Banks hike reference rate - The Nation Online

Neef dangles micro industry loan of up to K250m

National Economic Empowerment Fund (Neef) says it is targeting to reach 300 micro-industries with capital financing through its micro industry loans. Launched in July 2022, the loan facility, which ranges […]

Unicaf awards Young Innovators – The Times Group

Unicaf awards Young Innovators – The Times Group

Unicaf University Vice- Chancellor Robert Ridley has said the university is committed to promoting research and innovation, especially within the context of Malawi 2063. He was speaking on Friday during […]

Malawi poised to get $174m under new ECF

Malawi poised to get $174m under new ECF

Malawi is set to unlock $174 million (about K195 billion) staggered over a four-year period after local authorities and the International Monetary Fund (IMF) mission team agreed on a set […]

Malawi, others struggle to reduce poverty—UN

Malawi, others struggle to reduce poverty—UN

The United Nations (UN) says Malawi alongside other Least Development Countries (LDCs) are vulnerable to the persistent and acute crises that are affecting the outcomes of the 17 Sustainable Development […]

IMF calls on RBM to tighten policy

IMF to Give Malawi $174 Million Loan

The International Monetary Fund (IMF) has reached a staff-level agreement with Malawi on a new $174 million loan to support the country’s economic recovery. The loan is subject to IMF […]