CO-SIGNED THE STATEMENT—Mseka Malawi Stock Exchange-listed FDH Bank plc has posted a K14.9 billion post-tax profit for the year ended December 31 2020, up from K5.1 billion recorded the previous […]

Malawi Stock Exchange-listed National Bank of Malawi (NBM) plc has posted a profit-after-tax of K22.45 billion for the year ended December 31 2020. The profit is 31 percent higher than […]

Lauryn Nyasulu Local economic think-tank, the Economics Association of Malawi (Ecama) has said prospects for the remaining part of the year look generally positive owing to expected bumper yield and […]

EQUALLY AFFECTED—Construction sector Players in the real estate sector have indicated that they have lost about 30 percent of businesses due to Covid pandemic. Innobuild Limited Chief Executive Officer Billy […]

Mike Mlombwa Lazarus Chakwera The Indigenous Businesses Association of Malawi (Ibam) has urged government to come up with a policy to concretise the local small and medium enterprise (SME) directive […]

Lauryn Nyasulu Treasury’s unquenched thirst for domestic borrowing has moved reference rate—a benchmark for other rates—upwards, a development which has potential to rob Malawians of chances to access relatively cheaper […]

Maize Betchani Tcheleni The International Monitory Fund (IMF) says it expects the local economy to grow by about 2.2 percent in 2021. The IMF said this in its April World […]

Some farmer associations continue to protest the farmgate prices which were announced by the government last week, saying that they might not make the most of their toil. Agriculture Minister […]

MyBucks Banking Corporation has recorded a K2.2 billion profit-after-tax for the year ended December 31 2020, up from K1.4 billion recorded during the corresponding period in 2019. This represents a […]

INFLUENTIAL—Commercial banks Economic experts and industry captains have described the first quarter of 2021 as a mixed bag, citing the Covid second wave as the biggest threat to growth prospects, […]