Business

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Egenco needs K3.2tn for energy projects

Egenco needs K3.2tn for energy projects

Electricity Generation Company (Malawi) Limited (Egenco) has set ambitious targets in its 15-year strategic plan, which will require $4.3 billion…
Mbeya, Dar es Salaam ports to cut costs by 30%

Mbeya, Dar es Salaam ports to cut costs by 30%

Local hauliers using Mbeya and Dar es Salaam ports in Tanzania are expected to enjoy between 25 and 30 percent…
Traders cash in on Admarc delay

Traders cash in on Admarc delay

Unscrupulous traders continue to cash in on maize trade following the delay by State produce trader Admarc to start buying…
Financial sector should exceed customer expectations

Financial sector should exceed customer expectations

No business can do without customers. In business, customer satisfaction is at the core of business success; hence, many businesses…
Treasury justifies borrowing from banks, non-banks

Treasury justifies borrowing from banks, non-banks

Minister of Finance, Economic Planning and Development Joseph Mwanamvekha has justified the recent move to reduce heavy borrowing from the…
Poor service chokes Financial sector

Poor service chokes Financial sector

Customers are being subjected to poor services, particularly in the financial sector and a trend analysis based on Reserve Bank…
Malawi not benefitting from global cotton body—Aicc

Malawi not benefitting from global cotton body—Aicc

Malawi is said to be missing out on cotton production and productivity opportunities by not joining the International Cotton Advisory…
Malawi resistant to cashless economy—Chuka

Malawi resistant to cashless economy—Chuka

Former Reserve Bank of Malawi (RBM) governor Charles Chuka has attributed the country’s inability to move towards a cashless society…
Mobile money agents neglecting rural areas—report

Mobile money agents neglecting rural areas—report

Consumers have expressed worry over low penetration of mobile money agents in the rural areas, a development they argue defeats…
Tc moves to curb Tobacco oversupply

Tc moves to curb Tobacco oversupply

Tobacco Commission (TC) says it wants to tame overproduction of the leaf which has for a long time saturated the…
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