Business

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Firm invests K99bn in 75MW power plant

Firm invests K99bn in 75MW power plant

Africa Energy and Power Limited, an independent power producer (IPP), has unveiled plans to build a $125 million (about K99…
Breathe life into State enterprises

Breathe life into State enterprises

For a long time, most State enterprises have been a burden rather than an asset to their shareholder, the Malawi…
Grain traders in Race against time

Grain traders in Race against time

Grain Traders and Processors Association of Malawi faces a race against time to export maize to regional markets as the…
EIU doubts economic recovery amid Covid-19 vaccine rollout

EIU doubts economic recovery amid Covid-19 vaccine rollout

Economist Intelligence Unit (EIU), a United Kingdom-based research and analysis division of Economist Group, sees no immediate return to economic…
AfDB downgrades Malawi’s GDP growth

AfDB downgrades Malawi’s GDP growth

The March 2021 African Development Bank (AfDB) African Economic Outlook has revised downwards the real gross domestic product (GDP) growth…
Tobacco buyers, TC differ on demand figure

Tobacco buyers, TC differ on demand figure

Tobacco buyers and Tobacco Commission (TC) have differed on this year’s demand for the leaf with the former requesting authorities…
Low-income earners face housing crisis

Low-income earners face housing crisis

Few Malawians can afford to own or rent a decent house, a development that is further worsened by the financial…
Minister challenges Icam to extend expertise to govt

Minister challenges Icam to extend expertise to govt

Minister of Labour Ken Kandodo has challenged the Institute of Chartered Accountants in Malawi (Icam) to extend their expertise and…
Committee wants Councils reformed

Committee wants Councils reformed

The Public Accounts Committee (PAC) of Parliament says it has noted serious capacity gaps in the management of taxpayers’ money…
PPDA faults rbm on ict bid

PPDA faults rbm on ict bid

Public Procurement and Disposal of Assets Authority (PPDA) has ordered the Reserve Bank of Malawi (RBM) to engage independent evaluators…
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