Business

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Ministry upbeat on electricity output

Ministry upbeat on electricity output

Ministry of Energy has projected that electricity generation capacity will reach 1 620 megawatts (MW) by 2030, way below the…
Commission sees improvement in tobacco quality

Commission sees improvement in tobacco quality

Tobacco Commission (TC) says the two-week training it conducted nationwide last December will help farmers to enhance the quality of…
Songwe Hill Rare Earth project set to be listed on US’s Nasdaq

Songwe Hill Rare Earth project set to be listed on US’s Nasdaq

Mkango Resources Limited has unveiled plans to list its Songwe Hill Rare Earth project in Phalombe on Nasdaq, a United…
Comesa businesswomen urged to embrace digital financial services

Comesa businesswomen urged to embrace digital financial services

Digital Financial Services has urged Common Market for Eastern and Southern Africa (Comesa) Federation of Women in Business Malawi Chapter…
Banks prefer govt securities—Treasury

Banks prefer govt securities—Treasury

Ministry of Finance and Economic Affairs says it wants to overturn commercial banks’ preference for government securities by increasing the…
Hopes fade on wealth-creation

Hopes fade on wealth-creation

Economists Association of Malawi (Ecama) says it is likely that Malawi’s prospects of becoming a low middle-income country by 2030…
Mpatamanga power project report ready for review

Mpatamanga power project report ready for review

The Malawi Environment Protection Authority (Mepa) says it has received the Environmental and Social Impact Assessment (Esia) report for the…
Illovo assures of steady sugar supply

Illovo assures of steady sugar supply

Illovo Sugar Malawi plc interim managing director Kondwani Msimuko says the sugar manufacturer has not reduced its supplies to the…
Forex woes continue, companies crippled

Forex woes continue, companies crippled

It is not only fuel-driven industries that are feeling the pinch. The whole private sector is slowly dying from Malawi’s…
Long walk to middle-income economy, says World Bank

Long walk to middle-income economy, says World Bank

The World Bank says the recent trend of weak growth has seen graduation prospects slip further away in many low…
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