Business

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Phanes Group finances $67m for KK solar power plant

Phanes Group finances $67m for KK solar power plant

The Nkhotakota Solar Power Plant, one of the first solar projects in Malawi, in 2019 completed its financing round after…
Planning Commission was proactive in 2019

Planning Commission was proactive in 2019

In the year just gone, the National Planning Commission (NPC) remained pro-active in planning for the successor to Vision 2020.…
Banks raise service fees, Cama cries foul

Banks raise service fees, Cama cries foul

Some commercial banks have hiked services fees effective January 1 this year, which means customers will have to pay more…
Malawi banks in consolidation drive

Malawi banks in consolidation drive

Bank consolidation seems to be on the  move in  the country, with large and stable banks growing steadily while small…
Vision 2020: Time to pick up the pieces

Vision 2020: Time to pick up the pieces

If aspirations of Malawians as outlined in the Vision 2020 back in March 1998 were to come to fruition, yesterday,…
MAICC born to solve Solve financing gaps

MAICC born to solve Solve financing gaps

In the year just gone, the financial sector registered historical breakthrough in the birth of the Malawi Agricultural and Industrial…
Where did maize surplus go?

Where did maize surplus go?

The year 2019 was never short of controversy as far as Malawi’s maize availability is concerned. While the country celebrated…
Blackouts haunt businesses

Blackouts haunt businesses

In 2019, many businesses failed to operate at optimum level due to intermittent power supply. The sole power supplier Electricity…
Inflation averages 9.2% in 11 months

Inflation averages 9.2% in 11 months

Inflation rate has averaged 9.2 percent between January and November 2019, a rate which is 0.3 percentage points below the…
Ministry urges MDAs to settle water bills

Ministry urges MDAs to settle water bills

Ministry of Agriculture, Irrigation and Water Development says Treasury will not settle about K23.1 billion water bill government ministries, departments…
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