Business
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PPPC progresses on 350MW Mpatamanga power project
October 6, 2021
PPPC progresses on 350MW Mpatamanga power project
Public Private Partnership Commission (PPPC) says the 350 megawatts (MW) Mpatamanga Hydro Power Project is taking shape and that investors…
Firm upbeat on Kayelekera Uranium Mine, outlines plans
October 5, 2021
Firm upbeat on Kayelekera Uranium Mine, outlines plans
New investors in Kayelekera Uranium Mine in Karonga, Lotus Resources Limited, says it wants to grow resources to ensure a…
Forex demand dampens kwacha
October 5, 2021
Forex demand dampens kwacha
The Reserve Bank of Malawi (RBM) has attributed the continued depreciation of the kwacha to the excess demand for foreign…
Mera moves to boost fuel imports by rail
October 4, 2021
Mera moves to boost fuel imports by rail
Malawi Energy Regulatory Authority (Mera) says it will next year increase the use of railway to import fuel, a move…
Current account Deficit to widen
October 4, 2021
Current account Deficit to widen
The Economist Intelligence Unit (EIU) says Malawi’s current account deficit is expected to remain wide largely due to a large…
NCIC for a corrupt-free construction industry
October 2, 2021
NCIC for a corrupt-free construction industry
The National Construction Industry Council of Malawi (NCIC) says it will not tolerate corruption in the construction sector as experience…
‘RBM’s export proceeds liquidation eases market’
October 2, 2021
‘RBM’s export proceeds liquidation eases market’
The Reserve Bank of Malawi’s (RBM) move to re-introduce the mandatory sale of export proceeds improved foreign exchange liquidity, the…
EIU positive on trade
October 2, 2021
EIU positive on trade
The Economist Intelligence Unit (EIU) says the country’s current account deficit is to remain sizeable between 2021 and 2025 on…
Malawi, others tipped on economic transformation
October 1, 2021
Malawi, others tipped on economic transformation
The United Nations Conference on Trade and Development (Unctad) says Malawi and 46 other Least Developed Countries (LDCs) need to…
Milk producers losing K27m daily
October 1, 2021
Milk producers losing K27m daily
Malawi Milk Producers Association says its members are losing 130 000 litres of milk valued at K27 million daily due…