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BLANTYRE HOTELS PLC Blantyre Hotels Plc, The Company Incorporated in Malawi on 29 October 1965 ...
Economic analysts have called for economic diversification to cushion Malawians amid concerns that the appreciation of the dollar against the kwacha could trigger sustained inflation. The analysts were reacting to an International Monetary Fund (IMF) analytical note, which cautioned that the appreciation of the greenback against the major currencies in sub-Saharan Africa could lead to
Market watchers and local businesses say despite the weakening of the rand presenting an opportunity for local businesses, the real impact would depend on various actors, including potential inflation in South Africa.The rand fell against the dollar and other currencies last week on investor concerns over the worst power cuts. Another concern was the
Malawi Stock Exchange (MSE)-listed commercial banks profits for the year ended December 31 2022, have significantly increased, despite a subdued economic environment, published statements show. Published financial statements from some of the banks, including FDH Bank plc National Bank of Malawi plc, NBS Bank plc and Standard Bank pl show that they posted higher profits
“As a future-ready bank, we cannot continue to operate as a traditional bank.” Standard Bank Plc says it is poised to play a major role in the post-pandemic economic recovery of the country through various technological banking interventions. Speaking at an Investor Breakfast convened in Lilongwe Monday, the Standard Bank, Chief Executive Officer, (CEO) Phillip Madinga highlighted the key strategic priorities which the bank will focus on to provide value to shareholders and stakeholders alike. During the event the bank unveiled strategic priorities that include new product initiatives and...