Reserve Bank of Malawi still confident on rate cut impact

Reserve Bank of Malawi cagy on gold market

Onilie Nkuna Grain Malunga Reserve Bank of Malawi (RBM) is cautious on joining the global market in trading gold it is buying from Artisanal and Small-scale Miners (ASMs) in the […]

New initiative to cut charcoal use in Lilongwe

New initiative to cut charcoal use in Lilongwe

Two international firms, C-Quest Capital and Ener- G-Africa, have embarked on an initiative aimed at reducing the use of charcoal at household level in Malawi’s Capital, Lilongwe, by 50 percent. […]

Malawi to save K7.2 billion from IMF debt relief

IMF speaks on Extended Credit Facility delay

Felix Mlusu International Monetary Fund (IMF) Resident Representative Farayi Gwenhamo has indicated that discussions on a fresh Extended Credit Facility (ECF) programme have delayed because of issues the fund needed […]

Malawi lists AfCFTA protected products

AfCFTA tariff lines on track—Ministry

The Ministry of Trade has expressed optimism that it will beat the June 30 deadline to submit tariff lines to the African Union (AU) for Malawi to start trading with […]

UN Sacco surplus up 7%

UN Sacco surplus up 7%

KALIMA—We will survive United Nations (UN) Savings and Credit Cooperative (Sacco) has posted a K116.8 million surplus for the year ended December 2020, a published financial performance statement has shown. […]

Cotton market starts today - The Times Group Malawi

Low production, demand frustrate cotton industry

AMONG CASH CROPS—Cotton By Wezzie Gausi: Stakeholders in the cotton value chain have indicated that declining production and demand on the international market are devastating the cotton industry in the […]

Malawi, South Sudan sign $150 million deal

Malawi, South Sudan sign $150 million deal

Malawi has signed a deal worth over $150 million [about K120 billion] with South Sudan to supply maize, maize flour, sugar, rice and ground nuts to that country. In return, […]

Firm for partnership in agri revitalisation

Firm for partnership in agri revitalisation

Growth prospects for the agriculture sector, Malawi economy’s mainstay, remains murky as it continues facing myriad challenges which require urgent attention and collaborative effort, experts have said. The challenges include […]

Mangochi chiefs want Water Project expedited

Mangochi chiefs want Water Project expedited

Nancy Tembo Traditional leaders in Mangochi District have asked the government to ensure a speedy rollout of the Nkhudzi Water Project. In separate interviews, Senior Chief Nankumba and Group Village […]