Business
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Firms free electricity for domestic customers
July 6, 2022
Firms free electricity for domestic customers
Electricity Supply Corporation of Malawi (Escom) has partnered the private sector, which has freed 23 megawatts (MW) of electricity to…
Mixed fortunes for listed firms
July 6, 2022
Mixed fortunes for listed firms
Except for telecommunication counters, Malawi Stock Exchange (MSE)-listed firms are poised for a good start in the first half (H1)…
Mangochi residents welcome Goshen City investment
July 5, 2022
Mangochi residents welcome Goshen City investment
Forum for Social Economic Development of Mangochi (Fosema) has thrown its weight behind Goshen City, Prophet Shepherd Bushiri’s investment in…
Imports 92% more expensive—report
July 5, 2022
Imports 92% more expensive—report
Malawi’s terms of trade have deteriorated, with imported commodities now 92 percent more expensive and exports only appreciating by four…
FDH Bank shareholders to share K7.3bn dividend
July 5, 2022
FDH Bank shareholders to share K7.3bn dividend
FDH Bank plc has declared a final dividend of K2 billion or 29 tambala per share, bringing the total dividend…
Rising prices to push people into poverty
July 5, 2022
Rising prices to push people into poverty
The International Food Policy Research Institute (Ifpri) says the rise in global commodity prices has raised Malawi’s national poverty headcount…
Bank questions import substitution rhetoric
July 4, 2022
Bank questions import substitution rhetoric
The World Bank says the effectiveness of promoting import substitution to address foreign exchange shortages remains questionable as government’s sentiments…
Govt continues to Stifle local firms
July 4, 2022
Govt continues to Stifle local firms
World Bank says Malawi Government continues to borrow heavily from commercial banks as its share of outstanding credit rising to…
World Bank speaks on commodity prices
July 2, 2022
World Bank speaks on commodity prices
The World Bank says fiscal pressures from elevated global commodity prices may exert an upward push on expenditure and thus…
Fertiliser price hikes worry farmers
July 2, 2022
Fertiliser price hikes worry farmers
Farmers Union of Malawi (FAM) says disruptions to global fertiliser supply chain and rising prices could negatively impact crop production…