Business
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Firm pledges geothermal energy technical support
September 4, 2019
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%
September 4, 2019
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…
Committee against fiscal wastage, corruption
September 4, 2019
Committee against fiscal wastage, corruption
Budget and Finance Committee of Parliament has asked Treasury to ensure that the 2019/20 National Budget is people-centred with no…
Election challenges dampen PCL profit
September 3, 2019
Election challenges dampen PCL profit
Dual-listed conglomerate Press Corporation plc has posted a 52 percent drop in first half profit after-tax to K11.1 billion from…
Demand pushes up maize prices
September 3, 2019
Demand pushes up maize prices
Famine Early Warning Systems Network (FewsNet) has projected that maize prices will continue to rise above average due to demand…
Grand Business Park creates jobs for youths
September 3, 2019
Grand Business Park creates jobs for youths
The Grand Business Park, which is under construction in Lilongwe, has created job opportunities for the youth, including graduates from…
TC advises growers to apply for quota uplifts
September 2, 2019
TC advises growers to apply for quota uplifts
Tobacco Commission (TC) has advised growers who produced beyond their allocated quota to apply for quota uplifts, but warned they…
‘Weather shocks threaten growth’
September 2, 2019
‘Weather shocks threaten growth’
The African Development Bank (AfDB) says persistent adverse weather shocks in the country could lead to hyperinflation, escalating debt ratios…
RBM Governor tells banks to finance projects
September 2, 2019
RBM Governor tells banks to finance projects
Reserve Bank of Malawi (RBM) Governor Dalitso Kabambe has called on commercial banks to start financing development projects or innovations…
Access to credit hampering maize trade—Study
August 31, 2019
Access to credit hampering maize trade—Study
An analysis of the 2018/19 maize market has found that limited access to credit is a critical barrier to the…