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Rapid population growth raises concerns

Malawi is hosting a continental conference on population amid calls for the African continent to work with its partners to leverage population for economic growth. President Lazarus Chakwera, speaking at Bingu International Convention Centre in Lilongwe yesterday when he presided over the launch of the ninth Union of African Population Studies (UAPS) African Population Conference

FDH Bank rolls out first Islamic banking window

FDH Bank plc has rolled out Islamic banking that will provide Shariah-compliant products and services managed separately through a special window from conventional banking. 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

World Bank urges land reform to grow economy

The World Bank has urged African countries, including Malawi to pursue land reform policies that promote formal land registration to ensure that resources are used productively to enhance economic growth. The Bretton Woods institution made the recommendation in a book titled ‘Land policies for resilient and equitable growth in Africa’. The book was developed using

Malawi, others tipped on growth, inflation

The World Bank has asked Malawi and other African countries with “persistently high levels of inflation” to maintain a tight monetary policy despite fears that fiscal policies alone cannot promote inclusive growth on the continent. The recommendation comes after an observation made in the April 2024 issue of the Africa Pulse Report that the continent’s

Why Malawians abroad shun local investments | The Nation Online