Business
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Businesses continue to feel the pinch
May 11, 2022
Businesses continue to feel the pinch
Local businesses say the first quarter of this year has not been easy for their enterprises due to the continued…
New rail firm on the cards
May 11, 2022
New rail firm on the cards
Ministry of Transport has granted a six-month provisional operating licence to African Rail Corporation Limited (ARC Malawi), a newly established…
Rising goods prices hit rural dwellers, figures show
May 11, 2022
Rising goods prices hit rural dwellers, figures show
Consumers in rural areas in the Northern Region have been hit the hardest by rising commodity prices as figures from…
Gaming Board sets GDP contribution target
May 10, 2022
Gaming Board sets GDP contribution target
Malawi Gaming Board and the National Lotteries Board says through its five-year strategic plan, it seeks to increase the sector’s…
JTI moves to boost live tobacco barns
May 10, 2022
JTI moves to boost live tobacco barns
JTI Leaf (Malawi) Limited says it will stop buying tobacco from farmers who by 2025 will not be curing their…
Number of poor people set to rise
May 10, 2022
Number of poor people set to rise
The World Bank has revised upwards the international poverty line (IPL) to $2.15 (about K1 772) per day, a situation…
Banks hike lending rates
May 9, 2022
Banks hike lending rates
Commercial banks in the country have hiked their base lending rates in reaction to the Reserve Bank of Malawi (RBM)…
Mera maintains fuel pump prices
May 9, 2022
Mera maintains fuel pump prices
Malawi Energy Regulatory Authority (Mera) has maintained fuel pump prices despite free on board (FOB) prices of all fuels increasing…
Don’t panic—Illovo
May 9, 2022
Don’t panic—Illovo
Illovo Sugar (Malawi) plc managing director Lekani Katandula says Malawians should not panic as the company is supplying enough sugar…
Banks buoyant in 2021
May 7, 2022
Banks buoyant in 2021
Malawi Stock Exchange(MSE)-listed stocks in the banking sector have posted profits in the year-ended 2021, a situation which shows the…