Business
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Fund says 42% of youths benefit from K43.8bn loans
September 27, 2022
Fund says 42% of youths benefit from K43.8bn loans
National Economic Empowerment Fund (Neef) says 42 percent of the youth have benefited from the K43.8 billion soft loans disbursed…
Commercial banks recall £20, £50 notes
September 26, 2022
Commercial banks recall £20, £50 notes
Local commercial banks have advised Malawians in possession of £20 and £50 banknotes to deposit them with their respective banks…
Lindian Resources to invest K203bn in rare earth mining
September 26, 2022
Lindian Resources to invest K203bn in rare earth mining
Lindian Resource Limited chief executive officer Alistair Stephens says the firm will invest over $200 million (about K203 billion) in…
Monetary policy under spotlight
September 26, 2022
Monetary policy under spotlight
Economic analysts say the lagged effects of the Covid-19 pandemic on the economy, depreciating exchange rate and inflationary pressures call…
Pension defaulting employers under fresh criticism
September 26, 2022
Pension defaulting employers under fresh criticism
NBM Pension Fund, a subsidiary of National Bank of Malawi plc, has condemned institutions not remitting pension, saying they are…
Informal maize export up amid rising prices
September 24, 2022
Informal maize export up amid rising prices
Informal maize exports increased by 38 percent in August compared to the previous month and 281 percent higher than the…
US commits $25 million for Golomoti solar project
September 24, 2022
US commits $25 million for Golomoti solar project
The United States (US) through the International Development Corporation (DFC) has committed a $25 million loan (about K25.6 billion) to…
Proposed electricity tariff under review—Mera
September 24, 2022
Proposed electricity tariff under review—Mera
Malawi Energy Regulatory Authority (Mera) says the proposed 99 percent electricity tariff hike to be spread over a four-year period,…
Comesa rues substandard solar equipment on market
September 23, 2022
Comesa rues substandard solar equipment on market
The Common Market for Eastern and Central Africa (Comesa) has decried the availability of substandard solar equipment in the 21-member…
Malawi gets k126bn exports deal—MITC
September 23, 2022
Malawi gets k126bn exports deal—MITC
M alawi Investment and Trade Centre (Mitc) says the country received $122 million (about K126.64 billion) through export deals to…