Business News
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Ray of hope for local exporters
Fund for Export Development in Africa, the development equity impact investment arm of Egypt-based African Export-Import Bank (Afreximbank), has admitted…
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Agro commodities make up90% of local exports—NSO
The National Statistical Office (NSO) data show that efforts to diversify Malawi’s economy have yielded little results as agricultural commodities…
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Firms struggle to finance new ideas
The inaugural Business Innovation Survey has established that limited access to financing is constraining Malawi’s capacity for business innovation even…
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Tobacco earnings decline as prices drop amid oversupply
Malawi’s tobacco earnings have reached $180.9 million (about K316.7 billion) after 11 weeks of trading, with 87 million kilogrammes (kg)…
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TNM’S OCL takeover bid gets mixed views
Malawi Stock Exchange (MSE)-listed telecommunications operator TNM plc’s plan to acquire assets of Open Connect Limited (OCL) has drawn mixed…
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Investment decline hits jobs, economy
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says the country’s private sector investment has fallen sharply and remained…
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Indian envoy drums up support for MW2063
Indian High Commissioner Amararan Gujar has urged the Indian community in Malawi to play a key role in advancing Malawi…
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AU debt plan offers hope for Malawi
The African Union (AU) has unveiled a Common African Position on Debt, calling for reforms to the global debt system…
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Lotus signs fresh uranium deal
Lotus Resources Limited, owners of Kayelekera Uranium Mine has secured an agreement with Mercuria Energy Group in a deal that…
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Nitl projects K28 billion loss, analysts blame MSE decline
National Investment Trust plc (Nitl), a Malawi Stock Exchange-listed collective investment scheme, is set to post a K28 billion loss…
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