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Tourism booms in 2024

Tourism booms in 2024

The tourism sector added 70 000 new jobs in 2024 following rising investment, which reached K62.7 billion as operators continue…
First Capital Group’s MSE capitalisation hit K3.4tn

First Capital Group’s MSE capitalisation hit K3.4tn

First Capital Group, which is listed as FMB Capital Holdings plc, has become the most valued company on Malawi Stock…
Fresh scrutiny on fuel pricing

Fresh scrutiny on fuel pricing

The Department of Road Traffic and Safety Services (DRTSS) has placed fresh scrutiny on the government’s decision to suppress fuel…
Will Malawi ever recover from rising costs

Will Malawi ever recover from rising costs

In the heart of Malawi, the cost of living has reached new, staggering heights. A recent report from the Centre…
Rising debt worries Mejn

Rising debt worries Mejn

Malawi Economic Justice Network (Mejn) executive director Bertha Phiri says the country’s public debt could continue rising in the face…
Parastatals post mixed fortunes

Parastatals post mixed fortunes

The financial performance of Malawi’s State-owned enterprises (SOEs) in the 2023/24 fiscal year has been mixed, with 12 of the…
Cost of living up 12.9% to K694 653

Cost of living up 12.9% to K694 653

The average cost of living for an average family of six in urban and peri-urban areas has increased by 12.9…
Bengol.Net protests PCL shareholding stance

Bengol.Net protests PCL shareholding stance

Bengol.Net Limited, a local telecommunications firm, has taken conglomerate Press Corporation plc to task over its shareholding stance in Malawi…
RBM gold purchases at K34BN

RBM gold purchases at K34BN

Reserve Bank of Malawi (RBM) has bought 293 kilogrammes (kg) of gold, which could be valued at $27 million (about…
Treasury to set up anti-forex unit

Treasury to set up anti-forex unit

Foreign exchange (forex) measures Minister of Finance and Economic Affairs Simplex Chithyola-Banda announced on Friday have come under scrutiny with…
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