The Small and Medium Enterprise Development Institute-SMEDI has described the Village Savings and Loans Concept as a potential tool to spur the country`s economy.
Almost 250 employees of Financial Holdings Limited – FDH which has 80% shares in Malawi Savings Bank – MSB have lost their jobs.
The Consumers Association of Malawi-CAMA says it is concerned with the behaviour of some business owners for failing to respond positively to the appreciation of the Kwacha.
Malawi Bureau of Standards (MBS) has with immediate effect suspended operations of Shire Highlands Hotel situated in Limbe.