Category: Business News
Breaking Malawi business news with the latest financial reports, economy news, stock updates & investing ideas.
Petroleum Importers Limited touts safety training impact
Fuel importing consortium, Petroleum Importers Limited (PIL), has hailed a series of its safety awareness trainings for automobile drivers, saying it has helped minimise accidents. PIL, in collaboration with the […]
Sadc laments lowering regional food output
NEEDS REVAMPING—Agricultural production Southern African Development Community (Sadc) has challenged member-states to consider implementing comprehensive multi-year response plans in tackling food insecurity. Sadc says countries also need to develop sustainable […]
Debt to GDP ratio remains elevated
Malawi’s debt to Gross Domestic Product (GDP) ratio has more than doubled since 2011, seen at slightly higher than 60 percent in the last financial year. Investment management and advisory […]
Substandard electronic machines worry Macra
CHIWONI— The process ensures conformity tostandards The Malawi Communications Regulatory Authority (Macra) has said it is shocked with the influx of substandard ICT equipment in the country. Macra acting Director […]
Admarc and its ‘chicken arithmetic’
Malawian maize producers were happy on Friday when they learnt that government has directed the Agriculture Development and Marketing Corporation (Admarc) to raise the price of buying maize from K150 […]
Cost of ‘delay’ – The Times Group Malawi
CHIMWAZA—Government was supposed to planaccordingly Farmers have lost about K80 million of potential proceeds due to the government’s delays in buying farmers, maize, a study by the African Institute for […]
Firm sees further rise in inflation
Investment management and advisory firm, Alliance Capital Limited, has predicted continued rise in headline inflation in coming months owing to maize price volatility on the market. In its monthly economic […]
All set for ICT Expo
FUDZULANI —We are hopeful All is set for the two-day inaugural Information Communication Technology (ICT) Expo which starts on Thursday in Lilongwe. To be held under the theme ‘ICT as […]
Banking sector assets up 4.4%
Total banking sector assets grew by 4.4 percent to K1, 744.1 billion in the first half of 2019, recent Reserve Bank of Malawi (RBM) figures show. The increase was largely […]
Inflation soars to 9.3 percent
Malawi’s headline inflation inched up by 0.3 percentage points to 9.3 percent in July 2019 as food prices continued biting hard, a development the Reserve Bank of Malawi (RBM) has […]