Business

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Firm sees improved forex reserves

Firm sees improved forex reserves

The Economist Intelligence Unit (EIU) says the country’s foreign exchange (forex) reserves are projected to improve. The projection contradicts Reserve…
Miner unveils rutile deposits at Kasiya

Miner unveils rutile deposits at Kasiya

Australian Stock Exchange (ACX)-listed Sovereign Metals Limited has unveiled rutile deposits in Kasiya, Lilongwe, which the company says is one…
New tax measures excite businesses

New tax measures excite businesses

The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says businesses are banking on the proposed 2021/22 tax policies…
Malawi, south Sudan strike deal

Malawi, south Sudan strike deal

Malawi and South Sudan on Thursday signed a trade agreement that will see Lilongwe exporting its surplus food to Juba…
Nasfam, ActionAid propose subsidy multi-year plan

Nasfam, ActionAid propose subsidy multi-year plan

The National Association of Smallholder Farmers in Malawi (Nasfam) and ActionAid Malawi have proposed to government the need for the…
MW ready to tap into K750bn African market

MW ready to tap into K750bn African market

Malawi has potential to tap from a $943 million (K754 billion) export markets through the African Continental Free Trade Agreement…
Power demand soars

Power demand soars

The Electricity Supply Corporation of Malawi (Escom) sold 1 576 gigawatts (GWh) of electricity in 2020, a 6.3 percent rise…
Afrexmibank commits to support Malawi-Sudan trade deal

Afrexmibank commits to support Malawi-Sudan trade deal

The African Export-Import Bank (Afreximbank) has committed to support the Malawi-South Sudan trade deal by financing and promoting trade between…
Court grants RBM stay order in ICT deals case

Court grants RBM stay order in ICT deals case

The High Court on Tuesday put aside a decision of the Public Procurement and Disposal of Assets Authority (PPDA) for…
Troubled kwacha sheds off 3.21% in five months

Troubled kwacha sheds off 3.21% in five months

The kwacha continues to face pressure with data showing it has lost 3.21 percent against the dollar between January and…
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