Kaunjika traders face uncertainty as government revokes licenses
By Twink Jones Gadama The Ministry of Trade and Industry has announced the immediate revocation of all business licenses for…
Category: Business
Malawi’s inflation rate takes a slight uptick
By Twink Jones Gadama Malawi’s inflation rate has edged up to 28.5% in January 2025, marking a slight increase from…
Cooking oil prices skyrocket to MWK 195,000, sparking calls for leadership resignation
By Burnett Munthali The cost of living in Malawi continues to rise sharply, with the latest blow being the soaring…
Malawi Revokes All Mining Licenses Amidst Export Scandal
By Draxon Maloya The Malawi government has taken drastic measures by revoking all mining licenses with immediate effect, following revelations…
New bank tariffs to take effect on February 10, 2025
By Twink Jones Gadama In a move that is expected to impact bank customers across the country, a new set…
Burkina Faso Unveils Africa’s First Locally Assembled Electric Car Brand, ITAOUA
By Twink Jones Gadama In a groundbreaking ceremony held in Ouaga 2000, a district in Burkina Faso, the West African…
Government faces Growing financial crisis: Delays in salary payments and local council funding
By Burnett Munthali In a troubling turn of events, the central government of Malawi is facing increasing financial difficulties, with…
FDH Bank Plc reaches K1.9 trillion market capitalisation, becoming Malawi’s second most valuable company
By Burnett Munthali FDH Bank plc has achieved a remarkable milestone by reaching a market capitalisation of K1.9 trillion, making…
Prospects of Reduced Inflation in Malawi: A Glimmer of Hope for 2025
By Burnett Munthali As Malawi grapples with economic challenges, inflation has been a pressing issue for both households and businesses…
Reserve Bank of Malawi Maintains Policy Rate at 26%: A Strategic Move for Economic Stability
By Burnett Munthali In a significant development for Malawi’s economic landscape, the Monetary Policy Committee (MPC) of the Reserve Bank…