Business

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Fresh calls for govt to dilute stake in Sunbird

Fresh calls for govt to dilute stake in Sunbird

Minority shareholders in Sunbird Tourism plc on Friday revived calls for government to reduce its shareholding in the hotel chain…
Treasury opens fiscal year with K127bn deficit

Treasury opens fiscal year with K127bn deficit

Treasury recorded a K127.1 billion deficit in April, the first month of this fiscal year, a rise from K41.2 billion…
Rural people not aware of MW2063—NPC

Rural people not aware of MW2063—NPC

National Planning Commission (NPC) director general Thomas Munthali says most rural-based people are not familiar with the aspirations of Malawi…
Maize prices remain volatile, up 12%

Maize prices remain volatile, up 12%

Maize retail prices continue rising despite this being the harvest season, increasing by an average of 12 percent in May…
Mitc admits investment risks, upbeat on inflows 

Mitc admits investment risks, upbeat on inflows 

Malawi Investment Trade Centre (Mitc) has admitted pressure on investments into the country owing to the Russia and Ukraine war,…
KFC K1bn drive-through eatery opens in Blantyre

KFC K1bn drive-through eatery opens in Blantyre

Kentucky Fried Chicken (KFC), a global chain of fried chicken fast-food restaurants, has openeda drive-through eatery at Chichiri Shopping Centre…
Local firm ventures into cooking oil production

Local firm ventures into cooking oil production

Project Innovation Centre (PIC), a local firm, says it plans full-scale production of sunflower cooking oil at its Balaka plant…
The role of boards in economic crisis

The role of boards in economic crisis

The Russia-Ukraine war has worsened energy and food crises and severely dragged down global economic growth from 4.5 percent to…
Cooperatives transforming lives, dairy industry

Cooperatives transforming lives, dairy industry

On a murky veranda of an ancient building at Mpalo Trading Centre on the outskirts of Ntchisi District perches a…
Impediments I see in pursuit of IMF deal

Impediments I see in pursuit of IMF deal

Malawi is keeping fingers crossed as it awaits the International Monetary Fund (IMF) Executive Board to approve an Extended Credit…
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