Business

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Cooking oil prices remain high—ministry

Cooking oil prices remain high—ministry

Ministry of Trade and Industry says rising commodity prices have undermined the anticipated gains from the issuance of cooking oil…
MyBucks Malawi closes in on potential shareholder

MyBucks Malawi closes in on potential shareholder

MyBucks Banking Corporation Malawi says it has identified a potential shareholder who has since started conducting due diligence of the…
Ministry opts for NFRA in maize deal

Ministry opts for NFRA in maize deal

Ministry of Agriculture has opted to work with National Food Reserve Agency (NFRA) in buying maize this year instead of…
Fertiliser firms rue govt move 

Fertiliser firms rue govt move 

Fertiliser firms have warned that the move by government to replace the private sector with State-owned enterprises in the Affordable…
Concentrated export basket worries firms

Concentrated export basket worries firms

The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says the country’s overreliance on unprocessed agricultural products and few…
Rare earths mining to generate k222bn

Rare earths mining to generate k222bn

Mkango Resources Limited, a mineral exploration and development firm, says it projects to generate $215 million (about K222 billion) annually…
Umodzi Holdings upbeat about future prospects

Umodzi Holdings upbeat about future prospects

Umodzi Holdings Limited has expressed optimism about business prospects as government ministries, departments and agencies (MDAs) are now holding their…
Ukraine war pushes up global shipping costs rise

Ukraine war pushes up global shipping costs rise

 The United Nations Conference on Trade and Development (Unctad) says the war in the Ukraine is stifling trade and logistics…
 MRA moves to Curb smuggling

 MRA moves to Curb smuggling

 The Malawi Revenue Authority (MRA) says it has opened a new satellite office in Dedza as it seeks to control…
Local maize production expensive, shows report

Local maize production expensive, shows report

The International Food Policy Research Institute (Ifpri) says for every kwacha spent on fertiliser, less than eight tambala worth of…
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