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Business News
Standard Bank moves to boost remittances
Standard Bank plc has rolled out a diaspora account to facilitate remittances for Malawians living abroad and wishing to invest…
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Business News
Nico General rolls out promo to reward drivers
Nico General Insurance Company Limited has rolled out a campaign to incentivise insured drivers that make no claims for at…
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Business News
Ecobank Malawi profit up 7 percent
Ecobank Malawi Limited profit after tax jumped seven percent to K8.3 billion, to its published results show. The audited financial…
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Business News
MyBucks Malawi says operating normally
MyBucks Banking Corporation says it will continue to operate normally in line with the Banking Act despite its parent company…
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Nsanje chiefs want 72-km rail project expedited
Chiefs in Nsanje led by Senior Chief Malemia have thrown their weight behind the 72-kilometre (km) Bangula-Marka Railway construction project.…
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Business News
Banks for women in leadership positions
Bankers Association of Malawi (BAM) says putting women in leadership positions should not be an exception but the norm. BAM…
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Business News
Firm rolls out milk powder production
Mach Milk Company Limited, which has invested K200 million in milk power production, has rolled out its operations in Mpemba,…
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Business News
Standard Bank upbeat on economic recovery
Standard Bank plc chief executive Phillip Madinga says the 2022/23 National Budget can stimulate full economic recovery from the Covid-19…
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Business News
Don’t cling on to single buyer function, Escom told
Parliamentary Committee on Natural Resources and Climate Change says their stand remains that Escom’s clinging on to a single buyer…
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Business News
PML entry to de-risk power market sector
Power Market Limited (PML) says the coming on the market of the firm as a single buyer will reduce the…
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Business News
NBS Bank injects capital in agriculture
Agriculture remains Malawi’s economic backbone and that is likely to remain in the years to come. But experts bemoan low…
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Business News
Inflation rate hits double digit, now at 11.1%
Malawi’s year-on-year headline inflation rate for November 2021 has quickened by 1.3 percentage points to hit 11.1 percent, triggered by…
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Business News
RBM wants suspension of judgement in ICT deal
The Reserve Bank of Malawi (RBM) wants the High Court to suspend enforcement of a August 23 judgement which ordered…
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Business News
Ecobank Day prioritses mental health issues
Ecobank Malawi on Saturday celebrated its ninth Ecobank Day, with a donation of K3 million to St John God Hospital…
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Business News
LifeCo enters market, set to bring competition
Malawi Stock Exchange-listed conglomerate Press Corporation plc recently invested in a new insurance holding company called LifeCo Holdings Limited, which…
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Front Page
Comesa bodies set to host second regional trade fair
The Comesa Federation of National Associations of Women in Business (Comfwb) and the Zambia Federation of Associations of Women in…
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Business News
High Court orders RBM to re-tender ICT contract
The High Court of Malawi has ordered the Reserve Bank of Malawi (RBM) to re-tender the K1.8 billion ATS equipment…
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Business
Sparc Systems partners NGO on mental health app
Sparc Systems (Africa) Limited has partnered Caring Hands, non-profit organisation that promotes mental health awareness, to develop a mobile application called…
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Business News
Escom says new house to cost not less than K15bn
Electricity Supply Corporation of Malawi (Escom) has outlined plans to build a 20-storey new Escom House in Blantyre that will…
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Business News
Water project set to bring socio-economic benefits
The provision of potable water through the extension of $14.3 million (about K11 billion) Mangochi Potable Water Supply Project means…
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