Malawi is facing another maize shortage even as some traders have started exporting the staple food, leaving farmers selling their produce below government-recommended prices. This troubling development comes at a …
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NicozDiamond Celebrates 60 Years of Insurance Excellence, Resilience, and Innovation.
NicozDiamond Insurance Limited, one of Zimbabwe’s oldest and most respected insurance companies, has marked its 60th anniversary with a grand event at Siyekhaya Estate in Borrowdale, Harare. The celebration, themed …
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Banking, Finance & InvestmentDevelopmentEconomyFinance & ServicesGhanaMALAWIZAMBIA
Fitch Downgrades Afreximbank Credit Rating to BBB-, Flags High Risks and Weak Transparency
Fitch Ratings has downgraded the credit rating of the African Export-Import Bank (Afreximbank) by one notch to BBB-, just above junk status, citing growing credit risks and weak risk management …
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AgribusinessAgricultureBusiness InsightsBusiness PoliciesEconomyInfrastructureInternational RelationsPoliciesSouth AfricaTANZANIATrade and Commerce
Tanzania and Malawi End Trade War After Retaliation Threats and Regional Pressure
Tanzania and Malawi have finally agreed to end their trade dispute following weeks of escalating tensions and reciprocal import restrictions. The two countries, joined by South Africa which was also …
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AgricultureBusinessEastern AfricaEconomyGOVERNMENTInternational RelationsMALAWINewsSouth AfricaTANZANIATrade and Commerce
Tanzania and Malawi End Trade War, Agree to Lift Restrictions and Implement Regional Trade Deal
Tanzania and Malawi have officially ended their trade dispute, agreeing to lift restrictions that had affected the movement of goods between both countries. After holding bilateral talks, the two nations …
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AfricaAFRICA NEWSMALAWISouthern Africa
Hitesh Anadkat, one of Malawi’s richest businessmen, amasses $73-million fortune in one year through FMB Capital stake
by Editorby EditorOver the past year, Hitesh Anadkat, a prominent Malawian banker and successful businessman, has amassed a multimillion-dollar fortune from his shares in FMB Capital Group. His stake in the Mauritius-based …
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AfricaAFRICA NEWSMALAWISouthern Africa
IMF says Malawi economy stabilizing under Chakwera
by Editorby EditorThe International Monetary Fund (IMF) has claimed that President Lazarus Chakwera’s government is making efforts in stabilizing the country’s economy. The IMF delegation led by first deputy manager Gita Gopinath …
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AfricaAFRICA NEWSBanking, Finance & Investment
NBS Bank to reward customers for embracing digital channels
by Editorby EditorNBS Bank plc says it is taking its digital transformation efforts to the next level with the recent upgrade of its mobile banking platform to ensure that customers are rewarded …