Commission nods to MyBucks, New Finance Bank merger

The Comesa Competition Commission (CCC) has approved the acquisition of 50 percent shareholding by MyBucks in New Finance Bank Limited (NFB). The approval has been given without conditions, according to […]

Blackouts hit tea sector | The Times Group

Players in the tea industry are faulting unreliable power supply as one of the major factors leading to a decline in the volumes of tea produced over the years. At […]

Inflation basket eyebrows | The Times Group

As headline inflation continues to go down, recorded at 8.4 percent as at the end of September, there are fears that the figures may not be an accurate reflection of […]

Tripartite signatures rise to 21

Mauritius has become the latest member state in the Common Market for Eastern and Southern Africa (Comesa) to sign the Tripartite Free Trade Area Agreement (TFTA), injecting fresh momentum into […]

Banks upbeat on economic growth

The Bankers Association of Malawi (Bam) expects the sector to remain resilient if the positives registered in the economy continue in the foreseeable future. Bam President, Paul Guta, said improvements […]

229 graduate from banking school

Commercial banks in the country have been challenged to value integrity and professionalism if the sector’s input to the economy is to remain relevant. University of Malawi Vice Chancellor, John […]

Inflation down to 8.4 percent

Malawi’s headline inflation continued on its downward spiral, decelerating by 0.9 percentage points from 9.3 percent in August to 8.4 percent in September, the National Statistical Office (NSO) has said. […]

Financial market dealers challenged on innovation

Financial market dealers have been challenged to craft new financial instruments which would help facilitate the accumulation of capital from abroad to help strengthen the country’s weak balance of payments […]

More blackouts until December | The Times Group

Malawians should brace for more blackouts until December 31, the Electricity Generation Company (Egenco) disclosed on Wednesday, saying the generation capacity will not improve if rains do not come on […]

Ethanol Company Limited eyeing new markets

Ethanol Company Limited (EthCo), a subsidiary of conglomerate Press Corporation Limited (PCL) has said it is geared to expand its footprint in Malawi and beyond. EthCO Chief Executive Officer, Lusubilo […]