Business
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Firm sees improved forex reserves
June 16, 2021
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
June 15, 2021
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
June 15, 2021
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
June 14, 2021
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
June 14, 2021
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
June 12, 2021
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
June 12, 2021
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
June 11, 2021
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
June 11, 2021
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
June 11, 2021
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…