Recently, Malawi has witnessed an increase in unregulated money lenders, popularly known as “Katapila”. These informal lenders, mostly operating outside the range of the Reserve Bank of Malawi (RBM) and other financial regulators,...
FDH Bank Plc has issued a cautionary statement advising the public of its ongoing efforts to acquire a controlling stake in a bank within the African region. The announcement, dated 2nd January 2025,...
As the curtains closed on 2024, the Malawi Stock Exchange (MSE) demonstrated remarkable resilience and growth, with the Malawi All Share Index (MASI) posting a 55.06% increase in local currency terms. This solid...
Imagine a future where network towers are no longer the backbone of connectivity, and the internet reaches even the most remote corners of Malawi, not through cables or towers, but directly from space....
In a nation grappling with persistent economic turbulence, one sector stands out for its remarkable resilience—banking. While many industries struggle to stay afloat, Malawi’s banks are raking in record profits, weathering every economic...
In Malawi’s bustling markets and small shops, a quiet rebellion is unfolding against one of the country’s smallest currency denominations: the MK20 note. Vendors, small shop owners, and even some retailers are refusing...
Telekom Networks Malawi Plc (TNM) a listed company on the Malawi Stock Exchange(MSE) has disclosed a proposed related party transaction involving a shareholder loan from Press Corporation Plc (PCL), a major stakeholder holding...
Three former executives at Press Corporations Limited (PCL) which include —former Group Chief Executive Officer George Partridge, former Group Financial Controller Elizabeth Mafeni, and former Company Secretary Bernard Ndau—are demanding compensation for alleged...
It has been about 6 months since the International Monetary Fund (IMF) last visited Malawi to discuss matters related to the Extended Credit Facility (ECF). The absence of communication from the IMF regarding...
You’ve probably heard people say, “Invest in shares and grow your money!” But what exactly are shares, and how do they work? For many Malawians, the stock market can seem confusing or out...
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