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Business News
Is mining on course to surpass tobacco?
Malawi’s economy has been dependent on tobacco, which accounts for around 50 percent share of exports, providing hundreds of thousands…
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Business News
Agcom supports 107 agro value-addition facilities
The five-year $293 million (about K513 billion) World Bank-funded Agricultural Commercialisation (Agcom) project has financed the construction of 107 agricultural…
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Business
Standard Bank H1 profit jumps 57% to K42bn
Standard Bank plc says despite the challenging operating environment in the first half (H1) of this year, it has chalked…
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Business
EDF, afreximbank move to boost production
The Export Development Fund (EDF) in partnership with the African Export-Import Bank (Afreximbank) and Arise Integrated Industrial Platforms (Arise IIP)…
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Business News
Flooding costs tourism K8.9bn
High water levels that affected tourism facilities along the shores of Lake Malawi have cost operators K8.9 billion, a study…
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Business News
Banks lose 0.7 million customers—survey
The past decade has seen banks losing over 700 000 customers with competition from mobile network operators (MNOs) on financial…
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National News
Germany gives govt K35bn for social cash transfers
Malawi and Germany have signed a 19 million euros (about K35 billion) grant that will go towards the Social Cash…
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Business News
Lilongwe City Council plans to issue bond, experts hail move
Lilongwe City Council has unveiled plans to issue an infrastructure bond to raise capital for the city’s development. The council’s…
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Business News
Greenbelt Authority ponders listing Salima Sugar Company
Greenbelt Authority (GBA) has hinted at listing Salima Sugar Company Limited on the 16-counter Malawi Stock Exchange (MSE) as one…
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Business News
Geologist urges govtto boost coal industry
Geologist Grain Malunga has urged the Malawi government to invest in coal exploration and mining to substitute imports, saying the…
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