Minister reiterates mining potential to economy

Minister reiterates mining potential to economy

Minister of Mining Monica Chang’anamuno says government has put the mining sector at the centre of the economy as part of diversification efforts away from agriculture. The minister said this […]

Treasury borrowing pushes up T-Bills rates

Treasury borrowing pushes up T Bills rates

The Treasury Bills (T-bills) market is gaining momentum with rates on all the tenors rising largely due to Treasury’s growing appetite for domestic borrowing, Business Review has established. In the […]

Agriculture sector faces K563bn funding gap

Agriculture sector faces K563bn funding gap

Malawi has a financing gap of $543 million (about K563 billion) required to achieve the transition to sustainable agriculture and foods systems by 2030, International Institute for Sustainable Development data […]

Nissan Malawi supports Cyclone Freddy survivors

Nissan Malawi supports Cyclone Freddy survivors

Nissan Malawi on Saturday donated K8 milion worth of assorted food and non-food items at Mpama Camp in Chikwawa District in response to Cyclone Freddy. The items included blankets, sugar, […]

World bank cautions on forex shortage

World bank cautions on forex shortage

The World Bank says Malawi needs to urgently address the prevailing foreign exchange crisis, warning that prolonged forex shortage could impede business and economic growth. In its published overview on […]

World Bank warns of food price crisis

World Bank warns of food price crisis

The World Bank says Malawi faces food price crisis, particularly the staple grain maize, largely on account of the weather-related shocks and the continued harsh economic vulnerabilities. The World Bank, […]

World bank cuts 2023 growth to 1.6 percent

World bank cuts 2023 growth to 1.6 percent

The World Bank has slashed Malawi’s 2023 gross domestic product (GDP) growth rate projection to 1.6 percent, a development the Bretton Woods institution says signifies that economic recovery will be […]