Business

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Escom explores alternative power supply sources

Escom explores alternative power supply sources

As the country continues to reel from the persistent power shortages, Electricity Supply Corporation of Malawi (Escom) has announced it…
Zoona CEO awarded for social development

Zoona CEO awarded for social development

Zoona group chief executive officer Mike Quinn has been named as one of Schwab Foundation’s Social Entrepreneurs of the Year…
Roads Fund plans to roll out toll gates

Roads Fund plans to roll out toll gates

The Roads Fund Administration (RFA) says it plans to rollout toll gates on the country’s roads in the 2019/20 financial…
Financial inclusion powered by mobile money

Financial inclusion powered by mobile money

  Financial inclusion has become a popular catchword in recent years. From central banks and financial institutions-the conventional commercial banks,…
Banks dared on energy solutions

Banks dared on energy solutions

  At a time power blackouts are crippling industrial production, Minister of Natural Resources, Energy and Mining Aggrey Masi has…
Malawi Mangoes enters India market

Malawi Mangoes enters India market

  Malawi Mangoes, a Salima-based commercial fruit farming and processing enterprise, has started exporting its mangoes to India. The firm…
Local banks advised to leverage digital banking

Local banks advised to leverage digital banking

  The Netherlands-based banking expert Bjorn Schrijver has advised commercial banks in a partnership with Rabobank to leverage digital financial…
Firm invests K50bn, set to list on MSE

Firm invests K50bn, set to list on MSE

  Newly-formed property development and management firm, Icon Properties Limited, says it has invested over K50 billion and plans to…
Small-scale firms feel pinch of electricity hike

Small-scale firms feel pinch of electricity hike

  Small-scale businesses are bearing the brunt of a 20 percent electricity tariff hike effected by Electricity Supply Corporation of…
Reduced bad loans offer hope to firms

Reduced bad loans offer hope to firms

  The National Working Group on Trade Policy says it is banking on reduced levels of non-performing loans (NPLs) or…
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