Business

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Govt scales down coal power project

Govt scales down coal power project

Malawi has scaled down the 300 megawatts (MW) Kam’mwamba Coal-Fired electricity generation project in Neno following the financiers’ decision to…
Import cover drop temporary—RBM

Import cover drop temporary—RBM

The Reserve Bank of Malawi (RBM) has said the current drop in the gross foreign exchange reserves–a combination of official…
Consumers in shopping spree

Consumers in shopping spree

With just hours left to Christmas, shoppers were left scrambling for last-minute dAY shopping in the country’s major cities of…
Ministry courts traders to invest in Balaka

Ministry courts traders to invest in Balaka

The Ministry of Local Government and Rural Development has courted investors to invest in Balaka by exploiting opportunities in mining,…
New microfinance institution raises hope for cooperatives

New microfinance institution raises hope for cooperatives

Economics Association of Malawi (Ecama) says the move by the Community Savings and Investment Promotion (Comsip) to launch its microfinance…
World bank tips Malawi on growth

World bank tips Malawi on growth

Despite decades of development efforts and significant foreign aid, Malawi’s weak and volatile economic growth performance has persisted mainly due…
Nocma commissions third oil reserve

Nocma commissions third oil reserve

The National Oil Company of Malawi (Nocma) Limited on Friday commissioned its third strategic fuel reserves with a capacity of…
Tobbacco demand likely to dwindle—TCC

Tobbacco demand likely to dwindle—TCC

The Tobacco Control Commission (TCC) says there is a high possibility of tobacco demand dwindling due to dictates on the…
Public Sector Reforms on course—OPC

Public Sector Reforms on course—OPC

The Public Sector Reforms Management Unit in the Office of the President and Cabinet (OPC) has expressed satisfaction with reform…
Malawi to export poultry to Mozambique

Malawi to export poultry to Mozambique

Malawian farmers have a chance to start exporting eggs and chickens to Mozambique following a joint agreement the two countries…
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