Business
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IMF cuts Malawi growth projection
April 21, 2022
IMF cuts Malawi growth projection
The International Monetary Fund (IMF) has cut Malawi’s growth projection for 2022 from three percent to 2.7 percent citing global…
Rising food prices hit poor households
April 20, 2022
Rising food prices hit poor households
Malawian households spend an average of 63 percent of their total budgets on food, a development the World Bank says…
Trust calls for investment in processing, value-addition
April 20, 2022
Trust calls for investment in processing, value-addition
The Legumes Development Trust has urged government to champion investments in legumes processing and value-addition reduce the export of raw…
PPPC progresses on Mpatamanga project
April 19, 2022
PPPC progresses on Mpatamanga project
Public Private Partnership Commission (PPPC) says the next phase of negotiations on the 350 megawats (MW) $1.1 billion (about K905…
Malawi failing to reap from mining
April 19, 2022
Malawi failing to reap from mining
Malawi is failing to maximise her mining potential due to low level of expertise, leaving the industry at the mercy…
Greenbelt geared to promote high value crops
April 18, 2022
Greenbelt geared to promote high value crops
Greenbelt Authority says it aspires to invest between K300 billion and K500 billion in high value crops such as cotton…
NBM plc 2021 profits jump 52% to K34.2 billion
April 18, 2022
NBM plc 2021 profits jump 52% to K34.2 billion
National Bank of Malawi (NBM) plc has registered a 52 percent after-tax profit of K34.21 billion for the year ending…
Tobacco earnings, volumes fail to impress
April 18, 2022
Tobacco earnings, volumes fail to impress
Malawi has generated $961 786 (about K789 million) from about 647 000 kilogrammes (kg) of tobacco, AHL Group figures have…
Nico Life launches funeral plan for Malawians in diaspora
April 17, 2022
Nico Life launches funeral plan for Malawians in diaspora
Nico Life Insurance Company Limited in partnership with WiseChoice Insurance Agency last week launched the Kumudzi Diaspora Funeral Policy to…
Maize prices highest in the South
April 16, 2022
Maize prices highest in the South
Maize continues to sell at highest retail prices in the Southern Region, averaging 198 per kilogramme (kg), the International Food…