Business

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Escom moves to stabilise supply, gets K21bn boost 

Escom moves to stabilise supply, gets K21bn boost 

Global Energy Alliance for People and Planet (Geapp) has given Electricity Supply Corporation of Malawi (Escom) a $20.2 million (about…
Malawi to roll out formal markets for root, tubers

Malawi to roll out formal markets for root, tubers

Ministry of Trade and Industry says it is working on establishing formal markets for root and tuber crops as the…
Tobacco earnings Failing to impress

Tobacco earnings Failing to impress

Despite registering improved revenue in the 2023 Tobacco Marketing Season, earnings from the main foreign exchange earner  crop dubbed “green…
Malawi should realistically open for business

Malawi should realistically open for business

Former president Peter Mutharika was among 16 African leaders who attended the inaugural United Kingdom-Africa Investment Forum in London in…
Bad debts soar amid falling consumer demand

Bad debts soar amid falling consumer demand

The level of non-performing loans (NPLs) has been on the rise, increasing by 20.7 percent per year, published data has…
Maize prices up 100% in 1 year

Maize prices up 100% in 1 year

Retail prices of maize continue to escalate, rising to an average of K25 500 in June 2023, up from K12…
New report shows skills gap worsening

New report shows skills gap worsening

Technical and Vocational Education Training (Tvet) in low and middle-income countries, including Malawi, have failed to equip students with the…
Bank punches holes in policy rate stance

Bank punches holes in policy rate stance

The World Bank says the tightening of the country’s monetary policy conditions has been insufficient to contain pressures on inflation,…
Most households In debt, says NSO

Most households In debt, says NSO

The proportion of households with outstanding loans in the country increased to 63 percent in 2022, a jump from 15…
MSE moves to provide support to SMEs to list

MSE moves to provide support to SMEs to list

The 16-counter Malawi Stock Exchange (MSE) has unveiled plans to roll out an initiative to provide “handholding support” to small…
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