Business

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Malawi failing to meet chillies global demand

Malawi failing to meet chillies global demand

  Despite having a ready export market, Malawi is failing to meet global demand for chillies due to low production,…
Comsip members desperate for markets

Comsip members desperate for markets

and Investment Promotion (Comsip) groups from Binali Village in Salima have pleaded with authorities to link them to better markets…
IMF upbeat on outlook

IMF upbeat on outlook

  The International Monetary Fund (IMF) says Malawi’s 2019 macroeconomic outlook remains positive with growth expected to rebound to four…
JCM Power sees reduced electricity tariffs

JCM Power sees reduced electricity tariffs

  JCM Power says it expects electricity tariffs to go down once it starts supplying 60 megawatts (MW) into the…
Bank says growth positive but weak

Bank says growth positive but weak

  Despite making strides economically, the World Bank says Malawi’s current growth is positive but weak compared to the rest…
Firms partner on solar energy

Firms partner on solar energy

  Maeve Project has partnered Nyumba Builders in a bid to promote affordable and sustainable solar power systems for low…
Beehive invests in solar, eyes commercialisation

Beehive invests in solar, eyes commercialisation

  Beehive Centre for Social Enterprise on Thursday commissioned a 100 kilowatts (kw) solar panel project, an addition to the…
Pact to mitigate risks on energy investments

Pact to mitigate risks on energy investments

  Investment into the energy sector by the Independent Power Producers (IPPs) is set to increase following a memorandum of…
Domestic Tourism Strategy proposal steers debate

Domestic Tourism Strategy proposal steers debate

  There are mixed reactions to a proposal in the Domestic Tourism Strategy to have Malawians pay lower rates in…
Private sector domestic credit surge

Private sector domestic credit surge

For eight months running, credit extended to the private sector continued to register positive growth with recent figures from the…
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