Business

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New firm takes over Nyala ruby mines

New firm takes over Nyala ruby mines

Almost two months after government granted Chimwadzulu Corundum Mining licence to Mwalawanga Mining Limited, the two parties have not yet…
Ecama query govt on Admarc debt

Ecama query govt on Admarc debt

The Economics Association of Malawi (Ecama) has expressed worry over how State produce trader Agricultural Development and Marketing Corporation (Admarc)…
MBS pens Castel on foreign objects

MBS pens Castel on foreign objects

The Malawi Bureau of Standards (MBS) says it has recorded numerous complaints from consumers of Castel Group beverages, particularly on…
Tobacco stakeholder discuss diversification

Tobacco stakeholder discuss diversification

Tobacco stakeholders have given their views regarding diversifying from the crop at a time the country’s main foreign exchange earner…
January inflation soars to 8.1%

January inflation soars to 8.1%

  Malawi’s year-on-year inflation rate for January 2018 soared by one percentage point to 8.1 percent from the previous month’s…
Economic growth prospects mystery

Economic growth prospects mystery

  Fiscal authorities have projected the economy will grow by an average of six to seven percent in the medium-term,…
Insurance should innovate to grow

Insurance should innovate to grow

  Not long ago, Reserve Bank of Malawi (RBM) Governor Dalitso Kabambe, in his capacity as registrar of financial services,…
Insurance externalisation costs economy K26 billion

Insurance externalisation costs economy K26 billion

  Malawi has lost K26 billion (about $36 million) in insurance premiums between 2014 and 2017 due to insurance externalisation,…
Domestic revenue target unrealistic—Experts

Domestic revenue target unrealistic—Experts

  There is some doubt from economic commentators that Treasury will meet its domestic revenue target of K980 billion in…
Report unveils Illovo Malawi economic impact

Report unveils Illovo Malawi economic impact

  Illovo Sugar (Malawi) plc contribution to the economy in the 2016/17 financial year was recorded at K117 billion, which…
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