Business
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Egenco needs k18bn To restore power
February 7, 2022
Egenco needs k18bn To restore power
Electricity Generation Company (Egenco) says it needs about K18 billion to restore and repair the damage at Kapichira Hydro Power…
Malawi’s trade balance widens in Q4—report
February 7, 2022
Malawi’s trade balance widens in Q4—report
Malawi’s trade balance widened by $126 million (about K103.6 billion) in the fourth quarter (Q4) of 2021 as exports outweighed…
Global oil prices rise mounts pressure on local prices
February 5, 2022
Global oil prices rise mounts pressure on local prices
Global oil prices continue rising, putting pressure on local pump prices, which the Malawi Energy and Regulatory Authority (Mera) already…
Mixed fortunes for kwacha
February 5, 2022
Mixed fortunes for kwacha
The Malawi kwacha depicted mixed performance against currencies of its major trading partners in November 2021, depreciating by 0.2 percent…
Pressure mounts on maize prices
February 4, 2022
Pressure mounts on maize prices
Amid the poor performance of rains and concerns of a below-average harvest in March-April, traders will likely be hoarding maize…
Minister commits to end Escom, PML roles row
February 4, 2022
Minister commits to end Escom, PML roles row
Newly appointed Minister of Energy Ibrahim Matola has plegged to end the power procurement wrangle between Electricity Supply Corporation of…
Next budget should factor in realities
February 3, 2022
Next budget should factor in realities
From February 4 2022, members of Parliament (MPs) will reconvene in Lilongwe for the Budget Meeting which will give them…
Industry players cautious on local tourism recovery
February 3, 2022
Industry players cautious on local tourism recovery
Malawi Tourism Council (MTC) says the country’s Covid-19 high-risk ranking will further affect the speedy recovery of the tourism sector.…
Nacala Corridor project handholds SMES
February 3, 2022
Nacala Corridor project handholds SMES
For a long time, small and medium enterprises (SMEs) have lamented lack of capacity to participate and compete in the…
Treasury in K275bn deficit in 5 months
February 3, 2022
Treasury in K275bn deficit in 5 months
Treasury continues to record deficits in its budgetary operations as expenditures are more than revenues being generated, figures from the…