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AfDB boosts Covid-19 fund in 5 countries

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

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

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

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

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…
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