Business

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Minister hints at new energy sector reforms

Minister hints at new energy sector reforms

Minister of Energy Newton Kambala has unveiled plans to start implementing new reforms to govern the country’s energy sector while…
Nico Holdings H1 profit up 5%

Nico Holdings H1 profit up 5%

Nico Holdings plc has registered a profit after-tax of K7.64 billion in the half year period ended June 2020, a…
RBM decries rising pension arrears

RBM decries rising pension arrears

Reserve Bank of Malawi (RBM) Governor Wilson Banda says rising levels of contribution arrears continue to pose a threat to…
Thom Mpinganjira hands over mantle at FDH

Thom Mpinganjira hands over mantle at FDH

Business mogul Thomson Mpinganjira has retired from FDH Financial Holdings Limited as chief executive officer effective September 1 2020, the…
Public debt stock worries Chakwera

Public debt stock worries Chakwera

President Lazarus Chakwera says he is worried about the country’s rising public debt stock, which soared to K4.1 trillion as…
Some citizens brand 60/40 procurement law unfair

Some citizens brand 60/40 procurement law unfair

Some concerned citizens have described the proposed regulations to award 60 percent of all contracts under national competitive bidding to…
Fincoop Sacco registers K20m surplus

Fincoop Sacco registers K20m surplus

Fincoop, one of the country’s savings and credit cooperatives (Saccos), has registered a K20.1 million surplus as at December 2019…
MOZ bans fish imports from MW

MOZ bans fish imports from MW

Mozambique has banned the importation of cultured fish from Malawi, following the outbreak of a lethal disease in fish reared…
Covid-19 impact worse on incomes

Covid-19 impact worse on incomes

A recent food security assessment conducted in Malawi’s four major cities — Blantyre, Zomba, Lilongwe, and Mzuzu — shows that…
AfDB, experts call for fiscal reforms

AfDB, experts call for fiscal reforms

The African Development Bank (AfDB) says in the wake of perpetual fiscal deficits, Treasury should embrace fiscal reforms and spending…
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