Business

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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…
 Debt relief signals failure to grow

 Debt relief signals failure to grow

Centre for Research and Consultancy executive director Milward Tobias says Malawi’s eligibility for debt relief under the Heavily Indebted Poor…
‘Debts are eating into shrinking resources’

‘Debts are eating into shrinking resources’

The United Nations Conference on Trade and Development (Unctad) says foreign debts are eating into an ever-shrinking national resources envelopes…
Older people worst hit in economic crisis

Older people worst hit in economic crisis

The food, fuel and finance crisis has put Malawians at risk of increased poverty and food security, with the elderly…
Firm sees easing inflation in 2023

Firm sees easing inflation in 2023

Investment firm Nico Asset Managers says inflationary pressures are expected to begin to subside as global commodity prices start to…
Poverty fight faces hitches

Poverty fight faces hitches

National Planning Commission (NPC) says at the current pace, Malawi will unlikely halve the levels of poverty and reduce inequality…
MyBucks Malawi unveils new payment solution

MyBucks Malawi unveils new payment solution

MyBucks Banking Corporation Malawi has rolled out a new mobile payment system that has simplify the way of doing business.…
Sunbird eyes futuristic projects, responding to market needs

Sunbird eyes futuristic projects, responding to market needs

Sunbird Tourism plc says it has embarked on a series of futuristic projects aimed at improving its infrastructure to respond…
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