Business

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Egenco pledges to diversify power sources

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

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%

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

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

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

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

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

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

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

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…
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