Business

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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)…
Mining expert speaks on State-owned company

Mining expert speaks on State-owned company

Mining expert and former minister of Energy and Mining Grain Malunga has backed government’s intention to invest in a State…
Three-month inflation Average above 2022 target

Three-month inflation Average above 2022 target

Malawi’s headline inflation is fast rising, surpassing the Reserve Bank of Malawi (RBM) and the Treasury target for 2022, recent…
  Households dominate loans in credit basket

  Households dominate loans in credit basket

 Individual and household loans continue to rise and account for the largest stock of outstanding private sector credit at 32.7…
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