Business

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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…
Malawi’s tourism sector recovers, earns K580bn

Malawi’s tourism sector recovers, earns K580bn

The local tourism industry slightly improved in 2021 after being worst hit by the Covid-19 pandemic, published figures from the…
Government, IMF engage on sticky issues

Government, IMF engage on sticky issues

Minister of Finance and Economic Affairs Sosten Gwengwe says government has resumed talks with the International Monetary Fund (IMF) on…
Malawi FDI jumps 11% in 2021—report

Malawi FDI jumps 11% in 2021—report

Malawi attracted $50 million (K51.6 billion) worth of Foreign Direct Investment (FDI) in 2021, an 11 percent increase from the…
Malawi needs 618MW to end load-shedding

Malawi needs 618MW to end load-shedding

Ministry of Energy says the country needs 618 megawatts (MW) to power industries and households without load-shedding. Malawi is facing…
Livingstonia uranium deposits rising

Livingstonia uranium deposits rising

Lotus Resources Limited has said the inaugural mineral resource estimate for the Livingstonia uranium deposit has increased to 51.1 pounds…
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