Business
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Illovo maintains stance on pricing
July 4, 2023
Illovo maintains stance on pricing
Illovo Sugar (Malawi) plc has justified its stance on sugar prices, insisting that prices in the country remain competitive and…
New fixed duty on vehicles irks importers
July 4, 2023
New fixed duty on vehicles irks importers
Importers of second-hand motor vehicles have threatened to go to court to challenge a Malawi Revenue Authority (MRA) decision to…
Economists forecast doom for consumers
July 3, 2023
Economists forecast doom for consumers
Economics Association of Malawi (Ecama) says slower economic growth coupled with high inflation will make it more difficult for consumers…
Mpico registers K8.1bn profit, shareholders happy
July 3, 2023
Mpico registers K8.1bn profit, shareholders happy
Malawi Property Investment Company (Mpico) plc board chairperson Edith Jiya says the property management firm posted a profit after-tax of…
Huawei lured to assemble products in Malawi
July 3, 2023
Huawei lured to assemble products in Malawi
President Lazarus Chakwera has invited Huawei Technologies Company Limited, a Chinese multinational technology corporation, to establish a base in Malawi…
Nico Holdings up beat on continued growth
June 30, 2023
Nico Holdings up beat on continued growth
Nico Holdings plc says it is positive on registering continued growth buoyed by strategies the group has developed, including technological…
EIU sees policy rate at 26%
June 30, 2023
EIU sees policy rate at 26%
The Economist Intelligence Unit (EIU), a research and analysis division of the Economist Group of the United Kingdom, has projected…
Malawi should realistically open for business
June 29, 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…
Seed capital delays debt fund rollout
June 29, 2023
Seed capital delays debt fund rollout
M alawi Government’s dreams of managing its ballooning public debt are yet to materialise following Treasury’s delay to operationalise the…
Fuel consumption rises amid mild imports—Mera
June 29, 2023
Fuel consumption rises amid mild imports—Mera
Consumption of diesel and petrol jumped by 35 percent and 25 percent, respectively between the 2021/22 and 2022/23 financial year,…