Business

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60 years of moving in circles, poverty

60 years of moving in circles, poverty

 During the celebration of our country’s 59th Independence Anniversary in 2023, I titled my Business Unpacked submission published in the…
Banking sector drives stock market in H1

Banking sector drives stock market in H1

Strong performance of the banking sector has driven the Malawi Stock Exchange (MSE) to close the first half positively as…
‘Air link key to Malawi tourism’

‘Air link key to Malawi tourism’

The World Bank says Malawi remains an under-the-radar destination in the Southern Africa region despite tourism offering positive returns in…
Firm to start hauling fuel to Lilongwe this month

Firm to start hauling fuel to Lilongwe this month

Nacala Logistics, a concessionaire that operates the country’s railway infrastructure, has unveiled plans to start hauling fuel apart from the…
 Insurance industry loss hits K2 billion

 Insurance industry loss hits K2 billion

The insurance industry posted a K2 billion combined underwriting loss in 2023, with 60 percent of the incurred losses coming…
Forex scarcity delays Illovo Sugar energy project

Forex scarcity delays Illovo Sugar energy project

Foreign exchange scarcity has delayed plans by Illovo Sugar (Malawi) plc to invest in a 40 megawatts (MW) power plant,…
Budget deficits eat into fiscus, says UN

Budget deficits eat into fiscus, says UN

Unicef Malawi says consistently high budget deficits over the past five years have increased debt servicing costs ahead of allocations…
 Finance gap chokes local PPP projects

 Finance gap chokes local PPP projects

The Public Private Partnership Commission (PPPC) says the country’s efforts to industrialise key sectors through PPP projects are being undermined…
Icon sees gloomy outlook, to restructure some projects

Icon sees gloomy outlook, to restructure some projects

 Listed property management firm Icon Properties plc says in view of the gloomy economic outlook, it is restructuring some of…
New competition act excites traders

New competition act excites traders

The National Working Group on Trade and Policy says it is encouraging that the Competition and Fair Trading Act has…
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