Business

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Thyolo Teachers Sacco surplus up 200% to K51m

Thyolo Teachers Sacco surplus up 200% to K51m

  Thyolo Teachers Savings and Credit Cooperative (Sacco) more than quadrupled its surplus to K50.9 million in the year ended…
Divest in Sunbird, minority shareholders tell government

Divest in Sunbird, minority shareholders tell government

    Treasury’s delay to divest or reduce its shareholding in Sunbird Tourism plc took centre stage at the listed…
Private sector involvement in regional integration key—ECA

Private sector involvement in regional integration key—ECA

The Economic Commission for Africa (ECA) Southern Africa regional director Said Adejumobi says there is need for southern African countries…
EIU forecasts lower deficit by 2022

EIU forecasts lower deficit by 2022

Malawi’s budget deficit is expected to reduce to 2.6 percent by the 2021/22 financial year, United Kingdom-based Economist Intelligence Unit…
Contributory pension to double in five years—Treasury

Contributory pension to double in five years—Treasury

Ministry of Finance, Economic Planning and Development says it wants to increase coverage of contributory pension from eight percent to…
Investing in inequalities and poverty

Investing in inequalities and poverty

  To fail is a plan. If you don’t plan anything you are likely to fail. One can say you…
Escom busts illegal power connections in Lilongwe

Escom busts illegal power connections in Lilongwe

  Electricity Supply Corporation of Malawi (Escom) has embarked on a campaign to bust illegal connections, which are costing the…
Fiscal adjustments costly—analyst

Fiscal adjustments costly—analyst

Treasury’s failure to meet targets for domestic revenues and grants has the potential to affect provision of social services, Ecama…
Wholesale dominates share of credit at 28%—RBM

Wholesale dominates share of credit at 28%—RBM

    Economists have asked authorities not to be carried away by the notable dominance of the wholesale and retail…
Investment forum shouldn’t be a talking shop

Investment forum shouldn’t be a talking shop

Talking shop (noun): A place or group regarded as a centre of unproductive talk rather than action. Talking shop, according…
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