Centenary Bank supports Fimda – The Times Group

Centenary Bank supports Fimda – The Times Group

By Llywellenie Mpasa Centenary Bank Limited has contributed K2 million towards hosting of this year’s Financial Market Dealers Association (Fimda) lakeshore conference. The three-day conference, scheduled to start in October […]

Malawi's Macadamia production projected to rise

Malawi’s Macadamia production projected to rise

Gala Farms chief executive officer Christo Bothma has said Malawi is rising steadily in macadamia production on the global market, describing it as a promising forex earner. This was disclosed […]

RBM sees light in debt restructuring negotiations

Kwacha falls again, now trading at K1180

The Malawi kwacha has depreciated by 4.7 percent against the US dollar following the foreign exchange auction that the Reserve Bank of Malawi (RBM) conducted on Wednesday. The drop, which […]

 Calls mount for paye, Minimum wage review

Subdued economy affecting job creation—Ecam

Employers Consultative Association of Malawi (Ecam) says the current economic environment threatens employers’ capacity to create more jobs and ensure that they remain in business. Ecam’s assertions come on the […]

Pressure on forex to persist, says firm

Domestic borrowing reduces forex risks

Ministry of Finance has justified its stance to borrow from the domestic market, saying raising money locally for development projects gives it alternative sources of financing, thereby reducing foreign exchange […]