Business
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Slow progress, resources threaten energy access target—World Bank
July 22, 2023
Slow progress, resources threaten energy access target—World Bank
The World Bank has warned that the universal electricity access target by 2030 will remain an ambitious target if the…
Govt funds absorption by MDAs inefficient—assessment
July 22, 2023
Govt funds absorption by MDAs inefficient—assessment
Treasury says the absorption of government funds by ministries, departments and agencies (MDAs) is inefficient, with 57 percent of Government…
Escom moves to stabilise supply, gets K21bn boost
July 22, 2023
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
July 21, 2023
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
July 21, 2023
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
July 20, 2023
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
July 20, 2023
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
July 20, 2023
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
July 19, 2023
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
July 19, 2023
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,…