Business

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Tough times for Low wage earners

Tough times for Low wage earners

Minimum wage earners are struggling to provide for their families following a decline in income due to the Covid-19 pandemic,…
Mpatsa Holdings acquires 49% stake in MyBucks

Mpatsa Holdings acquires 49% stake in MyBucks

Frankfurt-listed Fintech MyBucks S.A., the parent company of MyBucks Malawi, says it has agreed to reduce its shareholding in the…
Ray of hope for marooned fishing community

Ray of hope for marooned fishing community

A boat trip from Monkey Bay Port to Mbvunguti, an isolated community of about 6 000 inhabitants some 20 kilometres (11…
Employers’ covid-19 recovery on hook

Employers’ covid-19 recovery on hook

Employers Consultative Association of Malawi (Ecam) says it is worried with lack of commitment from government on recovery measures for…
Political impasse, Covid-19 dent BHL performance

Political impasse, Covid-19 dent BHL performance

Blantyre Hotels Limited (BHL), the Malawi Stock Exchange-listed hospitality group, says its business in the half-year ended March 31 2020…
Election defining Moment—experts

Election defining Moment—experts

Economic commentators say the court-ordered fresh presidential election has provided a defining moment for the country’s economy as the new…
Investor terminates Nyika National Park concession

Investor terminates Nyika National Park concession

The Central African Wilderness Safaris has terminated the Nyika National Park Chelinda Lodge and Camp management agreement with government because…
Cama, tax experts hail Treasury on carbon tax

Cama, tax experts hail Treasury on carbon tax

Consumers Association of Malawi (Cama) and tax experts have commended Treasury for modifying how motorists should be paying carbon tax,…
‘Second compact on track amid covid-19’

‘Second compact on track amid covid-19’

Preparations for Malawi’s second Millennium Challenge Corporation (MCC) compact are on course despite several restrictions due to the Covid-19 pandemic,…
Tobacco market fully operational—AHL Group

Tobacco market fully operational—AHL Group

AHL Group says the tobacco market is now fully operational, selling 25 000 bales a day from 3 000 bales…
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