Microfinance institutions urged to support women
In an effort to promote financial inclusion and equality, Microfinance institutions have been urged to develop policies that ensure that women have access to financial services.
Limited resources, a setback to youth economic empowerment
Youths from Traditional Authority Chigalu in Blantyre have urged government and development partners to support them with technical, vocational skills and business capital to ensure their economic empowerment.
Residents hail Mtukula pa khomo wa Mmizinda
Beneficiaries of Emergency Urban Cash Transfer Intervention (Mtukula Pakhomo wa Mmizinda) in Blantyre have hailed government for providing them with cash transfers to alleviate immediate economic hardships they face in day to day life as each of the 43,355 beneficiaries received K150,000 this week.
Elderly people in Rumphi tout social cash transfer program
Elderly people in Rumphi say social cash transfer programme (SCTP) has offered them a chance to live dignified lives and has rescued them from abject poverty.
Chakwera determined to revamp the economy – Chithyola
The Minister of Finance and Economic Affairs Simplex Chithyola Banda on Sunday assured Malawians of President Dr. Lazarus McCarthy Chakwera’s commitment to revamp the economy to spur social and infrastructural development.
Minister urges state owned enterprises to implement austerity measures
Minister of Finance and Economic Affairs, Simplex Chithyola Banda, has urged state-owned enterprises (SOEs) to enact significant cuts in expenditures in a bid to align with government imposed austerity measures.
40 businesses shortlisted for R24m Creation Africa mentorship programme
Creation Africa has shortlisted 40 businesses to participate in a mentorship programme targeting cultural and creative entrepreneurs in the African continent.
Business captains commend Chakwera government to stabilizing forex reserves
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has commended President Dr. Lazarus McCarthy Chakwera and his administration for stabilizing foreign exchange reserves.
Chakwera saluted for being true democrat
Small and medium business operators in Lilongwe have saluted President Dr. Lazarus McCarthy Chakwera for demonstrating to be a true democrat and practicing civilized politics.
NEEF applauds faith leaders on loan repayment
The National Economic Empowerment Fund Limited (NEEF) says it is very impressed with the way faith leaders have been repaying loans that they accessed from the company.
National Bank commits to finance artisanal, small-scale mining in Malawi
National Bank of Malawi (NBM) – a leading banking institution in Malawi – has expressed commitment to providing startup capital to artisanal and small-scale miners to facilitate growth of the sector.
ATM Strategy to boost Malawi’s Economy in 2024/2025 Budget
Minister of Finance and Economic Affairs, Simplex Chithyola Banda, says government has committed itself to recover the country’s economy through Agriculture, Tourism and Mining (ATM) strategy.
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Mutharika sets bold path for economic recovery amid fiscal turmoil
The President’s message marks a shift from rhetoric to reform — promising a mix of fiscal discipline, debt restructuring, and renewed trust in governance as the pillars of economic recovery. But as experts warn, implementation will determine whether the blueprint delivers real relief to Malawians still burdened by inflation and poverty.
Mutharika reintroduces FISP, declares food security top priority
President Arthur Peter Mutharika has reaffirmed his administration’s commitment to ensuring that no Malawian dies of hunger, announcing sweeping interventions in the agriculture sector,...
RBM warns of inflation surge, keeps policy rate at 26%
The Reserve Bank of Malawi has kept the Policy Rate at 26%, warning that inflation could reach 28.9% by year-end due to fuel prices and weak fiscal control.