Banks loaded with bad loans.

A World Bank report has revealed that commercial banks in Malawi are overloaded with non-performing loans which on average account for up to 15 percent of the total outstanding loans, a situation More »

Clubs gang up against NRFA

It does not rain but pours for Northern Region Football Association (NRFA). Despite Football Association of Malawi’s plea for a cease fire, NRFA is now facing a revolt from clubs. Some 16 More »

Rainbow Paints sponsorship at K4m

Southern Region Netball League (SRNL) finally breathed a sigh of relief after Rainbow Paints unveiled its K4 million sponsorship package at the company’s headquarters in Limbe, yesterday. The function put to rest More »

‘Malawi needs a Presidential jet’

Information Minister Kondwani Nankhumwa has said government can avoid expenses associated with chartering aircrafts for the president by simply buying a presidential jet once the economy recovers. “In all fairness every country More »

Malawi government trims ministers’ allowances

Peter Mutharika has directed that cabinet ministers should be spending K45 000 per night for accommodation when they are travelling on official local trips. The directive further allows the ministers to make More »

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    • Business-5

      Banks loaded with bad loans.

      April 29, 2015 By Tadala Kakwesa
      A World Bank report has revealed that commercial banks in Malawi are overloaded with non-performing loans which on average account for up to 15 percent of Read More »
    • Business-1

      Guide on ATM use, security

      April 29, 2015 By Times Reporter
      It’s hard to remember life without ATMs. We can now transfer funds, pay our utility bills and withdraw cash using an ATM. And they even dispense Read More »
    • Business-4

      Quality key to industry survival in competition

      April 29, 2015 By Tadala Kakwesa
      The local industry must work on improving quality and modernisation of their products if it is to survive competition under the soon to be launced Tripartite Read More »
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