Business

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Covid-19 worsens MW trade balance

Covid-19 worsens MW trade balance

Malawi’s trade balance—the difference between the value of a country’s imports and its exports—widened further last year as the country…
African bond market Gets timely boost

African bond market Gets timely boost

The Economic Commission for Africa (ECA) has set up a Liquidity and Sustainability Facility (LSF), a financial tool that will…
Firms claim cooking oil sales down 50

Firms claim cooking oil sales down 50

Edible Cooking Oil Association of Malawi (Ecoam), a grouping of five cooking oil manufacturers, claims that the re-introduction of the…
Exports to AGOA 60% down

Exports to AGOA 60% down

Malawi’s exports to the United States (US) through the African Growth and Opportunity Act (Agoa)  preferential trade window continue to…
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…
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…
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…
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