Business
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Budget will tell if destination remains ‘Canaan’
May 27, 2021
Budget will tell if destination remains ‘Canaan’
Minister of Finance Felix Mlusu is under the spotlight again as he presents his and the Tonse Alliance administration’s second…
AfDB offers women SMEs capital boost
May 27, 2021
AfDB offers women SMEs capital boost
Malawian women-led small and medium enterprises (SMEs) are set to benefit from the African Development Bank (AfDB) financing that seeks…
Study cautions ADMARC funding
May 27, 2021
Study cautions ADMARC funding
Continued public funding of financially-struggling Agricultural Development and Marketing Corporation (Admarc) is made at the expense of increased private sector…
Illovo half-year profit hits K6.1bn
May 26, 2021
Illovo half-year profit hits K6.1bn
Listed sugar manufacturer Illovo Sugar (Malawi) plc has posted a K6.1 billion profit in the half-year ended February 28 2021…
Firms want Taxes intact
May 26, 2021
Firms want Taxes intact
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has spoken against raising taxes in the forthcoming fiscal year, arguing…
Grain traders lose out on maize exports
May 25, 2021
Grain traders lose out on maize exports
Barely a week before the three-month export window closes, grain traders have only exported 17 478 metric tonnes (MT) of…
Implanting trade hope amid Covid-19 monster
May 25, 2021
Implanting trade hope amid Covid-19 monster
The Covid-19 pandemic has completely plunged the global economy into an abyss of recession. The pandemic mirrors two other past…
Malawi tobacco faces new threat
May 25, 2021
Malawi tobacco faces new threat
Malawi’s tobacco industry faces another blow as most of its major markets are contemplating banning the sale of mint-flavoured cigarettes,…
4-month average inflation rate surpasses 2021 target
May 25, 2021
4-month average inflation rate surpasses 2021 target
Malawi’s year-on-year headline inflation has averaged 8.65 percent between January and April this year, slightly above the 2021 inflation rate…
Fund disburses K5.8bn to new beneficiaries
May 24, 2021
Fund disburses K5.8bn to new beneficiaries
The National Economic Empowerment Fund (Neef), formerly Malawi Enterprise Development Fund (Medf), says it has disbursed K5.8 billion to 2…