Business
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Cooking oil for relief
May 26, 2022
Cooking oil for relief
Ministry of Industry and Trade has started issuing import licenses for cooking oil as a response to reduction in the…
Weak tobacco exports worsen trade balance
May 25, 2022
Weak tobacco exports worsen trade balance
The merchandise trade balance—the difference between exports and imports—has widened to minus $204.6 million (K168.9 billion) in March 2022, Reserve…
Tobacco loans under threat
May 25, 2022
Tobacco loans under threat
There are fears that some tobacco farmers may default on their loans owing to the poor performance of the cash…
Nyasa Mobile Limited partners Vodafone
May 25, 2022
Nyasa Mobile Limited partners Vodafone
Nyasa Mobile Limited (NML) has partnered Vodafone Group plc in a deal expected to create over 1 400 jobs in…
World Bank sees remittances rising
May 24, 2022
World Bank sees remittances rising
The World Bank says remittances to sub-Saharan African countries is projected to rise by 7.1 percent driven by higher food…
Malawi reviews inflation formula
May 24, 2022
Malawi reviews inflation formula
The National Statistical Office (NSO) has revised the country’s Consumer Price Index (CPI) basket used in computing inflation as food…
Illovo half-year profits hit K9.2bn
May 24, 2022
Illovo half-year profits hit K9.2bn
Illovo Sugar (Malawi) plc has posted a K9.2 billion profit in the half-year period ended February 28, up from the…
TC excited with tobacco prices
May 23, 2022
TC excited with tobacco prices
Tobacco Commission (TC) chief executive officer Joseph Chidanti Malunga says this year’s tobacco prices are better despite the drop in…
Poor budget transition caused debt—treasury
May 23, 2022
Poor budget transition caused debt—treasury
The Ministry of Finance has attributed the country’s rising public debt to lack of scaling down on expenditures when development…
Effective management of donor funds key—Kuwali
May 23, 2022
Effective management of donor funds key—Kuwali
ActionAid Malawi executive director Pamela Kuwali has urged organisations to ensure effective management of donor funds to sustain their operations…