Business
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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…
Inflation eases to 9.4%
May 18, 2020
Inflation eases to 9.4%
Malawi’s year-on-year inflation eased by 0.4 percentage points to 9.4 percent in April, published figures from the National Statistical Office…
Medf receives K5.2bn business loan applications
May 18, 2020
Medf receives K5.2bn business loan applications
Malawi Enterprises Development Fund (Medf) says it has received loan applications worth K5.2 billion from groups and individuals nationwide seeking…
Green Belt woos private sector on irrigation projects
May 18, 2020
Green Belt woos private sector on irrigation projects
The Green Belt Authority (GBA), a government agency that manages irrigation projects, has called on the local private sector to…
Cash transfers yet to impact poverty
May 16, 2020
Cash transfers yet to impact poverty
Despite the overwhelming positive evidence on the effectiveness of cash transfers in Malawi, their current benefit levels are too low…
Businesses praise tax relief window
May 15, 2020
Businesses praise tax relief window
Local businesses have welcomed the recently-introduced Voluntary Compliance Window (WCW) by the Malawi Revenue Authority (MRA), saying it is as…
E-commerce important tool in Covid-19 fight—WTO
May 15, 2020
E-commerce important tool in Covid-19 fight—WTO
The nature of Covid-19 and its impact on economies underscores the need for countries to capitalise on e-commerce and strengthen…
FDH donates to Blantyre DHO
May 15, 2020
FDH donates to Blantyre DHO
FDH Bank on Wednesday donated K3.2 million worth of medical equipment to the Blantyre District Health Office (DHO) to assist…