Business
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Pressure mounts On kwacha
May 22, 2020
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
May 21, 2020
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
May 21, 2020
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
May 20, 2020
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
May 20, 2020
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
May 20, 2020
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
May 20, 2020
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
May 19, 2020
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
May 19, 2020
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
May 19, 2020
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…