Category Archives: Business

Malawi Economy On Track: Bank Lending Rate Cuts Earn President Mutharika Praises

An economic expert has applauded the Reserve Bank of Malawi (RBM) for slashing the lending rate to 18 percent effective Wednesday this week. Economic expert Ben Kalua disclosed that Malawi has been waiting to get a cut in lending rate by the country’s central bank but economic glitches had forced the bank to hike the rate making it more challenging

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African Problems Need African Solutions -Prophet Shepherd Bushiri On His Corporate Side

In just two years, Prophet Shepherd Bushiri Founder of the Enlightened Christian Gathering (ECG), says his Ministry has registered over 300,000 new members. But why is the ECG such a crowd puller in so short a time? Blending the spiritual needs of his followers, with skills to navigate daily challenges  with success seems to be the winning recipe. “We do

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IMF Approves Immediate Disbursement Of $ 26.9 Million To Malawi: Impressed With APM Govt Financial Prudence, Reforms

IMF Executive Board Completes Ninth Review under Malawi’s ECF Arrangement and Approves US$ 26.9 Million Disbursement June 21, 2017 The program is aimed at macroeconomic stability, growth, economic diversity and reduced poverty. Real GDP Growth is expected to pick up in 2017 due to better prospects for agricultural output. The macroeconomic outlook remains challenging, reflecting uncertainties related to adverse weather

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Mulele Urge Malawian Youths To Be Self Reliant:Meet The Man Behind Service Touch

After looking at how university graduates are struggling to get employed, Emmanuel Mulele has called on graduates in the country to a litmus test where they are expected to put theories leant at college into practice with ServiceTouch. ServiceTouch grooms the graduates to the expectation of the industry. Mulele, who is the founder and Chief Consulting Officer for ServiceTouch says

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