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Business News
Cotton marketing season opens May 9—Council
The Cotton Council of Malawi says the 2024 Cotton Marketing Season is expected to open on May 9, with the …
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Business News
NBM to launch share purchase loan facility
National bank of Malawi (NBM) plc has introduced a share purchase loan facility as one way of encouraging individuals to…
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Business News
Tama, TC upbeat on tobacco sales
Tama Farmers Trust, the Tobacco growers and Tobacco Commission (TC) expect better prices to continue in the second week and…
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National News
K46bn programme to empower women
Malawi has embarked on a new three-year social protection programme worth $26.5 million (about K46 billion) to support vulnerable households…
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Business News
Board sets out to close 197 tourism outlets
Tourism and Hotels Board has announced plans to close 197 tourism units for failure to meet minimum standards. In a…
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Business News
EIU forecasts annual inflation at 33.9%
The Economist Intelligence Unit (EIU) has projected Malawi’s 2024 annual inflation to rise 5.1 percentage points from 28.8 percent in…
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Business News
Macadamia factory feasibility study this year—Old Mutual
Old Mutual Investment Group (OMIG) says the feasibility study of its macadamia cracking machine project will be completed this year…
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Business News
Economic woes dampen insurance liquidity—report
The country’s economic challenges continue to affect the insurance sector’s liquidity as players struggle to access premiums from customers who…
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Business News
Kwacha devaluation erodes k2.5tn pensions
The Reserve Bank of Malawi (RBM) says the weakening of the kwacha coupled with high inflation rate is eroding the…
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Business News
IPPS to miss 2024 deadline
All Independent Power Producers (IPPs) with planned operational date of 2023/24 will miss the deadline as authorities say apart from…
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Business News
Our standards ensure safety of consumers—MBS
The Malawi Bureau of Standards (MBS) says its mandate does not involve production processes of companies, stressing that producers need…
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Business News
City councils in rates collection campaign
Three of the country’s four city councils are targeting to collect over K3 billion in city rates in the 2024/25…
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Business News
High expectations on this year’s tobacco market
Growers have expressed preparedness for the opening of this year’s tobacco selling season which is scheduled to start on Wednesday…
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Business News
Buyers, farmers in cotton price dispute
Buyers and farmers are rocked in a minimum price dispute ahead of the opening of the cotton sales season this…
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EIU foresees kwacha depreciating further
The Economist Intelligence Unit (EIU), a research and analysis division of the Economist Group, says the kwacha is expected to…
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