Business
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Kwacha devaluation rodes firms’ profits
August 4, 2022
Kwacha devaluation rodes firms’ profits
The recent 25 percent devaluation of the kwacha has affected performance of listed companies in the telecoms sector, with all…
Miner to invest k32bn in rare earth exploration
August 3, 2022
Miner to invest k32bn in rare earth exploration
Lindian Resources Limited, an Australian Securities Exchange-listed bauxite explorer, is set to invest $30 million (about K31.8 billion) in the…
Mitc unveils EU export market opportunity
August 3, 2022
Mitc unveils EU export market opportunity
Malawi Investment and Trade Centre (Mitc) says local exporters in agribusiness have an opportunity to export their products to the…
High commodity prices worsen trade balance
August 2, 2022
High commodity prices worsen trade balance
The Reserve Bank of Malawi (RBM) says the war between Russia and Ukraine continues to hit the domestic economy as…
Consumers hit at govt over maize price hike
August 2, 2022
Consumers hit at govt over maize price hike
Consumers Association of Malawi (Cama) has expressed displeasure over government’s decision to raise minimum selling price of maize by 46…
Teveta courts private sector on partnerships
August 1, 2022
Teveta courts private sector on partnerships
Technical, Entrepreneurial and Vocational Education and Training Authority (Teveta) executive director Elwin Sichiola has urged the private sector to collaborate…
Tourism jobs tumble
August 1, 2022
Tourism jobs tumble
Malawi tourism sector’s contribution to employment has declined from 7.7 percent before the Covid-19 pandemic to 2.2 percent, published African…
RBM slashes 2022 growth forecast
July 31, 2022
RBM slashes 2022 growth forecast
T he Reserve Bank of Malawi (RBM) has revised downwards the 2022 growth projection from 3.9 percent to 1.7 percent.…
MBS continues to fight illegal scales use
July 29, 2022
MBS continues to fight illegal scales use
Malawi Bureau of Standards (MBS) says the use of illegal weighing scales in local markets has dropped, thanks to intensified…
Economic recession and multidimensional poverty
July 28, 2022
Economic recession and multidimensional poverty
The current economic meltdown has threatened the world economy as some pessimists fear that another economic recession is at hand.…