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Many experts and managers stated at a recent seminar that the difficulties of businesses are real and thus require synchronous solutions, such as improving the business investment environment, simplifying procedures, capital and interest ratesupport, as well as tax, fee, and charge solutions. ....
Analysts cautious on borrowing plan | The Nation Online mwnation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mwnation.com Daily Mail and Mail on Sunday newspapers.
Commercial banks have maintained the reference rate, an interest rate benchmark, at 17.3 percent for April, published statements show. At 17.3 percent, the reference rate is 0.7 percentage points away from the bank rate, the rate at which commercial banks borrow from the central bank as the lender of last resort, which was adjusted to ....
Malawi’s productive sectors are failing to grow as financial institutions prefer financing other sectors, an investment and advisory firm has said. The current credit composition which favours non-productive sectors, according to the firm, is undesirable for the economy. Nico Asset managers in its Monthly Economic Review report published on Wednesday, observed that meaningful economic growth ....
FDH Bank plc says it will soon roll out an Islamic banking window in response to demand for the service in the country. Islamic banking, also referred to as Islamic finance, is premised on two fundamental principles of Islamic banking which entails sharing of profit and loss and the prohibition of the collection and payment ....