Business

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TotalEnergies awards innovators

TotalEnergies awards innovators

TotalEnergies Marketing Malawi Limited on Friday awarded three innovators in the 2022 Startupper Challenge which aims to identify, elevate and…
Kayelekera mineral resource expands

Kayelekera mineral resource expands

Lotus Resources Limited says its recent drilling programme has expanded the mineral resource estimate (MRE) for the Kayelekera Project in…
World Bank cuts growth forecast

World Bank cuts growth forecast

The World Bank has slashed Malawi’s growth projection for 2022 by 0.9 percentage points from an earlier forecast of three…
LWB to connect 250 000 new customers

LWB to connect 250 000 new customers

Lilongwe Water Board (LWB) says about 250 000 new customers will be connected to its potable water supply network through…
Forex shortage puts pressure on kwacha

Forex shortage puts pressure on kwacha

The Economist Intelligence Unit (EIU) has projected the kwacha to moderate to K837 to the dollar this year and K937.4…
Castel raises beer, other drinks’ prices

Castel raises beer, other drinks’ prices

Castel Malawi Limited on Sunday raised the prices of its alcoholic and non-alcoholic beverages citing rising production and distribution costs…
TNM 2021 profit after-tax up 25%

TNM 2021 profit after-tax up 25%

TNM plc has reported a 25 percent increase in profit after-tax to K9.69 billion for the year ended December 31…
Mudi Sacco launches new promo

Mudi Sacco launches new promo

Mudi Savings and Credit Cooperative (Sacco) last week launched Chaka Chomanga ndi Mudi Sacco Promotion that will make building materials…
RBM cautions on agriculture season

RBM cautions on agriculture season

The ongoing geopolitical tension between Russia and Ukraine continues to negatively affect fertiliser prices, a situation the Reserve Bank of…
Additional 29MW to reduce load shedding hours—minister

Additional 29MW to reduce load shedding hours—minister

Minister of Energy Ibrahim Matola has assured Malawians of reduced load shedding hours following the adding of 29 megawatts (MW)…
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