William Kumwembe
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Business
Agriculture to grow by 3.9%
Malawi’s main driver of the economy, agriculture, is expected to rebound to 3.9 percent in 2019 up from 0.9 percent…
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Business
Petroleum Importers Limited touts safety training impact
Fuel importing consortium, Petroleum Importers Limited (PIL), has hailed a series of its safety awareness trainings for automobile drivers, saying…
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Business
Debt to GDP ratio remains elevated
Malawi’s debt to Gross Domestic Product (GDP) ratio has more than doubled since 2011, seen at slightly higher than 60…
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Business
Banking sector assets up 4.4%
Total banking sector assets grew by 4.4 percent to K1, 744.1 billion in the first half of 2019, recent Reserve…
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Business
Treasury closes financial year with surplus
After seeing budget deficit widening for a greater part of the 2018/19 financial year, the Central Government closed its budgetary…
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Business
Icon records K1.2 billion profit in two months
Malawi Stock Exchange (MSE)-listed property development and management firm, Icon Properties, registered a profit after tax of K1.28 billion for…
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Business
Inflation target revised upwards
By William Kumwembe: Reserve Bank of Malawi (RBM) has revised upwards 2019 annual inflation projection from eight percent to nine…
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