Business
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65 face retrenchment at Kayelekera mine
March 31, 2020
65 face retrenchment at Kayelekera mine
Paladin (Africa) Limited is set to retrench 65 Malawian workers at Kayelekera Uranium Mine in Karonga as the company tries…
Govt repurchases K8bn debt securities
March 31, 2020
Govt repurchases K8bn debt securities
Treasury bought back securities worth K8 billion from individual and institutional investors as part of public debt management strategy, the…
Ecobank Malawi profit after tax up 42%
March 30, 2020
Ecobank Malawi profit after tax up 42%
Ecobank Malawi profit after tax grew by 42 percent from K5 billion in 2018 to K7.1 billion in 2019, to…
No quick fix to energy woes
March 30, 2020
No quick fix to energy woes
Malawians will continue grappling with power woes as the repair of a 32 megawatt (MW) power plant at Kapichira Power…
Experts plead for financial sector’s flexibility amid coronavirus outbreak
March 30, 2020
Experts plead for financial sector’s flexibility amid coronavirus outbreak
Financial experts have urged financial institutions to consider restructuring their loan facilities to reduce challenges that may arise due to…
Cotton farmers anticipate improved prices
March 28, 2020
Cotton farmers anticipate improved prices
Cotton farmers in the country are anticipating better prices this year from the projected bumper cotton yield that has been…
New tobacco buyer in
March 28, 2020
New tobacco buyer in
The Tobacco Commission has registered a new tobacco buying company ahead of this year’s market season bringing the total number…
Current account deficit to narrow—Report
March 27, 2020
Current account deficit to narrow—Report
Malawi’s overall current account deficit is expected to turnaround from an estimated 15.8 percent of gross domestic product (GDP) in…
MCCCI tips Treasury on Covid-19 outbreak
March 27, 2020
MCCCI tips Treasury on Covid-19 outbreak
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has advised Treasury to prioritise its expenditure towards mitigating further negative…
Market shatters Small-scale miners
March 27, 2020
Market shatters Small-scale miners
Local artisanal and small-scale miners (ASMs) are feeling the pinch of the knock-on effects of the coronavirus outbreak which has…