Business

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Interest rate hikes, inflation threaten tourism investments

Interest rate hikes, inflation threaten tourism investments

The World Travel and Tourism Council’s (WTTC) says the global hike in interest rates is creating challenges for future investments.…
Half-year stocks performance positive

Half-year stocks performance positive

Malawi Stock Exchange (MSE)-listed firms, mainly commercial banks, have posted good results for the half-year ended June 30, despite a…
Local firm launches service to combat corruption in procurement

Local firm launches service to combat corruption in procurement

In a concerted effort to tackle corruption in tendering and procurement processes, Product and Business Services Limited (PBSL), a local…
Weaving through the debt trap

Weaving through the debt trap

 To the investor, government debt is always appetising. Unless something unusual happens, there is a guaranteed return on any investment…
Chakwera engages Illovo Group on diversification

Chakwera engages Illovo Group on diversification

President Lazarus Chakwera has asked Illovo Sugar Africa (Pty) Limited to diversify their value chain in Malawi to other crops…
 MCCCI in fresh push for Commercial agriculture

 MCCCI in fresh push for Commercial agriculture

 Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has called for deliberate strategies to promote and commercialise agriculture to…
Brics shouldn’t be another talking shop for Malawi

Brics shouldn’t be another talking shop for Malawi

For years, Malawi has hosted and participated in international conferences, summits and forums. These have included regional blocs such as…
Sky Energy moves to pioneer electric vehicles

Sky Energy moves to pioneer electric vehicles

Sky Energy Africa, a local renewable energy start-up launched by 33-year-old entrepreneur Schizzo Thomson, is set to become the first…
Shortage of cement Jolts govt into action

Shortage of cement Jolts govt into action

Ministry of Trade and Industry has issued 30 import licences for cement to close the supply gap and curb escalating…
RBM sees light in debt restructuring negotiations

RBM sees light in debt restructuring negotiations

The Reserve Bank of Malawi (RBM) says debt restructuring agreements with Afreximbank and Trade and Development Bank could help the…
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