Business

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Firm discovers copper deposits

Firm discovers copper deposits

African Minerals and Energy Holdings Limited, a Malawian-based exploration and mining firm, has confirmed the discovery of copper deposits at…
TNM, foundation in economic empowerment deal

TNM, foundation in economic empowerment deal

The Joyce Banda Foundation International has struck a deal with TNM plc to economically empower rural women and vulnerable groups…
RBM reins in on banks

RBM reins in on banks

In this second and final instalment of his interview with Reserve Bank of Malawi Governor Wilson Banda, Ephraim Munthali tackles…
K1.36bn livestock lost to floods-Institute

K1.36bn livestock lost to floods-Institute

The Mwapata Institute says 25 444 livestock units estimated at K1.36 billion were lost during the Cyclone Ana in Chikwawa…
Consumption levels at the mercy of rising prices

Consumption levels at the mercy of rising prices

Rising food prices have impacted households’ budgets by reducing consumption levels, resulting in declining welfare and counteracting improvements in economic…
Analyst speaks on monetary policy stance

Analyst speaks on monetary policy stance

The recent monetary policy stance is a necessary step in order to ensure price stabilisation in the economy in line…
Sugar shortage pushes up prices, consumers worried

Sugar shortage pushes up prices, consumers worried

Despite listed sugar manufacturer Illovo Sugar (Malawi) plc insisting that the product is now available with production up and running,…
Kwacha fall hits telecoms firms

Kwacha fall hits telecoms firms

The continued depreciation of the kwacha has not spared players in the telecommunications industry as their annual profits have been…
Fixing economy needs action, not rhetoric

Fixing economy needs action, not rhetoric

Fixing economy needs action, not rhetoric It never rains, but pours for the Malawi economy which is literally in the…
RBM sceptical on growth prospects

RBM sceptical on growth prospects

The Reserve Bank of Malawi (RBM) has cast doubts on this year’s growth projection owing to a number of downside…
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