Business

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Egenco upbeat on new Escom deal

Egenco upbeat on new Escom deal

Electricity Generation Company (Egenco) has expressed optimism  that it would sign a new power purchase agreement (PPA) with Electricity Supply…
Minister blames cement scarcity on foreign exchange

Minister blames cement scarcity on foreign exchange

Minister of Trade Sosten Gwengwe has attributed the scarcity of cement in the country to shortage of foreign exchange, which…
Let the kwacha attain true value

Let the kwacha attain true value

Ever since the court-ordered June 23 Fresh Presidential Election which ushered in a new administration of President Lazarus Chakwera and…
Forex drought hits banks hard

Forex drought hits banks hard

Foreign exchange shortages in  Authorised Dealer Banks (ADBs) are forcing commercial banks to ration the hard cash, The Nation has…
FDH Bank gives K14 million scanning machine to hospital

FDH Bank gives K14 million scanning machine to hospital

FDH Bank plc has donated an ultrasound scanning machine worth K14 million to Mwanza District Hospital. Speaking during the handover…
Cost of living down 12%, workers still bearing brunt

Cost of living down 12%, workers still bearing brunt

Despite the cost of living easing by 12 percent in the first six months of this year, the Centre for…
Govt sets up workers’ compensation fund

Govt sets up workers’ compensation fund

Minister of Labour Ken Kandodo has admitted that rising workers’ compensation claims are increasingly becoming a burden on some employers,…
‘Youth participation in agriculture commercialisation low’

‘Youth participation in agriculture commercialisation low’

Agricultural Commercialisation (Agcom) project has expressed worry over low participation of youths in commercial agriculture, saying they are missing out…
Pension tax to hit jobs—ECAM

Pension tax to hit jobs—ECAM

Employers Consultative Association of Malawi (Ecam) has warned that some firms could be forced to fire workers following the 16.5…
Standard Bank plc H1 profit up 56%

Standard Bank plc H1 profit up 56%

Standard Bank plc has reported a 56 percent increase in profit after-tax to K12.75 billion in the first six months…
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