Business
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Illovo positive despite Kenya sugar import cap
April 7, 2021
Illovo positive despite Kenya sugar import cap
Malawi Stock Exchange-listed sugar manufacturer Illovo Sugar (Malawi) plc says it is hopeful of an increase in sugar quota despite…
Ministry drums up support for locally produced goods
April 7, 2021
Ministry drums up support for locally produced goods
Ministry of Trade has urged people to consume and use locally made products, saying this is the only way to…
NBS Bank annual profit up 58% to K7bn
April 6, 2021
NBS Bank annual profit up 58% to K7bn
NBS Bank plc has reported a 58 percent increase in profit after-tax to K7 billion in the year ended December…
Construction sector Decries funding deficit
April 6, 2021
Construction sector Decries funding deficit
Players in the construction sector say lack of funding for infrastructure development projects has grounded their business to a halt.…
National Bank posts K22.4bn after-tax profit
April 6, 2021
National Bank posts K22.4bn after-tax profit
National Bank of Malawi (NBM) plc has registered a group profit after-tax of K22.45 billion from K17.16 billion in 2019,…
Illovo queried on Bottler sugar price
April 5, 2021
Illovo queried on Bottler sugar price
Illovo Sugar (Malawi) plc says it exports sugar at prices below the cost of production and over two times compared…
Digitisation key to economy amid Covid-19—Word Bank
April 5, 2021
Digitisation key to economy amid Covid-19—Word Bank
The World Bank says digital technologies present an opportunity for Malawi and other African economies to ensure continuity of activities…
Experts question GDP projection
April 3, 2021
Experts question GDP projection
Economic experts have questioned the country’s gross domestic product (GDP) projected growth of 3.8 percent, saying it is a tall…
Govt pledges to accelerate eradication of child labour
April 2, 2021
Govt pledges to accelerate eradication of child labour
Ministry of Labour has pledged to ensure that Malawi moves faster than other countries in the region in achieving target…
Power cost hinders dairy firm take-off
April 2, 2021
Power cost hinders dairy firm take-off
Prospects of income opportunities for about 5 000 dairy farmers and the creation of 200 jobs lie in limbo as…