Business

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TC downplays retrospective new law application

TC downplays retrospective new law application

The Tobacco Commission (TC) says it is not applying the new Tobacco Industry Act retrospectively, parrying aside accusations levelled against…
Unemployment tops doing business risks

Unemployment tops doing business risks

Unemployment and underemployment risk is Malawi’s most pressing concern for businesses in the short-term, in light of the demographic and…
Coal power plant critical for electricity tariffs—Mera

Coal power plant critical for electricity tariffs—Mera

Malawi Energy Regulatory Authority (Mera) has advised Electricity Generation Company Malawi Limited (Egenco) to speed up the building Kamwamba Coal…
Malawi shifts export focus

Malawi shifts export focus

Ministry of Industry Trade and Tourism says it has shifted focus to promote exports of non-traditional products to diversify the…
TNM plc H1 profit down 3%

TNM plc H1 profit down 3%

TNM plc first-half profit dropped by three percent to K6.7 billion from K6.9 billion during the same period last year,…
Savings rate remains unchanged at 4.58%

Savings rate remains unchanged at 4.58%

The reduction in policy rate in May this year by 100 basis points to 13.5 percent is yet to impact…
Why borrowing should be tamed

Why borrowing should be tamed

It is the same old story. That was my reaction to sentiments expressed by World Bank Malawi country manager Greg…
Global economic outlook threatens stability—RBM

Global economic outlook threatens stability—RBM

The Reserve Bank of Malawi (RBM) says risks to global economic outlook could threaten the country’s financial stability in the…
Firm pledges geothermal energy technical support

Firm pledges geothermal energy technical support

Toshiba, a Japanese multinational conglomerate, has pledged to support geothermal energy development in Malawi by offering a scholarship to one…
RBM sees mining growth at 5.8%

RBM sees mining growth at 5.8%

Mining and quarrying sectors are projected to grow by 5.8 percent in 2020 up from the current 3.6 percent projection…
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