Category: Business News
Breaking Malawi business news with the latest financial reports, economy news, stock updates & investing ideas.
Whip commercial banks, Cama tells Reserve Banks of Malawi
By William Kumwembe: Consumers Association of Malawi (Cama) has urged the Reserve Banks of Malawi (RBM) to whip commercial banks for not responding positively to the recent policy rate cut. […]
New pact to fight financial crimes
By Chimwemwe Mangazi: The Reserve Bank of Malawi (RBM) on Monday teamed up with seven other institutions to fight financial crimes in the country. The seven include the Office the […]
Adopt farming technologies, farmers told
By Jacqueline Ndindi: FACES COMPETITION— Tobacco Tobacco farmers have been encouraged to adopt advanced technologies to shore up production. Speaking when Agricultural Research and Extension Trust (Aret) organised a field […]
Government consults on 2019 tobacco prices
By Imam Wali Contributor: YANAGISAWA— Appreciating tobacco at the floors Ministry of Agriculture is consulting tobacco industry stakeholders on minimum buying prices for the leaf ahead of the 2019 marketing […]
Agriculture to grow by 2%
By Taonga Sabola: Malawi’s main driver of the economy, agriculture, is expected to rebound to two percent this year, up from 0.6 percent, the first Monetary Policy Report for 2019 […]
Tradition, not technology, excites Kenyan farmers
By Caroline Wambui: As Mary Mbaka tended to crops on her farm in central Kenya, she wondered if she could rely on recent heavy rains to keep them watered, or […]
Illovo profit hits K16.4 billion
By Florence Magowa: ROBUST— Sugar production at Nchalo Illovo Sugar Malawi recorded a K16.4 billion profit in the year-ended August 31 2018, up from K7 billion registered in 2017, the […]
Banks react to policy rate cut
By Taonga Sabola: THULA—Incentivise savers The country’s commercial banks have started reacting to last month’s policy rate cut by the Monetary Policy Committee (MPC) of the Reserve Bank of Malawi […]
Government worries Select Finance | The Times Group
By Chimwemwe Mangazi: One of the country’s microfinance institutions, Select Financial Services, has described the non-remittance by government of payments duly deducted from civil servants as a major challenge facing […]
UN challenges Malawi on energy situation
By Chimwemwe Mangazi: The United Nations has tipped Malawi to increase investment in the energy sector and harmonise the regulatory framework to enhance access to energy services among Malawians and […]