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Business News
Road maintenance funding gap up 80%
Malawi faces a road maintenance funding gap of nearly 80 percent which contributes to the higher transport costs and barring…
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Business
Tobacco farmers speak on rising inputs
Tama Farmers Trust says the rising farm inputs coupled with the continued pressure on the local unit is threatening farmers’…
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Business News
Informal maize exports up 125%
Informal cross-border maize exports increased by 125 percent from 1 258 metric tonnes (MT) in June to 2 829 MT…
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Business News
Forex losses dampen Airtel Malawi H1 profit
Airtel Malawi plc has reported a negligible 0.6 percent drop in profit after-tax to K11.346 billion in the half year…
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Business News
Firms’ bad loans provision down
Provision for bad loans for private sector credit has declined by 0.5 percentage points in the first half of this…
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Business News
Escom hopes Treasury will fund free electricity connection
Electricity Supply Corporation of Malawi (Escom) Limited says it hopes government will fund the free electricity connection project is expected…
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Business News
Economists tip treasury on social cash transfer
The Economists Association of Malawi (Ecam) says government needs to implement other initiatives to, among others, avoid duplication and ensure…
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National News
Escom outlines new connection hurdles
Electricity Supply Corporation of Malawi (Escom) says funding gaps and lack of cost-reflective tariffs are preventing the power utility from…
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Business
EIU projects gloomy policy rate outlook
The Economist Intelligence Unit (EIU) says there is little hope for further easing of Malawi’s policy rate even if the…
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Business News
Standard Bank explains first-half profit decline
Standard Bank plc says the eight percent decline in profit after-tax to K11.6 billion in the first half (H1) of…
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Business News
Malawi tourism Hard hit in sadc
Malawi’s tourism sector was among the worst hit by the impact of the Covid-19 pandemic among five countries in the…
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National News
Tollgate roll-out raises mixed reactions
There are mixed reactions on the planned roll-out of tollgates in the country with stakeholders welcoming the initiative, but faulting…
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Business News
Subsidy pushes up Yields by 3%—study
Households that had access to Farm Input Subsidy Programme (Fisp), the predecessor of Affordable Inputs Programme (AIP), had their maize…
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Business News
Connectivity gaps Cost Malawi k11bn
The information and communications technology (ICT) sector can generate about $13 million (about K11 billion) more revenue annually by providing…
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Business News
MCCCI tips govt on narrowing trade gap
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says the country needs to invest in manufacturing infrastructure and pursue…
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Business News
Mera speaks on solar power project financing
Malawi Energy Regulatory Authority (Mera) says the $4.4 million (about K3.6 bilion) renewable liquidity guarantee secured by JCM Matswani Solar…
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Business News
Fish demand soars
Malawi is failing to meet its annual domestic fish demand estimated in excess of 20 000 tonnes, due to lack…
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Business News
Analayst cautious on easing debt
Market analyst Cosmas Chigwe says the easing of domestic debt in the second quarter (April to June 2021) is not…
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Business News
Trade deficit jumps K1.4tn in 10 years
Malawi’s trade balance worsened over a 10-year period to K1.4 trillion in 2020 from K159 billion in 2010, National Statistical…
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Business News
60mw solar power IPP gets k3bn boost
The African Trade Insurance Agency (ATI) under its Regional Liquidity Support Facility has given a $4.4 million (about K3.6 billion)…
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