Business

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Investment bank to open September

Investment bank to open September

  Malawi is this September set to open the Malawi Investment Bank to promote local investment and maximise production of…
Tobacco loses its charm, earnings drop 23%

Tobacco loses its charm, earnings drop 23%

Revenue from tobacco—Malawi’s main foreign exchange earner—has slumped by 23 percent to $212 million (K155 billion) this year from last…
EDF to support locals in mining ventures

EDF to support locals in mining ventures

Export Development Fund (EDF), a development finance institution with a particular focus on exports, has said it wants local investors…
Capacity inadequacy affecting Malawi’s mining sector

Capacity inadequacy affecting Malawi’s mining sector

  Minister of Natural Resources, Energy and Mining Aggrey Masi says lack of capacity to deal with issues of mining…
Chamber explains poor AGOA performance

Chamber explains poor AGOA performance

  The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has said weak manufacturing base and continued overreliance on…
IITA warns of aflatoxin, offering free testing

IITA warns of aflatoxin, offering free testing

  The International Institute of Tropical Agriculture (IITA) has said integrated management of aflatoxin in the country will develop commercially…
Breaking deprivation puzzle

Breaking deprivation puzzle

Like all of us, a decent life is what we all want. Deprivation or poverty is not a good thing…
Changing lives through access to finance

Changing lives through access to finance

  Farmers in Nkhotakota can  testify that what founding President Hastings Kamuzu Banda used to say that ‘chuma chili mthaka’…
High interest rates affect tourism growth

High interest rates affect tourism growth

Despite the economy showing signs of recovery, the Malawi Tourism Council (MTC) says it could have loved if interest rates…
Egenco sees light at the end of tunnel

Egenco sees light at the end of tunnel

Electricity Generation Company (Egenco) Malawi Limited has forecast a brighter future for power sector in the medium to the long-term,…
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