Business

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Govt moves on mining ventures

Govt moves on mining ventures

Ministry of Mining says it expects to finish some mining development agreements negotiations with three mining firms by June this…
Imperial Motors unveils Nissan Navara single cab

Imperial Motors unveils Nissan Navara single cab

Imperial Motors Limited, the sole distributor of Nissan and Mitsubishi vehicles in the country, last week unveiled the Nissan Navara…
Businesses continue to feel the pinch

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

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

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

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

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

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

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

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…
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