Business

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Pressure mounts On kwacha

Pressure mounts On kwacha

Investment and advisory firm Nico Asset Mangers says the stability of the local unit remains uncertain due to impending unprecedented…
Current account deficit to narrow to 13.1—firm

Current account deficit to narrow to 13.1—firm

 Malawi’s overall current account deficit is expected to narrow from an estimated 15.8 percent of gross domestic product (GDP) in…
Covid-19 hits hard hospitality workers

Covid-19 hits hard hospitality workers

 The ripple effects of the novel coronavirus (Covid-19) has forced the hospitality industry to continue operating at a loss following…
MRA shields taxpayers against covid-19

MRA shields taxpayers against covid-19

The Malawi Revenue Authority (MRA) says it is pleased with the implementation of various preventive measures that it has put…
MCTU takes on RBM Over pension funds

MCTU takes on RBM Over pension funds

 Malawi Congress of Trade Unions (MCTU) has written the Reserve Bank of Malawi (RBM) to issue a directive to allow…
Artisanal miners meeting set for August

Artisanal miners meeting set for August

Nyasa Mining Cooperative (NMC) plans to hold the 2020 Artisanal Small Miners (ASMs) Annual General Conference in August in Lilongwe…
Ministry banks on Sadc e-certificate to boost trade

Ministry banks on Sadc e-certificate to boost trade

 Ministry of Industry and Trade says the Southern Africa Development Community (Sadc) electronic certificate of origin(eCoO) provision will help eliminate…
Icon Properties plc posts K7.4bn profit

Icon Properties plc posts K7.4bn profit

Malawi Stock Exchange (MSE)-listed property development and management firm, Icon Properties plc, has posted a K7.4 billion profit in the…
Treasury’s borrowing from banks rising

Treasury’s borrowing from banks rising

Treasury is still borrowing heavily from commercial banks instead of the central bank, recent Reserve Bank of Malawi (RBM) figures…
Tedzani IV construction at 84% completion

Tedzani IV construction at 84% completion

Electricity Generation Company of Malawi (Egenco) says construction works to add 18 megawatts (MW) to Tedzani Hydro Power Station in…
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