Business
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Actionaid for shift in economic policy
August 23, 2024
Actionaid for shift in economic policy
Malawi’s current debt crisis and increasing poverty levels are a result of failed market- oriented economic policies and political elitism,…
Malawi secures 99-yearleasehold at Nacala Port
August 23, 2024
Malawi secures 99-yearleasehold at Nacala Port
The Malawi Government has secured a 99-year lease agreement with Mozambique to develop a terminal at Nacala Port. Government officials…
Banana faces uncertain future, study shows
August 22, 2024
Banana faces uncertain future, study shows
Malawi’s once-thriving banana crop, which was recently ravaged by banana bunchy top virus, faces an uncertain future, a study conducted…
Value addition key to mineral revenue
August 22, 2024
Value addition key to mineral revenue
Lack of value addition and continued smuggling for illicit uses continue to undermine the country’s revenue from gemstones, one of…
Is mining on course to surpass tobacco?
August 22, 2024
Is mining on course to surpass tobacco?
Malawi’s economy has been dependent on tobacco, which accounts for around 50 percent share of exports, providing hundreds of thousands…
Agcom supports 107 agro value-addition facilities
August 21, 2024
Agcom supports 107 agro value-addition facilities
The five-year $293 million (about K513 billion) World Bank-funded Agricultural Commercialisation (Agcom) project has financed the construction of 107 agricultural…
Council moves to ramp up cotton production
August 21, 2024
Council moves to ramp up cotton production
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says this year’s agriculture fair will focus on innovative ways of…
Standard Bank H1 profit jumps 57% to K42bn
August 20, 2024
Standard Bank H1 profit jumps 57% to K42bn
Standard Bank plc says despite the challenging operating environment in the first half (H1) of this year, it has chalked…
Malawi’s trade deficit triples
August 20, 2024
Malawi’s trade deficit triples
Malawi’s trade deficit in the first half (H1) of this year stood at $1.16 billion (about K2 trillion), thrice the…
EDF, afreximbank move to boost production
August 19, 2024
EDF, afreximbank move to boost production
The Export Development Fund (EDF) in partnership with the African Export-Import Bank (Afreximbank) and Arise Integrated Industrial Platforms (Arise IIP)…