Business

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Illovo profit drops

Illovo profit drops

Illovo Sugar (Malawi) plc has attributed its profit drop to illegal sugar imports, increased competition, pricing constraints and challenges with…
Old Mutual to diversify, deepen insurance penetration

Old Mutual to diversify, deepen insurance penetration

Newly-appointed managing director of Old Mutual Rest of Africa Clement Chinaka has pledged continued growth of the financial services group,…
Mpinganjira urges PR professionals to uphold integrity

Mpinganjira urges PR professionals to uphold integrity

FDH Financial Holdings Limited chief executive officer Thomson Mpinganjira has urged public relations professionals in the country to uphold integrity…
Review backs tobacco contract farming

Review backs tobacco contract farming

Tobacco Commission (TC) says there is now substantial evidence that Malawi should continue with the implementation of the Integrated Production…
First Capital Bank acquires Bank of India (Botswana) Ltd

First Capital Bank acquires Bank of India (Botswana) Ltd

FMB Capital Holdings Group (FMBCH), the Mauritius-based holding company of First Capital Bank Malawi, has acquired Bank of India (Botswana)…
Minister wants investment accountability from CSOs

Minister wants investment accountability from CSOs

Minister of Agriculture, Irrigation and Water Development Kondwani Nankhumwa has expressed concern over lack of investment data into the agriculture…
Study doubts jump in Electricity penetration

Study doubts jump in Electricity penetration

Malawi would only reach around 20 percent electricity penetration in 2030 and fail to reach targets for serving the population,…
Digital land records curb corruption—Experts

Digital land records curb corruption—Experts

ICT experts are recommending that apart from implementing strong legal framework, harnessing technology and innovation would help solve corruption issues…
Businesses, Cear tipped on rail utilization

Businesses, Cear tipped on rail utilization

Lawmakers and stakeholders at a recent joint meeting organised by Vale Logistics and Central East African Railways have asked railway…
Malawi’s Agoa exports still under pressure

Malawi’s Agoa exports still under pressure

Malawi’s exports to the United States (US) through the African Growth and Opportunity Act (Agoa) remain under pressure with latest…
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