Business

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New locomotives to boost rail transport, cut costs

New locomotives to boost rail transport, cut costs

Nacala Logistics, concessionaire and operator of the Nacala Development Corridor, says the launch of its Dash 9 locomotives in the…
Insurance firm hands over repaired MPC coach

Insurance firm hands over repaired MPC coach

CIC Insurance Limited has handed over a repaired commuter coach to Malawi Posts Corporation (MPC) which was involved in an…
Comesa bodies set to host second regional trade fair

Comesa bodies set to host second regional trade fair

The Comesa Federation of National Associations of Women in Business (Comfwb) and the Zambia Federation of Associations of Women in…
Captain Tours procures luxury buses, launches courier company

Captain Tours procures luxury buses, launches courier company

Captain Tours, a bus company has procured four luxury passenger buses worth over K520 million and has introduced the Courier…
Tobacco earnings up 13% in 2021

Tobacco earnings up 13% in 2021

Malawi has cumulatively earned $197.1 million (about K160 billion) from tobacco sales in 2021, which is 13 percent higher than…
Rising food prices push up cost of living—report

Rising food prices push up cost of living—report

Rising food prices have pushed up the Survival Minimum Expenditure Basket (Smeb), with the largest change in households expenditure observed…
Govt opens fiscal year with deficit

Govt opens fiscal year with deficit

The Malawi Government recorded a deficit of K46.8 billion in July, the first month of this fiscal year, up from…
National Planning Commission optimistic on middle-income status

National Planning Commission optimistic on middle-income status

National Planning Commission (NPC) says Malawi can attain the middle-income status by 2030 if it focuses on a few tangible…
Sending remittances to Malawi costly—report

Sending remittances to Malawi costly—report

The cost associated with sending remittances to African countries, including Malawi, is one of the highest in the world, a…
Finance gap threatens Industrialisation goals

Finance gap threatens Industrialisation goals

University of Malawi associate professor of economics Ronald Mangani says financing gaps threaten the country’s aspirations of achieving industrialisation and…
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