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Smedco seeks to diversify into microfinance
Small and Medium Enterprises Development Corporation (Smedco) has announced plans to establish a microfinance institution to expand its mandate and…
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PPDA halts Escom’s K8.1 billion bid
Electricity Supply Corporation of Malawi (Escom) is embroiled in a fresh procurement controversy after preferring Clavic General Suppliers’ K8.1 billion…
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150 Malawians back from SA, recount horror
Hopes of better economic fortunes shattered and dreams up in flames. That is how some Malawians repatriated from South Africa…
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Union issues arrears, promotions reminder
Federation of Civil Service Unions (Focsu) has asked the Malawi Government to address outstanding concerns about promotions, pension contributions and…
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Kapondamgaga arrested over Amaryllis Hotel deal
Police on Monday arrested former State Residences chief of staff Prince Kapondamgaga on abuse of office and fraud allegations in…
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Reducing currency spread not inflationary, says Ifpri
The International Food Policy Research Institute (Ifpri) says reducing the spread between the official and parallel market rates cannot be…
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Miner finds new niobium deposits
Australian Stock Exchange-listed exploration firm Chilwa Minerals Limited says it has discovered further niobium deposits south of Nakombe River in…
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Flames eye revenge
The Flames are aiming to settle the score when they face their hosts Ethiopia in their second friendly match this…
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2 banks fined K300m after customer complaints
The Competition and Fair Trading Commission (CFTC) has fined two commercial banks K300 million after finding them guilty of unfair…
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FDH Bank hails strategic focus for exceeding targets
FDH Bank plc board chairperson Charity Mseka says the bank’s success comes from its strategic focus on exceeding targets and…
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