Tanzania agrees $1.7 billion deal with World Bank

Tanzania has agreed a new $1.7 billion financing deal with the World Bank to fund projects during fiscal year 2019/20, its finance ministry said on Saturday. The agreement, which is […]

Industry laments poor environment | The Times Group

By William Kumwembe: The Malawi Confederation of Chambers of Commerce and Industry (MCCC) has said the industry is still haunted by the high cost of doing business and energy woes. […]

Farmers cry foul over low prices

By Audrey Kapalamula: Lack of enforcement mechanisms on minimum prices is said to be hindering farmers from maximising profits on their agricultural produce. A recent study by the African Institute […]

World Bank tips Malawi on ending poverty

By Taonga Sabola: The World Bank has said Malawi and other sub Saharan countries need to put in place actions that boost productivity in the agriculture sector, foster rural development, […]

Mozambique power ready 2022 | The Times Group

By Macdonald Thom: Malawi is expected to start tapping power from neighbouring Mozambique in 2022 through the power interconnection project, a move expected to help solve energy woes facing the […]

Private sector credit drops further in February

By William Kumwembe: Credit extended to the private sector remained on a downward spiral in February when it shrunk by 1.0 percent to settle at K442.7 billion, figures from the […]

IMF trims Malawi’s GDP forecast

By Taonga Sabola: GOPINATH—This is a delicate moment for the global economy The International Monetary Fund (IMF) lowered its forecast for Malawi’s economic growth to four percent in 2019 and […]

Standard Bank clocks 50 years

By Sharon Chirwa: LE ROUX—We promise to remain a solid partner One of the country’s commercial banks, Standard Bank plc, is commemorating its golden jubilee with what it calls renewed […]

No date for start of tobacco sales

By Chimwemwe Mangazi: MWANAMVEKHA The Tobacco Control Commission (TCC) has said everything is in place to commence tobacco sales at all tobacco markets in the country but that it is […]

Malawi to tap from $100 million AfDB recovery fund

Taonga Sabola: The African Development Bank (AfDB) has announced plans to set up a $100 million response and reconstruction programme for Malawi, Mozambique, and Zimbabwe to kick-start economic recovery and […]