Malawi's insatiable appetite for imported goods has widened its trade deficit with other economies as it has increased with 55.1 percent while exports shrinked.
NICO Technologies has launched "NICO TechAssist," a product designed to streamline the operational needs of Small and Medium Enterprises (SMEs) in Malawi.
Malawi Bureau of Standards (MBS) and Mozambican Standards body, Instituto Nacional de Normalização e Qualidade (INNOQ) officials are upbeat that their collaboration will reduce the cost of doing business, facilitate trade, and regional integration.
The Reserve Bank of Malawi (RBM) has reiterated that refusing to accept and transact using K20 banknotes is against the law.
CDH Investment Bank has reported strong interim results for the first half of the year ending 30 June, 2024, posting K8.3 billion profit after tax — a 53 percent increase from the K5.5 billion reported in the same period last year. The unaudited results published in a statement have been endorsed by the bank’s board and executive.
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