Business

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Escom chucked off global financial ratings

Escom chucked off global financial ratings

Electricity Supply Corporation of Malawi (Escom) has been removed from credit rating list because it cannot continue paying after World…
What inflation rate really means

What inflation rate really means

  Inflation is one of the most economic terms widely used in the media, public discussions and political speeches. Politicians,…
Microfinance sector remains strong—RBM

Microfinance sector remains strong—RBM

  The country’s microfinance sector continues to remain strong in terms of profit, capital and liquidity despite being hit by…
Project to boost ethanol output

Project to boost ethanol output

  Two ethanol-producing firms are optimistic of dealing with constraints caused by the scarcity of molasses through the $100 million…
Council loses K600 000 revenue in four months

Council loses K600 000 revenue in four months

  Chiradzulu District Council has lost revenue about K600 000 in four months due to poor management, records show. One…
Project pushes up legumes output

Project pushes up legumes output

  A project dubbed Legumes Enterprise and Structured Production (Lesp) has pushed up legumes output by 18 percent to about…
Customary Land Act key for economic development—PS

Customary Land Act key for economic development—PS

  Ministry of Lands, Housing and Urban Development Principal Secretary Charles Msosa says development of the Customary Land Act is…
MSE to list first corporate bond on stock market

MSE to list first corporate bond on stock market

Malawi Stock Exchange (MSE) says talks are at an advanced stage with a privately owned company to list a corporate…
Escom in system upgrade, to enhance efficiency

Escom in system upgrade, to enhance efficiency

  Electricity Supply Corporation of Malawi (Escom) has migrated to a new management information system (MIS) to enhance efficiency by…
RBM sets k440bn target for EDF

RBM sets k440bn target for EDF

  The Reserve Bank of Malawi (RBM) has set ambitious targets for its departments, among them, tasking the Export Development…
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