Business

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Escom rolls out faults clearing exercise

Escom rolls out faults clearing exercise

Electricity Supply Corporation of Malawi (Escom) on Saturday embarked on fault-clearing exercise in some townships in Blantyre City to speed…
Mudi Sacco chalks K184m surplus in 2022

Mudi Sacco chalks K184m surplus in 2022

Mudi Savings and Credit Cooperatives (Sacco) Limited on Saturday reported a K184 million surplus in the year ended December 31…
Mixed fortunes for kwacha

Mixed fortunes for kwacha

The Malawi kwacha depreciated against most currencies of the country’s trading partners except the Indian rupee and the Zambian kwacha…
World Bank faults trade policies on price instability

World Bank faults trade policies on price instability

The World Bank says trade policies are a major source of risk for global food price stability. The bank observed…
MRA collects K391bn in 2022/23 third quarter

MRA collects K391bn in 2022/23 third quarter

Malawi Revenue Authority (MRA) has collected K391.89 billion in the third quarter running from October to December of the 2022/23…
MCCCI urges setting up of industrial development fund

MCCCI urges setting up of industrial development fund

Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has asked Treasury to come up with an industrial development fund…
Huawei wins top African employer award

Huawei wins top African employer award

 Huawei Technologies has received the Top African Employer prize, which is provided by Top Employers Institute in recognition of its…
Kangankunde Mine CEO touts its mineral resource

Kangankunde Mine CEO touts its mineral resource

Lindian Resources Limited, an Australian Stock Exchange-listed mining firm, says the Kangankunde Rare Earth Mine in Balaka is one of…
 Treasury closes Q3 with K192bn deficit

 Treasury closes Q3 with K192bn deficit

Reserve Bank of Malawi (RBM) figures show that Treasury closed the third quarter (October to December) of the 2022/23 financial…
Firms urged to adopt new energy technologies

Firms urged to adopt new energy technologies

Electricity Supply Corporation of MalawiI (Escom) has urged industrial and commercial customers to adapt to new technology to help reduce…
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