Business

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Two firms to add 86mw by Dec 2019

Two firms to add 86mw by Dec 2019

  Electricity Supply Corporation of Malawi (Escom) yesterday signed three Power Purchase Agreements (PPAs) with two Independent Power Producers (IPPs)…
CFTC accuses fuel attendants of duping motorists

CFTC accuses fuel attendants of duping motorists

  The Competition and Fair Trading Commission (CFTC) has warned motorists of the behaviour of some unscrupulous service station attendants…
How others see Malawi’s tourism potential

How others see Malawi’s tourism potential

  Malawi is currently observing the National Tourism Month to raise awareness on the tourism sector, its potential and contribution…
‘Agro-industrialisation could

‘Agro-industrialisation could

  Malawi’s economy could transform if agro-industrialisation is taken as a natural stage for structural transformation, Africa Institute of Corporate…
Miner completes drill programme

Miner completes drill programme

    Dual-listed Mkango Resources Limited, a mining firm exploring rare earths at Songwe Hills in Phalombe, says it has…
Karonga coal mine targets local industries

Karonga coal mine targets local industries

  Kasikizi Coal Mine in Karonga, which was launched last month, has started production by targeting local industries. The mine’s…
Egenco powers Likoma, Chizumulu at a loss

Egenco powers Likoma, Chizumulu at a loss

  The Electricity Generation Company (Egenco) has said it is spending about K80 million every month to generate power on…
Beans consumption still low, says ministry

Beans consumption still low, says ministry

  The Ministry of Agriculture, Irrigation and Water Development has decried beans per capita consumption currently at six kilogrammes (kg)…
Sunbird Tourism invests K200m in value addition

Sunbird Tourism invests K200m in value addition

  Malawi Stock Exchange (MSE)-listed hotel chain Sunbird Tourism plc has taken tourism to another level with the launch of…
RBM plays down depreciation fears

RBM plays down depreciation fears

  The Reserve Bank of Malawi (RBM) has downplayed fears of a possible depreciation of the kwacha in the face…
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