Justin Mkweu
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Business
Internet banking subscribers drop
The total number of subscribers for internet banking services dropped by 9.3 percent between December 2021 and December 2022, a…
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Business
Malawi, others in debt distress
The International Monetary Fund (IMF) has said sixty percent of low income countries, a category under which Malawi falls, are…
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Business
Digital payment transactions up 34% as value drops 14%
Malawians continue to embrace digital payment systems, witnessed by a 34.4 percent rise in transactions at a record 1.1 billion…
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Business
Government hopes for ECF as IMF review meetings resume
By Justin Mkweu & Chimwemwe Mangazi: Local authorities continue to plead for an Extended Credit Facility (ECF) from the International…
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Business
Fertiliser prices drop globally, rise locally
While fertiliser prices have in recent months been dropping globally, the case is different in Malawi. A Market Intelligence report…
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Business
DHL plants 9,000 trees in Mulanje
One of the country’s logistics firms, DHL, planted over 9,000 trees in the area of Senior Chief Nkanda in Mulaje…
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Business
Private sector laments continued forex shortage
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has indicated that continued foreign exchange shortages are impinging on operations…
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Business
Tobacco growers upbeat over 2023 minimum price
Tobacco growers in the country have indicated that they expect minimum tobacco prices in the 2023 marketing season to be…
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Business
Forex reserves drop by 21 percent in 2022
Malawi’s gross foreign exchange reserves dropped by 21 percent between December 2021 and November 2022, a report from Bridgepath Capital…
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