Business

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Group endorses grid code harmonisation

Group endorses grid code harmonisation

The Regional Energy Regulators Association of Southern Africa (Rera) has endorsed the harmonisation of a grid code to promote energy…
First Capital Bank gives out cash in promotion

First Capital Bank gives out cash in promotion

First Capital Bank on Friday conducted the first draw of the ongoing Afana Ophusha Promotion where Cross Phiri, a student…
Manufacturing sector growth under pressure

Manufacturing sector growth under pressure

Malawi’s manufacturing sector is facing significant challenges due to a combination of factors, including restrictive tax regimes and contractionary monetary…
Old Mutual celebrates 70 years, targets agriculture investments

Old Mutual celebrates 70 years, targets agriculture investments

Old Mutual Malawi plc has pledged to continue investing in agriculture to assist in fixing the balance of payment gap…
Bakhresa cooking oil factory opens October

Bakhresa cooking oil factory opens October

Bakhresa Malawi Limited’s $100 million (about K175.1billion) cooking oil refinery plant, which faced foreign exchange challenges, is projected to be…
$245M Roads project Eludes local firms

$245M Roads project Eludes local firms

Local contractors are expected to miss out on projects of the construction of the four road projects under the Millennium…
‘Skills, manufacturing key to development’

‘Skills, manufacturing key to development’

Coordinating investment in youth with strategic interventions in human capital development and economic growth will be essential to leverage the…
 Why IMF deals fail in Malawi

 Why IMF deals fail in Malawi

 Economists have attributed Malawi’s recurring economic fragilities to low compliance to economic recovery and home-grown development programmes, including those with…
Ifmis functionality module role-out end 2024/25

Ifmis functionality module role-out end 2024/25

 The contract management module or functionality of the Integrated Financial Management and Information System (Ifmis) will roll out by the…
MW2063 derailment should be a blessing in disguise

MW2063 derailment should be a blessing in disguise

In January 2021, the Malawi Government launched the Malawi 2063 also known as MW2063 as a successor long-term development strategy…
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