Business
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AfDB boosts Covid-19 fund in 5 countries
June 30, 2020
AfDB boosts Covid-19 fund in 5 countries
Malawi is among five African countries in the Southern African Development Community (Sadc) region to benefit from the African Development…
FDH Bank set to offload 20% stake in August
June 30, 2020
FDH Bank set to offload 20% stake in August
FDH Bank says it will offer 1.38 billion shares at K10 each through an Initial Public Offering (IPO) in anticipation…
MCCCI wants tax burden reduced
June 30, 2020
MCCCI wants tax burden reduced
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says it is hoping for efficiency-driven fiscal policies and reduced…
Mera set to draw K150m for carbon tax
June 29, 2020
Mera set to draw K150m for carbon tax
Malawi Energy Regulatory Authority (Mera) says it will this month draw K150 million from the Price Stabilisation Fund (PSF) to…
Tough times for Low wage earners
June 29, 2020
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
June 29, 2020
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
June 27, 2020
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
June 27, 2020
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
June 26, 2020
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
June 26, 2020
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…