Business
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Egenco pledges to diversify power sources
October 29, 2021
Egenco pledges to diversify power sources
Electricity Generation Company (Egenco) says it is committed to increasing power generation by diversifying energy sources. Egenco chief executive officer…
Why forex will remain scarce in Malawi
October 28, 2021
Why forex will remain scarce in Malawi
Malawi is no stranger to foreign exchange shortages and fluctuations in value. This has been the situation for some time…
IMF projects 2021Inflation at 9.5%
October 28, 2021
IMF projects 2021Inflation at 9.5%
The International Monetary Fund (IMF) has projected that Malawi’s 2021 annual inflation rate will average 9.5 percent due to the…
Kwacha to close year at K829/dollar—EIU
October 28, 2021
Kwacha to close year at K829/dollar—EIU
The Economist Intelligence Unit (EIU) has projected that the kwacha could depreciate further to close the year at K829.8 to…
Transporters, businesses rue Beitbridge congestion
October 27, 2021
Transporters, businesses rue Beitbridge congestion
Road Transport Operators Association says the chaos at Beitbridge Border in Zimbabwe where trucks are taking up to five days…
Malawi loses out on Tobacco processing
October 27, 2021
Malawi loses out on Tobacco processing
JTI Leaf (Malawi) Limited says the country is losing out by not utilising its tobacco processing capacity to process tobacco…
Mera uncertain on fuel price forecast
October 26, 2021
Mera uncertain on fuel price forecast
Malawi Energy Regulatory Authority (Mera) says it may not be able to forecast local fuel pump prices in months or…
Maldeco fish project impresses minister
October 26, 2021
Maldeco fish project impresses minister
Minister of Forestry and Natural Resources Nancy Tembo has expressed satisfaction with the progress of One Village, One Cage Initiative…
Covid-19 impacted on Sacco membership—Muscco
October 26, 2021
Covid-19 impacted on Sacco membership—Muscco
Malawi Union of Savings and Credit Cooperatives (Muscco) says savings and credit cooperatives (Saccos) have lost a substantial membership due…
Address structural issues to boost exports—Fimda
October 25, 2021
Address structural issues to boost exports—Fimda
Financial Market Dealers Association of Malawi (Fimda) has urged authorities to address structural issues that inhibit the country’s productive capacity…