Business

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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…
Minister ramps up efforts on job creation agenda

Minister ramps up efforts on job creation agenda

Minister of Labour Ken Kandodo says the ministry has developed a job creation strategy by involving small and medium enterprises…
FDH Bank donates to Friends of Embangweni Hospital

FDH Bank donates to Friends of Embangweni Hospital

FDH Bank plc has given K2 million to Friends of Embangweni Mission Hospital in Mzimba to enable the grouping buy…
Tobacco revenue down 18%, figures show

Tobacco revenue down 18%, figures show

Malawi has to date earned $131 million (about K96 billion) from tobacco in week 18 of sales, figures from Tobacco…
Indigenous businesses Lose out procurement

Indigenous businesses Lose out procurement

Minister of Trade Sosten Gwengwe says indigenous Malawians are not benefiting from public procurement despite available regulations for preferential treatment.…
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