Business News
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Portland Cement’s new plant to enhance local production
Portland Cement Malawi, a subsidiary of Huaxian Cement, is set to construct a new cement plant in Balaka district with…
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Price spikes hit consumers
Rising prices of goods continue putting pressure on cost of living, a development Centre for Social Concern (CfSC) says needs…
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Reunion Insurance aids Mwanza Police Station
Reunion Insurance Company Limited has given 100 reams of paper valued at K1.5 million to Mwanza Police Station to ease…
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World bank outlines ways to control prices
The World Bank says Malawi is experiencing a severe inflation crisis with prices escalating rapidly and has since recommended a…
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MRA explains revenue challenges, optimistic
Malawi Revenue Authority (MRA) says despite facing challenges to meet this fiscal yea’s first quarter (Q1) revenue target, it remains…
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Limestone, aggregate, coal output up 99%—chamber
Aggregate, limestone and coal have continued to dominate the country’s mineral production, accounting for 99 percent of total output in…
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Govt mining firm in 79% funding deficit
The National Mining Investment and Development Corporation faces a 79 percent funding deficit following Treasury’s decision to allocate just K2.5…
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Excise tax stamp ill-timed—firms
Businesses have said they will have no choice but to pass on the cost of excise tax stamps to consumers,…
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Tourism investments on decline—report
Capital investment by industries directly involved in travel and tourism has been on the decline despite efforts to incentivise developments…
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Malawi’s trade in COMESA falls
Malawi’s trade with the 21-member Common Market for Eastern and Southern Africa (Comesa) is falling, a situation attributed to lack…
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