Business
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Malawi dared on mining potential
April 24, 2024
Malawi dared on mining potential
The African Mineral Strategy Group has urged Malawi to play a leading role in financing exploration of mineral resources in…
NBM Development Bank posts K893m profit
April 23, 2024
NBM Development Bank posts K893m profit
NBM Development Bank Ltd has registered a profit-after-tax of K893 million in 2023 on account of a growing loan book…
Sugar prices go up, CFTC to open probe
April 23, 2024
Sugar prices go up, CFTC to open probe
Consumers are now paying 15 percent more for a one kilogramme (kg) packet of sugar following decisions by Illovo Sugar…
Airtel loses K56bn to kwacha decline
April 22, 2024
Airtel loses K56bn to kwacha decline
Malawi Stock Exchange-listed Airtel Malawi plc, says it has lost K56 billion following a 66 percent kwacha fall experienced in…
Debt progress worries IMF
April 22, 2024
Debt progress worries IMF
The International Monetary Fund (IMF) says it is concerned that the country’s debt situation has so far remained unaddressed. Speaking…
Malawi set to double groundnut production
April 22, 2024
Malawi set to double groundnut production
Stakeholders in the groundnut value chain have laid out an ambitious plan to raise groundnutproduction levels in the country from…
Kwacha among worst performers
April 22, 2024
Kwacha among worst performers
The World Bank has rated the kwacha among the four worst four performing currencies in the region in 2023, alongside…
EIU forecasts annual inflation at 33.9%
April 22, 2024
EIU forecasts annual inflation at 33.9%
The Economist Intelligence Unit (EIU) has projected Malawi’s 2024 annual inflation to rise 5.1 percentage points from 28.8 percent in…
Clean energy firms rue taxes
April 20, 2024
Clean energy firms rue taxes
Some private sector players in the clean energy space have urged government to make the taxation system more receptive for…
Pension industry tipped to invest in real estate
April 20, 2024
Pension industry tipped to invest in real estate
Following the revelation that pension funds face value-erosion in the mid of high inflation rates and continued depreciation of the…