Business

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65 face retrenchment at Kayelekera mine

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

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%

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

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

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

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

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

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

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

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…
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