Category: Business News
Breaking Malawi business news with the latest financial reports, economy news, stock updates & investing ideas.
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
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
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 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
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 […]
RBM moves to increase financial inclusion by 75%
The Reserve Bank of Malawi (RBM) has outlined an ambitious plan to increase access to formal financial services to 75 percent from the current 46.1 percent of the adult population […]
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, […]
Ecobank Malawi sponsors K30m for Malawi Exporters Awards
Ecobank Malawi has secured the K30 million headline platinum sponsorship for the inaugural Malawi Exporters Awards being organised by the Malawi Investment and Trade Centre (Mitc) in Lilongwe. Speaking yesterday […]
Women business leaders in Malawi told to inspire positive change says Reserve Bank of Malawi
Reserve Bank of Malawi (RBM) executive director for corporate services Mercy Kumbatira has advised women business leaders to inspire positive change in their respective workplaces to enhance the country’s development. […]
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 […]