Business

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Escom looks to east for power interconnection

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

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

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

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

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

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

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

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

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

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…
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