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Business News
Power Africa to Boost Malawi Energy Sector
Power Africa, an initiative that seeks to increase the number of people with access to power, has unveiled plans…
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Business
MSE upbeat on its 2015 performance
The Malawi Stock Exchange (MSE) says it has achieved substantial growth in performance and total market capitalisation in 2015…
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Business News
Ginners set 2015/16 cotton prices
Cotton Ginners Africa Limited (Cgal) has set minimum price of cotton at K375 ($0.61) per kilogramme (kg), a rise from…
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Business News
NBS Bank invests K4bn in new banking system
Malawi Stock Exchange (MSE)-listed NBS Bank says it has invested K4 billion ($6,557,850) in a new core banking system…
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Business News
MSE eyes more govt bonds, listings in 2016
Malawi Stock Exchange (MSE) plans to list two more government bonds and list at least one firm listing on…
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Editors Pick
More pain as tax revenue shrinks
Economic commentators have decried the continued underperformance of public tax collector Malawi Revenue Authority (MRA) at a time the economy…
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Business News
Illovo H1 profit down 37 %
Illovo Sugar (Malawi) Limited yesterday said its half-year profit dropped by 37 percent to K9.1 billion while headline earnings…
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Business News
Press Cane’s fertiliser making project on course
Press Cane Limited has announced that plans to construct a $20 million fertiliser making plant in Chikwawa are at…
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Business News
Commercial banks presence on the increase
Commercial banks’ branches as measured by geographical presence in relation to population continue to grow, according to an International…
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National News
NBM finalises Indebank acquisition
National Bank of Malawi (NBM) has completed the acquisition of 67.05 percent shares in Indebank Limited, a development that…
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Business News
Nico Asset predicts export growth in 2016
Blantyre-based investment advisory firm, Nico Asset Managers Limited, has said exports are likely to grow modestly in 2016 after…
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Business
MSE urges companies to issue bonds
The Malawi Stock Exchange (MSE) has said the country’s corporate entities stand to benefit if they take the bond…
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Business News
Firms urged to comply with competition law
Conglomerate Press Corporation Limited (PCL) has advised local companies to be proactive in complying with the country’s competition laws.…
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Business News
ALT-X faces hurdles to woo investors
Malawi Stock Exchange (MSE) seems to be facing hurdles to woo investors, particularly small businesses, on its alternative capital…
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Business News
‘NSW to reduce trade costs’
The Ministry of Industry and Trade is optimistic the National Single Window (NSW) programme—a one-stop electronic platform for exchanging information…
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Business News
RBM HIKES BANK RATE, NOW AT 27%
Reserve Bank of Malawi (RBM) through the Monetary Policy Committee (MPC) on Wednesday raised the policy rate, or bank…
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Business News
Fuel franchise dealers cry foul, as CFTC probes
Some local petroleum franchise dealers have asked Malawi Energy Regulatory Authority (Mera) and relevant authorities to address challenges and enforce…
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Business News
Kwacha now trading at k568/$
The Malawi kwacha is sliding again, despite the central bank’s recent efforts to buttress the currency. It seems, the kwacha…
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Business News
Sugar price up 10% on weak kwacha
Sugar prices have gone up by 10 percent at the wholesale sugar market in the country effective Monday, according to…
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Business News
NBM boosts SMEs business management skills
National Bank of Malawi (NBM) has asked small and medium enterprises (SMEs) in the country to capitalise on good management…
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