Business

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Property shares stagnated in H1

Property shares stagnated in H1

Shares of property companies stagnated on Malawi Stock Exchange (MSE) in the first half, a development market analysts say points…
Miner upbeat after Kasiya Rutile Mine project study

Miner upbeat after Kasiya Rutile Mine project study

Svereign Metals Limited has completed its geotechnical study at its Kasiya Rutile Project in Lilongwe with preliminary findings confirming favourable…
Tobacco sales hit K760bn

Tobacco sales hit K760bn

Tobacco earnings have hit $435 million (K762.3 billion) from 170 million kilogrammes (kg) which is 98 percent of the projected…
Banks in excess liquidity, as forex pressure builds

Banks in excess liquidity, as forex pressure builds

Despite a notable surge in banking system liquidity, signs of fragility continue to haunt Malawi’s financial markets amid persistent exchange…
Govt receives K6bn drought insurance payout

Govt receives K6bn drought insurance payout

African Risc Capacity has made a $3.3 million (K6 billion) insurance payout to Malawi Government in respect to the 2024/25…
Limestone miner set to create 200 jobs

Limestone miner set to create 200 jobs

African Minerals and Steel Limited, a subsidiary of Rukuru Holdings Limited, has been awarded a 15-year medium-scale mining licence for…
New Puma Malawi MD outlines vision for local market

New Puma Malawi MD outlines vision for local market

Newly hired Puma Energy Malawi managing director Steveria Kadangwe says her mission is to maintain the fuel retailer as a…
Agro exporters get timely relief

Agro exporters get timely relief

Malawian agro exporters will now have reduced downtime and costs for their exports following Malawi Bureau of Standards’ (MBS) extension…
PCL penetrates African market

PCL penetrates African market

Press Corporation plc says it has successfully acquired a 10 percent equity stake in Liberia Merchant Capital Limited, a financial…
NBS Bank, Opportunity International partner to boost access to finance

NBS Bank, Opportunity International partner to boost access to finance

Malawi Stock Exchange-listed NBS Bank plc has signed a partnership agreement with Opportunity International to de-risk and capacitate smallholder farmers…
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