Three southern African nations of Malawi, Mozambique and Zimbabwe continue to grapple with recovery efforts following devastation caused by tropical cyclone Idai described as the worst to hit the region. For Malawi, the cyclone came on the back of earlier flooding caused by week-long incessant rains, mostly in parts of the Central and Southern regions.…

The Reserve Bank of Malawi (RBM) says it will investigate Illovo Sugar (Malawi) plc for suspected foreign exchange externalisation and price transferring based on revelations in a court case. At the same time, the listed sugar manufacturer’s 300 minority shareholders say they will pursue the case against the company, demanding full disclosure of out of…

Following Malawi under-23’s 1-0 loss to Zambia at Kamuzu Stadium yesterday, one would have expected gloomy faces from fans, but instead it was business as usual as they trickled out of the stadium with reckless abandon—a clear sign that they are now used to such disappointing results. On a rainy mid-week day, the turnout was…

Malawi Electoral Commission (MEC) yesterday launched the 60-day official campaign for the May 21 2019 Tripartite Elections with a stern warning that anyone using foul language or hate speech risks arrest. MEC chairperson Jane Ansah also said contesting candidates and political parties should be given an “equal opportunity to freely hold political campaigns” during the…

The Economist Intelligence Unit (EIU) has said this year’s expected recovery in the agricultural sector and a relatively high level of government spending will lift economic growth to 4.1 percent, with the rate expected to fall in 2020. In its March 2019 Country Analysis, the EIU, a British business unit within the Economist Group providing…