National

Government overspends by K500 billion

The Malawi Government overspent by K500.664 billion, or half a trillion Kwacha, in the 2024-25 financial year, which comes to an end today. Finance Minister Simplex Chithyola Banda made the revelation in Parliament on Friday, when he tabled Bill Number 14 of 2025, Supplementary Appropriation. The development means the 2024-25 national budget has ballooned to K6.499 trillion from the K5.998…

Taonga Sabola Taonga Sabola
Business

Private sector credit drops to 23 percent

By Kingsley Jassi: A credit distribution study by International Finance for Agriculture Development (Ifad) has found a huge drop of banks’ financing to the private sector, from 50 percent in 2010 to just 23 percent in 2024. Ifad Country Director Bernadette Mukonyola shared this in Lilongwe on Thursday during the launch of a $24 million intervention called Blended Rural Finance…

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Sports

Lovemore Fazili names Scorchers squad, leaves Monday

Malawi National Women’s Football Team Coach Lovemore Fazili is upbeat that his charges will impress at this year’s Hollywood Bets Cosafa Women’s Championship. The Scorchers are expected to leave this…

Mphatso Malidadi Mphatso Malidadi

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