Category: Business News
Breaking Malawi business news with the latest financial reports, economy news, stock updates & investing ideas.
Center for Social Concern asks Malawi Government to Depoliticize Admarc
Center for Social Concern (CfSC) has asked the government to consider removing political influence on the Agriculture Development and Marketing Corporation (Admarc) for the institution to improve its performance and […]
National Bank of Malawi has partnered with UNDP in SMEs development
National Bank of Malawi (NBM) plc has partnered the United Nations Development Programme (UNDP) in the growth accelerator programme which seeks to support Small and Medium Enterprises (SMEs) grow and […]
Controversial IMF predicts Malawi will grow 1% for 2020
The controversial International Monetary Fund (IMF) has maintained that the local economy would grow by one percent this year. The forecast, if it materializes, would mean the local economy may […]
Phillip Madinga is the new CEO of Standard Bank Malawi
Standard Bank has earmarked seasoned banker, Phillip Madinga, to be its new Chief Executive Officer subject to regulatory approvals from the Reserve Bank of Malawi (RBM), inside sources say. Madinga […]
Uncertain future for companies listed in the Malawi Stock Exchange
Trading statements issued by some Malawi Stock Exchange (MSE)-listed companies shown that most are poised to register subdued profitability for the six months period ending June 2020. Out of six […]
Economic Analysts rate first half of 2020 as challenging for Malawi’s economy
Business and economic analysts have rated the first half (H1) of 2020 as challenging as the country faced the double impact of Covid-19 and fresh presidential elections. Economics Association of […]
Icam, Sycamore partner to train finance managers in Malawi
Expectations are high that non finance managers from 13 private companies who recently participated in finance management training organised by the Institute of Chartered Accountants in Malawi (Icam) and Sycamore […]
World Food Programme sees domestic revenue declining in Malawi
As Covid-19 pandemic is still gathering pace in the country, so too is continued contracting of the economy, estimates by the World Food Programme (WFP). WFP estimates a 3.5 percent […]
Reserve Bank of Malawi maintains 5% inflation projection
The Reserve Bank of Malawi (RBM) has maintained a five percent inflation target to be attained by end of first quarter of 2021, despite possibility of achieving it being threatened […]
Malawi Confederation of Chambers of Commerce and Industry President has resigned
GIVEN NEW ROLE—KAPONDAMGAGA Malawi Confederation of Chambers of Commerce and Industry (MCCCI) president, Prince Kapondamgaga, has resigned from the private sector mouth-piece following his appointment at State House. Malawi’s new […]