Business

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Commission drills stakeholders in new Tobacco Act

Commission drills stakeholders in new Tobacco Act

Tobacco Commission (TC) says it will continue implementing the new Tobacco Act despite negative reactions from some stakeholders. TC deputy…
Illovo Sugar Malawi earnings down 75%

Illovo Sugar Malawi earnings down 75%

Illovo Sugar (Malawi) plc reported a 75 percent decline in its earnings to K2 billion in the six months ended…
Salima Sugar Company under fire over workers gear

Salima Sugar Company under fire over workers gear

Minister of Industry and Trade Salim Bagus has asked Salima Sugar Company to provide personal protective equipment to its workers…
Digital financial Services use up

Digital financial Services use up

Use of digital financial services (DFS) went up in the first quarter (Q1) of 2020 as reflected in the improvement…
Covid-19 affects private sector credit

Covid-19 affects private sector credit

The Reserve Bank of Malawi (RBM) says the general slowdown in economic activity in the country  amid the Covid-19 pandemic…
Businesses advance digital technologies

Businesses advance digital technologies

The sudden disruption of economic activity the Covid-19 pandemic has brought has made companies to rethink and advance their business…
Second hand car importers take on MRA

Second hand car importers take on MRA

Importers of Used Cars Association has accused the Malawi Revenue Authority (MRA) for uplifting prices of imported vehicles contrary to…
Zim lockdown delays new tobacco buyer

Zim lockdown delays new tobacco buyer

newly-licensed tobacco buyer ,Voedsel Tobacco Company from Zimbabwe is yet to start buying the leaf four weeks after the official…
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…
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