Business
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Cooking oil prices remain high—ministry
July 13, 2022
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
July 13, 2022
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
July 13, 2022
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
July 12, 2022
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
July 12, 2022
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
July 11, 2022
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
July 11, 2022
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
July 9, 2022
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
July 9, 2022
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
July 8, 2022
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…