Search results for 'malawi'
World
African Capital Markets Update: Positive Outlook Despite Contrasting Performance - Challenges Ahead
In the past week, the All-Share Index rose 7.59%, ranking the best performing stock market in Africa. The bourse registered growth on the back of a remarkable 17% surge in the Utilities sector, primar
Apr 04, 2023
Companies
Distribution Group Africa Set to Restructure and Realign Performance with Revenues
Distribution Group Africa (DGA), a vital arm of Axia Corporation Limited operating across Zimbabwe, Malawi, and Zambia, is embarking on a strategic restructuring to reverse declining revenues and alig
Mar 24, 2025
Companies
First Mutual's Profit More Than Doubles as Malawi and Funeral Services Scale
First Mutual Holdings Limited has reported profit growth of more than 100% for the first quarter ended 31 March 2026, rising from US$1.38 million to US$2.95 million, driven by insurance contract reven
May 18, 2026
Top Stories
Zimbabwe Raises Minimum Wage by 80% as ZiG Delivers First Credible Local-Currency Wage Floor Since Dollarisation
Zimbabwe has approved a review of minimum wages and related conditions of employment for domestic workers and workers in unclassified operations, acting on recommendations from the tripartite Wages an
4 hours agoZimbabwe Still Outpaces Sub-Saharan Africa’s Average Despite World Bank Growth Downgrade
The World Bank's June 2026 Global Economic Prospects report has placed Zimbabwe's 2026 GDP growth at 4.6%, a downward revision from the 5% projected in its January 2026 edition, with a further easing
5 hours agoCheaper Credit, Tight Money: RBZ Cuts Productive Sector Credit Rate, Keeps Liquidity Brakes On
Zimbabwe’s Apex Bank, Reserve Bank of Zimbabwe has reduced the Targeted Finance Facility rate from 20% to 15% with a cap on banks' on-lending to productive sectors at an all-inclusive rate of 25%, an
9 hours agoWhat to Read From Latest Gold Data: Deliveries Hit 2026 High as Zimbabwe’s 50-Tonne Target Faces Second-Half Test
Gold deliveries to Fidelity Gold Refinery have reached 3,951 kilograms in May 2026, the highest monthly figure recorded in Zimbabwe so far this year and an 18.8% advance from April's 3,325 kilograms.
11 hours ago
