Business

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Malawi tea penetrates US, Canada markets

Malawi tea penetrates US, Canada markets

Malawi tea is now being recognised in Canada and United States of America (USA), thanks to good agricultural practices that…
Vale set to meet coal transportation target

Vale set to meet coal transportation target

  Brazilian firm Vale Logistics says over nine million tonnes of coal has been ferried through the Nacala Corridor, representing…
Can malawi narrow the trade deficit?

Can malawi narrow the trade deficit?

  Malawi Government plans to narrow the trade deficit in the next five years, according to the Malawi Growth and…
Escom spells doom, loses another 13MW

Escom spells doom, loses another 13MW

  Electricity Supply Corporation of Malawi (Escom) says it expects the power generation capacity to reduce further to below the…
RBM launches micro finance institutions hub

RBM launches micro finance institutions hub

  The Reserve Bank of Malawi (RBM) on Friday officially launched the Micro Finance Institutions (MFI) Hub Company Limited in…
New timber processing firm to create jobs

New timber processing firm to create jobs

  President Peter Mutharika says the $12 million (K9 billion) Export Processing Zone (EPZ) factory at Raiply Malawi Limited in…
Treasury releases K7.5bn to Admarc to buy maize

Treasury releases K7.5bn to Admarc to buy maize

  Treasury has released K7.5 billion to the Agricultural Development and Marketing Corporation (Admarc) to enable the State produce trader…
Average income to double in five years—report

Average income to double in five years—report

Malawi expects to double her per capita income—average income earned per person in a given area—in the next five years…
Insurance brokerages key in insurance penetration—RBM

Insurance brokerages key in insurance penetration—RBM

The Reserve Bank of Malawi (RBM) says insurance brockerage firms are key to increasing Malawi’s underinsured population as they sell…
Firm says policy rate maintained

Firm says policy rate maintained

  The Monetary Policy Rate is expected to be maintained at 18 percent in the short term as pressure on…
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