Business

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Illovo hands over police unit, 3 vehicles

Illovo hands over police unit, 3 vehicles

Illovo Sugar (Malawi) plc in partnership with GardaWorld and Unitrans last week handed over an office block and three vehicles…
Vivo Energy in safety day commemorations

Vivo Energy in safety day commemorations

Vivo Energy Malawi last week commemorated its annual safety day with a call to ensure safety where they operate their…
Covid-19 threatens investment deals

Covid-19 threatens investment deals

The World Bank has cast doubt on Malawi’s chances of concluding investment deals in the wake of Covid-19 despite having…
RBM wants suspension of judgement in ICT deal

RBM wants suspension of judgement in ICT deal

The Reserve Bank of Malawi (RBM) wants the High Court to suspend enforcement of a August 23 judgement which ordered…
Insurance firms challenged to bring tailor-made products

Insurance firms challenged to bring tailor-made products

Press Corporation plc chief executive officer George Partridge has challenged insurance firms to come up with innovative products that suit…
Interbank borrowing up On tightening liquidity

Interbank borrowing up On tightening liquidity

The continued liquidity challenges in the domestic market faced by commercial banks on has pushed up borrowing between banks as…
Treasury positive on budget

Treasury positive on budget

Ministry of Finance says although most of the 2021/22 National Budget assumptions are not performing as projected, budget implementation has…
World bank cautions On access to finance

World bank cautions On access to finance

The World Bank says access to finance will likely become challenging in the short-term as markets begin to absorb the…
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…
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