Business

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Illovo half-year profits hit K9.2bn

Illovo half-year profits hit K9.2bn

Illovo Sugar (Malawi) plc  has posted  a  K9.2  billion profit in the half-year period ended February 28,  up from the…
TC excited with tobacco prices

TC excited with tobacco prices

Tobacco Commission (TC) chief executive officer Joseph Chidanti Malunga says this year’s tobacco prices are better despite the drop in…
Poor budget transition caused debt—treasury

Poor budget transition caused debt—treasury

The Ministry of Finance has attributed the country’s rising public debt to lack of scaling down on expenditures when development…
Effective management of donor funds key—Kuwali

Effective management of donor funds key—Kuwali

ActionAid Malawi executive director Pamela Kuwali has urged organisations to ensure effective management of donor funds to sustain their operations…
World Bank sees widened fiscal deficit

World Bank sees widened fiscal deficit

World Bank has projected the country’s fiscal deficit at 9.4 percent of the gross domestic product (GDP), a 2.3 percent…
RFA, Malga disagree on toll gates revenue

RFA, Malga disagree on toll gates revenue

The Roads Fund Administration (RFA) has put its foot down to cede some revenue generated from toll gates to local…
Cama wants electricity tariffs reduced

Cama wants electricity tariffs reduced

Consumers Association of Malawi (Cama) has written Malawi Energy Regulatory Authority (Mera) demanding a reduction of electricity tariffs following the…
Maldeco initiative bears fruits, boosts fish output

Maldeco initiative bears fruits, boosts fish output

Fish farmers in Mangochi and Zomba have started reaping benefits of one village, one cage (Ovoc), a community transformation initiative…
Grain traders rue maize export silence

Grain traders rue maize export silence

Grain Traders and Processors Association of Malawi has said its members are still being denied maize export permits despite having…
Ministry hails K124m investment in clean agriculture

Ministry hails K124m investment in clean agriculture

Ministry of Natural Resources and Climate Change says good management of empty pesticides containers is key towards achieving green farms…
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