Business
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Escom looks to east for power interconnection
November 14, 2022
Escom looks to east for power interconnection
Electricity Supply Corporation of Malawi (Escom) has unveiled plans to tap power from the 11-country Eastern Africa Power Pool (Eapp)…
FDH Bank in second Swipe and Dash draw
November 13, 2022
FDH Bank in second Swipe and Dash draw
FDH Bank plc last week conducted the second draw of its Swipe and Dash Promotion. The promotion seeks to encourage…
Firms call for urgency in resolving economic woes
November 13, 2022
Firms call for urgency in resolving economic woes
Private sector representatives have called for a “sense of urgency” in addressing challenges that have subdued the country’s economic performance.…
Lotus hints at re-starting mining at Kayelekera
November 12, 2022
Lotus hints at re-starting mining at Kayelekera
Lotus Resources Limited, managers of Kayelekera Uranium Mine in Karonga, has said it has raised Australian $25 million (about US$16.8…
MW-UK trade on downward spiral
November 12, 2022
MW-UK trade on downward spiral
Malawi’s total trade with the United Kingdom continues to fall, reported at £57 million (about K66 billion) in the second-quarter…
Power plant works set to miss deadline
November 11, 2022
Power plant works set to miss deadline
Malawians will have to wait longer before electricity supply normalises as rehabilitation works to restore the 129.6 megawatts (MW) Kapichira…
Credit composition under spotlight, personal loans up
November 11, 2022
Credit composition under spotlight, personal loans up
Community, social and personal loans continue to rise, accounting for the largest stock of outstanding private sector credit at 30…
Oil marketing companies should get organised
November 10, 2022
Oil marketing companies should get organised
For the past three months, and counting, Malawian motorists have been subjected to erratic availability of fuel, notably diesel and…
Households struggle to generate income
November 10, 2022
Households struggle to generate income
Consumers Association of Malawi (Cama) and small-scale businesses say many Malawians are not generating income due to the harsh economy…
Maize prices rising, consumers hit hard
November 10, 2022
Maize prices rising, consumers hit hard
Local maize prices continue to rise on the market, averaging K500 per kilogramme (kg) or K25 000 per 50 kg…