Business

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MRA bubbly on beating target

MRA bubbly on beating target

Malawi Revenue Authority (MRA) has expressed confidence that it will beat the projected K1.116 trillion tax revenue target set in…
Forex shortage forces manufacturers to scale down

Forex shortage forces manufacturers to scale down

Some manufacturing companies have scaled down their production as they cannot import raw materials due to the shortage of foreign…
Egenco moves to ensure reliable power supply

Egenco moves to ensure reliable power supply

Electricity Generation Company (Egenco) has outlined measures to sustain the current ‘improved’ power generation capacity, including harvesting water in Lake…
Mpinganjira to open charity foundation

Mpinganjira to open charity foundation

Business mogul Thom Mpinganjira says plans are underway to set up the Thomson and Barbara Foundation to help his vision…
What you need to know about pensions

What you need to know about pensions

Pension is generally understood to be a retirement savings plan where one saves part of their income today to use…
MBS raises fears over fuel quality

MBS raises fears over fuel quality

Malawi Bureau of Standards (MBS) has revealed that some imported fuel lacks quality as it is adulterated and may have…
E-payments for unbanked booming

E-payments for unbanked booming

The rapid adoption of digital financial services is touted as a silver lining in the dark cloud cast by the…
FUM, Admarc sign farm produce purchase MoU

FUM, Admarc sign farm produce purchase MoU

Farmers Union of Malawi (FUM) and the Agricultural Development and Marketing Corporation (Admarc) on Monday signed an agreement aimed at…
Nasfam calls for farm input insurance

Nasfam calls for farm input insurance

National Smallholder Farmers Association of Malawi (Nasfam) has recommended the introduction of crop insurance for the K160.2 billion Affordable Inputs…
Saudi miner buys 85% stake in Malawian firm

Saudi miner buys 85% stake in Malawian firm

Ma’aden Marketing and Distribution—wholly-owned by Saudi Arabian Mining Company—has acquired 85 percent of Malawi’s Mauritius-headquartered largest phosphate producers, Meridian Group.…
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