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Business News
Mkango Resources starts flotation pilot testing
Canadian / UK dual stock exchange listed Mkango Resources Limited has commenced a flotation pilot plant test work for the…
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Editors Pick
Emerging risks threaten budget
Economists say the Covid-19 pandemic and mounting pressure on wages threaten the successful implementation of the K2.2 trillion 2020/21 National…
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Business News
Energy firm blames Covid-19 for projects delay
Travel restrictions induced by the Covid-19 pandemic have delayed progress in the $150 million (K117 billion) 70 megawatts (MW) independent…
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Business News
PPPC cites hurdles To investments
The Public Private Partnership Commission (PPPC) has faulted lack of awareness among local investors and long processes required to procure…
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Business News
Britain scales down aid, Malawi affected
Malawi risks scaling down on services that are dependent on British aid following a decision by the European country to…
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Business News
New Covid-19 restrictions hit urban population—Fewsnet
The new Covid-19 restrictions are reversing improvements in economic activity and income-earning at a time when opportunities to earn income…
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Business News
Experts weigh in on maize subsidy
Corporate governance expert James Kamwachale Khomba says while the decision by government to subsdise maize for low income earners may…
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Business News
Neef on RBM radar
The central bank has placed the National Economic Empowerment Fund (Neef) on prudential supervision and has ordered the fund to…
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Business News
Households spending more on food—report
Households in urban areas are spending an average of 56 percent of their expenditure on food, a development that shows…
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Business News
Report outlines tourism sector key constraints
Lack of access to electricity and piped water pose key constraints in the tourism sector despite it being a high-growth…
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Business News
More growers shun tobacco, says Tama
Growers’ dissatisfaction with tobacco marketing trends is pushing away some of them from growing the crop, Tama Farmers Trust has…
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Business News
Malawi to benefit from Comesa digital payment policy
The Common Market for Eastern and Southern Africa (Comesa) Business Council (CBC) has started the validation exercise for the Comesa…
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Business News
NSO set for another GDP rebase in 2022
The National Statistical Office (NSO) says it will conduct another rebase of the economy next year to keep pace with…
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Business News
Income rise fails to narrow poverty gap—economist
Although Malawi’s gross national income (GNI) per capita has increased in the past decade, the rise has failed to narrow…
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Business News
Food imports doubled in 20 years—report
The country’s value of food imports doubled between 1998 and 2018, signifying the country’s huge overdependence and reliance on foreign-made…
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Business News
Malawi loses 5% of GDP on donor withdrawal
Malawi has lost five percent of the gross domestic product (GDP), about $545 million (K414 billion), due to the withdrawal…
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Business News
Low savings rate, a loss to consumers
An investment analyst says at an average of four percent savings rate, consumers are earning a negative real return on…
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Business News
Treasury to apply for debt suspension facility
Ministry of Finance says it will apply for a temporary suspension of debt-service payments following the extension of the facility.…
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Business News
Banks reaping from high lending rates
Malawian banks are among the most profitable financial institutions in Africa, thanks to the high net interest margins (NIM), the…
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Business News
7 IPPs set to roll out within a year—ministry
Ministry of Energy says seven independent power producers (IPPs) who were yet to show progress two years after signing their…
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