Business

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Non-issuance of change in coin value angers consumers

Non-issuance of change in coin value angers consumers

People in Mzuzu City have expressed concern over non-issuance of change in coin value which is common among some shop…
PPPC hopes K56bn project could narrow digital divide

PPPC hopes K56bn project could narrow digital divide

The Public Private Partnership Commission (PPPC) says it is banking on the $72.4 million (about K56 billion) Digital Malawi Project…
Informal maize imports On the rise, says fewsnet

Informal maize imports On the rise, says fewsnet

Informal maize imports have remained above average levels in recent months, with the Famine Early Warning Systems Network (FewsNet) figures…
Covid-19 to hit revenue

Covid-19 to hit revenue

Treasury could lose between K128 billion and K179 billion in domestic revenue in the 2020/21 financial year due to the…
Malawi’s cash crops on death bed—Aicc

Malawi’s cash crops on death bed—Aicc

The African Institute of Corporate Citizenship (Aicc) says there is nothing government can do to save the dying tobacco industry,…
Internet tax review can make data rates fall

Internet tax review can make data rates fall

When Malawi Communications Regulatory Authority (Macra) announced that effective Thursday, April 22 2021, mobile network operators in the country would…
RBM revises 2021 inflation rate target

RBM revises 2021 inflation rate target

The Reserve Bank of Malawi (RBM) has revised upwards its 2021 inflation rate projection from 7.6 percent to an average…
Covid-19 costs aviation industry k134 billion

Covid-19 costs aviation industry k134 billion

The country’s aviation industry has lost an estimated K134 billion in revenue due to the Covid-19 pandemic which slowed down…
FMBCH year-end profit jumps to $21.2 million

FMBCH year-end profit jumps to $21.2 million

FMB Capital Holdings (FMBCH) plc, the holding company for First Capital Bank operations in Africa, has reported profit after tax…
Low absorption rate mars $95m AGCOM project

Low absorption rate mars $95m AGCOM project

Agriculture Commercialisation (Agcom) Project has  disbursed only K1.2 billion to farmer organisations out of the K23 billion matching grants. Government…
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