Business
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Centenary Bank on recovery path, profit jumps 201%
July 31, 2023
Centenary Bank on recovery path, profit jumps 201%
Centenary Bank Limited says it is on a recovery path with key indicators showing positive signs as the bank has…
Icon Properties positive, outlines upcoming projects
July 31, 2023
Icon Properties positive, outlines upcoming projects
Property management firm Icon Properties plc says the company has aligned itself to benefit from the K4.7 trillion infrastructure needs…
Tame fiscal deficits, analysts tell govt
July 31, 2023
Tame fiscal deficits, analysts tell govt
Economic analysts have urged local authorities to address fiscal deficits that have affected the county to improve its performance under…
PCL says on expansion strategy through M&As
July 31, 2023
PCL says on expansion strategy through M&As
Press Corporation plc (PCL) says it is working on an expansion strategy through mergers and acquisitions (M&As) and has lined…
Energy players for Sustainable supply
July 29, 2023
Energy players for Sustainable supply
Electricity Supply Corporation of Malawi (Escom) employees under the company’s staff union jointly with unions in the energy sector in…
Debt vulnerabilities to remain elevated—World Bank
July 29, 2023
Debt vulnerabilities to remain elevated—World Bank
The World Bank says Malawi’s debt vulnerabilities will remain elevated, even if successful external debt restructuring with commercial and bilateral…
Government upbeat on mining growth
July 28, 2023
Government upbeat on mining growth
The Ministry of Mining says it is optimistic of the sector’s contribution to the gross domestic product (GDP) of between…
Central banks, govt key to restoring price stability—IMF
July 28, 2023
Central banks, govt key to restoring price stability—IMF
International Monetary Fund (IMF) says although the primary responsibility for restoring price stability lies with central banks, legislated government spending…
Revisiting levies in fuel pump prices
July 27, 2023
Revisiting levies in fuel pump prices
Presence of levies in the petroleum pump price build-up has always been a contentious issue in the country. This is…
PCL invests K11bn in ethanol plant upgrade
July 27, 2023
PCL invests K11bn in ethanol plant upgrade
Press Corporation plc (PCL), through its subsidiary company PressCane Limited, has invested K11 billion in an ethanol plant which will…