SOLD SHARES—SoftBank Uber shares have fallen after reports technology investment firm SoftBank is selling around a third of its stake in the US ride-hailing app. According to one report, SoftBank […]

Tobacco industry regulator, the Tobacco Commission (TC), remains optimistic that volume of the leaf brought to the market this season would tally its earlier 120 million kilogrammes (kg) estimate. This […]

FDH Bank Charity Mseka Malawi Stock Exchange-listed FDH Bank posted a post-tax profit of K4.5 billion in the half year ended June 30 2021, up from K3.2 billion posted during […]

Cosmas Chingwe Reference rate—a benchmark for other rates— averaged 12.0 percent in the first half of 2021, a rate market analysts say is ideal to spar economic activities. However, other […]

Over 6,000 small and medium entrepreneurs (SMEs) under Project Innovations Centre (PIC) have mobilised and invested over K500 million in various projects within a year. PIC Chief Executive Officer Kondwani […]

Betchani Tchereni Expectations are high that the country’s hosting of the Southern African Development Community (Sadc) meeting could boost forex inflow. Malawi will host the 41st Sadc summit from August […]

Gift Trapence The Public Procurement and Disposal of Assets Authority (PPDA) has suspended three firms from tendering for government businesses over misconduct on procurement and provision of Covid-related products and […]

Lyness Nkungula Interbank borrowing surged slightly to an average of 11.87 percent in the second quarter of 2021 as level of excess liquidity reserves eased, a situation financial market analysts […]

Hospitality industry The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) and the Malawi Tourism Council have described the resumption of vaccination in the country as a right path […]