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Power interconnection project gets K16bn EU boost

Power interconnection project gets K16bn EU boost

The European Union (EU) has provided 20 million euros (about K16 billion) grant for the implementation of the Malawi-Mozambique Power…
Employers hit hard

Employers hit hard

With a month to go before the new minimum wage rolls out, labour-intensive sectors will be the worst hit by…
MOC drills sports administrators

MOC drills sports administrators

Malawi Olympic Committee (MOC) at the weekend drilled sports administrators during a two-day course held in Blantyre. Speaking during the…
Sacco movement growth slow—Ministry

Sacco movement growth slow—Ministry

Savings and credit cooperatives (Saccos) in the country have been challenged to borrow a leaf from other countries if they…
‘Malawi’s uptake on digital industrialisation low’

‘Malawi’s uptake on digital industrialisation low’

With up to 70 percent of the manufacturing sector still using analogue technologies, Malawi’s uptake in digital industrialisation is low,…
Govt U-turns on Medf recapitalisation plans

Govt U-turns on Medf recapitalisation plans

Treasury says it has put on hold plans to turn the Malawi Enterprise Development Fund (Medf), formerly Malawi Rural Development…
Surge in non-decent jobs

Surge in non-decent jobs

Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says it is upset with Malawi’s continued over-reliance on the agriculture…
Mulanje Cable Cars project attracts UK investors

Mulanje Cable Cars project attracts UK investors

A team of United Kingdom investors is expected in Malawi before the end of the year to explore opportunities available…
RBM decries low per capita GDP

RBM decries low per capita GDP

Reserve Bank of Malawi (RBM) Governor Dalitso Kabambe says Malawi’s per capita gross domestic product (GDP) remains ‘very low and…
Nico pension assets grow 10 times

Nico pension assets grow 10 times

Nico Asset Managers, a subsidiary of Nico Holdings plc, says assets for Nico Life Insurance and Nico Pensions have grown…
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