the national power […]

Luanar intensifies bio-tech research | The Times Group

By Patricia Ngwale, Contributor: Lilongwe University of Agriculture and Natural Resources (Luanar) has installed new state-of-the-art equipment at its Biotechnology laboratory in a bid to intensify efforts towards bio-technology research […]

Icrisat releases new sorghum varieties

By Taonga Sabola: The International Crop Research Institute for the Semi-Arid Tropics (Icrisat) has released three improved sorghum varieties. The varieties are Pilira Three, Pilira Four and Pilira Five. Icrisat […]

‘Low fees could boost business registration’

By Taonga Sabola: A study by the World Bank’s Africa Region Gender Innovation Lab—in collaboration with the Global Practice for Finance, Competitiveness and Innovation and the Development Research Group—has revealed […]

CSOs push for rate capping

By Chimwemwe Mangazi: Civil Society Defenders Coalition Wednesday urged Parliament to consider people who borrow from commercial banks and other microfinance institutions when deliberating the pended Financial Services Act (Amendment) […]

Inflation seen at 9.3 % in first quarter

By Taonga Sabola: Monetary authorities expect the country’s headline inflation to hit 9.3 percent the first quarter (Q1) of 2019. Currently, inflation stands at 9.9 percent, down from 10.1 percent […]

Whip commercial banks, Cama tells Reserve Banks of Malawi

By William Kumwembe: Consumers Association of Malawi (Cama) has urged the Reserve Banks of Malawi (RBM) to whip commercial banks for not responding positively to the recent policy rate cut. […]

New pact to fight financial crimes

By Chimwemwe Mangazi: The Reserve Bank of Malawi (RBM) on Monday teamed up with seven other institutions to fight financial crimes in the country. The seven include the Office the […]