FinES Project disburses K32bn to MSMEs in Malawi
World Bank-funded Financial Inclusion and Entrepreneurship Scaling (FinES) Project has disbursed MK32 billion to 33, 000 micro, small and medium enterprises (MSMEs) since the Reserve Bank of Malawi (RBM) rolled out the project mid 2021.
MBS certifies 59 companies, institutions in Central Region
Malawi Bureau of Standards (MBS) has awarded quality certificates to 59 companies and institutions in the Central Region for demonstrating consistent compliance of various standards of products.
2880 women entrepreneurs benefit from NBM’s ‘Amayi Angathe’ loan
Over 2, 880 women entrepreneurs have benefited from National Bank of Malawi (NBM) Plc's 'Amayi Angathe' loan since its launch in 2019.Â
NEEF incurs huge losses due to Weak Systems, High Default Rate
National Economic Empowerment Fund (NEEF) has incurred a K13.6 billion loss while non-performing loans have also been increasing, the 2023 Annual Economic Report from the Ministry of Finance and Economic Affairs reveals.
‘Effective social protection systems key to successful and sustainable economies’
The Embassy of Ireland in Malawi has emphasized the need for Malawi to pursue effective social protection systems, saying these are an imperative component of successful and sustainable economies across the world.
Oxfam Malawi drills journalists in Public Finance Management reporting
In an effort to deepen knowledge and understanding of the Public Finance Management issues, Oxfam Malawi on Wednesday organized a one-day training for journalists to enable them to acquire knowledge and skills for reporting on budget, public finance management and public expenditure.
