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Uncategorized
Firms’ reliance on imported materials a setback—NSO
T he National Statistical Office (NSO) says the country’s manufacturing industries continue to rely on imported raw materials, a development…
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Standard bank group projects weak kwacha
Standard Bank Group, the parent company of Malawi Stock Exchange-listed Standard Bank plc, says it will revise upwards its exchange…
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Business News
RBM cuts sectoral growth projections
The Reserve Bank of Malawi (RBM) has cut growth projections for various economic sectors, largely due to a subdued economy…
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Business News
Icam cools down hyperinflation fears
An assessment by the Institute of Chartered Accountants in Malawi (Icam) has concluded that the country is not in hyperinflation,…
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Business News
Old Mutual, pension fund in K43bn hotel project
Old Mutual Investment Group (Omig) has partnered Public Service Pension Trust Fund, a stand-alone contributory pension scheme for public servants,…
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National News
MDAs exposed
Except for a few outstanding ones, Malawi Government ministries, departments and agencies (MDAs) are fraught with weak performance that leads…
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Business News
Mining laboratory set to open Q4—official
Ministry of Mining says government-owned mining laboratory will fully roll out between October and December this year. The ministry’s director…
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Business
Firm introduces liquid Ureafertiliser, says cost-efficient
State-owned Smallholder Farmers Fertiliser Revolving Fund of Malawi (SFFRFM) says the introduction of liquid Urea fertiliser or Nano Urea on…
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Uncategorized
PressCane fertiliser plant at 75% progress—official
P ressCane Limited, a subsidiary of Press Corporation plc, says progress of its fertiliser production project in Chikwawa District is…
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Business News
Industrial output jumps 13.7%—NSO
T he country’s industrial output increased by 4.9 percentage points to 13.7 percent in 2023 anchored by the manufacturing sector…
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