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RBM spends over K600m on gold

August 20, 2021August 20, 2021 Julius MbeweBusinessNo Comment on RBM spends over K600m on gold

The Reserve Bank of Malawi (RBM) has disclosed that it has spent over MK600 million to buy 15 kilograms of…

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MCCL yet to service NOCMA’s K1bn loan

August 16, 2021August 19, 2021 Julius MbeweBusinessNo Comment on MCCL yet to service NOCMA’s K1bn loan

The National Oil Company of Malawi (NOCMA) has disclosed that it is facing challenges to recover about K1 billion from…

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RBM drafts bill to curb digital fraud

August 12, 2021August 12, 2021 Julius MbeweBusinessNo Comment on RBM drafts bill to curb digital fraud

Amid a rise in cases of digital fraud, the Reserve Bank of Malawi (RBM) says it is working on coming…

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Industrialization strategy to promote rural areas

August 4, 2021 Lisa LamyaBusinessNo Comment on Industrialization strategy to promote rural areas

Ministry of Industry says it is optimistic that the rural industrialization strategy which the ministry is implementing will bring more…

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RBM maintains policy rate at 12%

August 3, 2021 Mabuchi ChungaBusinessNo Comment on RBM maintains policy rate at 12%

The Monetary Policy Committee (MPC) has resolved to maintain the policy rate at 12% for the third time this year.…

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Cotton market better than last year – AICC

July 30, 2021 Mabuchi ChungaBusinessNo Comment on Cotton market better than last year – AICC

The African Institute for Corporate Citizenship (AICC) commended the progress of this year’s cotton market is progressing well and that…

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Tobacco sales drop in week 14

July 30, 2021July 30, 2021 Mabuchi ChungaBusinessNo Comment on Tobacco sales drop in week 14

There was a slight dip in prices for all tobacco types in week 14 of the tobacco market compared to…

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Fum asks Admarc to invest in maize dryers

July 15, 2021July 15, 2021 Mabuchi ChungaBusinessNo Comment on Fum asks Admarc to invest in maize dryers

Farmers Union of Malawi (Fum) has called on the Agricultural Development and Marketing Corporation (Admarc) to invest in grain drying…

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Kanema unveils live TV mobile App

July 15, 2021July 15, 2021 Augustine MuwotchaBusinessNo Comment on Kanema unveils live TV mobile App

By Ellen Banda Kanema Advertising and Media company has introduced a mobile application that will allow people to watch Television…

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Tobacco sales volume drop in week 12

July 14, 2021July 15, 2021 Mabuchi ChungaBusinessNo Comment on Tobacco sales volume drop in week 12

Tobacco sales witnessed a slight drop in sales volume during the twelfth week of sales due to low deliveries on…

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Malawi to promote trade ties with Zimbabwe

July 14, 2021July 14, 2021 Alinafe NyasuluBusinessNo Comment on Malawi to promote trade ties with Zimbabwe

The Ministry of Trade says it is eying for more trade volumes between the country and Zimbabwe. The line Minister,…

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CFTC gears up consumer rights awareness

July 10, 2021July 10, 2021 Julius MbeweBusinessNo Comment on CFTC gears up consumer rights awareness

The Competition and Fair-Trading Commission (CFTC) says it has registered progress in sanitising the masses on consumer rights.  According to…

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