News

IMF TO EVALUATE ECF, PENDING POLITICAL TENSION

The International Monetary Fund (IMF) postponed two Technical Assistance (TA) missions that wer..

  • August 30, 2019

MALAWI POSTS CORPORATION LOSING K500m PER YR

Out of 180 post offices, only 30 are making profits, resulting into a K500 million loss per yea..

  • August 30, 2019

MUTHARIKA WELCOMES NEW U.S AMBASSADOR

Malawi has welcomed her 20th U.S Ambassador to the Republic of Malawi, Mr. Robert K. Scott. In..

  • August 30, 2019

BREXIT, US/CHINA TRADE WAR TO AFFECT MW ECONOMY

A Financial Stability Report by Reserve Bank of Malawi (RBM) says the current to global economi..

  • August 29, 2019

POTATO SELLER WINS K29m IN PREMIER BET

A 34-year old Irish potato seller John Solomon, from Chisapo in Lilongwe, has won MK29 million...

  • August 29, 2019

IMPRESSIVE SAVINGS RATE ATTRIBUTED TO POLICY DROP

The reduction in policy rate in May this year by 100 basis points to 13.5% will positively impa..

  • August 29, 2019

FDH COMMITS K3.5 MILLION TO AGRICULTURE

FDH Bank has handed over K3.5 million sponsorship to Total Land Care (TLC) towards sustainable ..

  • August 28, 2019

TOBACCO ACT IMPOSES STRICT OVERPRODUCTION PENALTIES

A lowered demand by buyers met an oversupply of 35%, and months later a new tobacco act was int..

  • August 28, 2019

ESCOM GENSETS DEAL ON STANDSTILL

During a tour at the Electricity Supply Corporation of Malawi (Escom) in Blantyre, Minister of ..

  • August 28, 2019