Business

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Illovo maintains stance on pricing

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

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

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

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

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

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%

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

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

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

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,…
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