Business

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Take care on public finance management

Take care on public finance management

Public finance management (PFM) is one of the catchphrases that dominate conversations on the economy and government funds in general.…
Inside two mining development pacts

Inside two mining development pacts

The long-awaited Mining Development Agreements(MDAs) the Malawi Government has signed will enable it to have 15 percent and 10 percent…
BWB losing 52% water,posts K26bn loss—report

BWB losing 52% water,posts K26bn loss—report

The country’s five water boards continue to struggle financially with Blantyre Water Board (BWB) posting losses in excess of K26…
Mera rues govt move on tariffs

Mera rues govt move on tariffs

Malawi Energy Regulatory Authority (Mera) says government’s social obligations often disrupt cost-reflective price implementation in the energy sector, leading to…
ICT firms decry local procurement system

ICT firms decry local procurement system

Information and communications technology (ICT) firms have decried government’s procurement of ICT solutions, saying it favours foreign firms at the…
Govt borrowing chokes businesses—World Bank

Govt borrowing chokes businesses—World Bank

The World Bank has faulted government’s continued domestic borrowing, warning that it is crowding out the private sector and undermining…
Portland Cement’s new plant to enhance local production

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…
Price spikes hit consumers

Price spikes hit consumers

Rising prices of goods continue putting pressure on cost of living, a development Centre for Social Concern (CfSC) says needs…
Reunion Insurance aids Mwanza Police Station

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…
World bank outlines ways to control prices

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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