Business

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Illovo Malawi upbeat on good tidings

Illovo Malawi upbeat on good tidings

Illovo Sugar (Malawi) Limited expects a sugar cane harvest of similar size as that of the previous year, given a…
Malawi financial illiteracy at 55%

Malawi financial illiteracy at 55%

The Reserve Bank of Malawi (RBM) has expressed disappointment over the lack of awareness and education in financial matters, which…
Malawi rice miller opens December

Malawi rice miller opens December

The Ntalimanja Rice Milling Factory to be built at Mpamatha in Nkhotakota is set to be operational in December, managing…
Running cellphone clinic with passion

Running cellphone clinic with passion

The two young men operate in one room and have done this since 2006. They are inseparable and following up…
New FUM boss for mechanised agriculture

New FUM boss for mechanised agriculture

New Farmers Union of Malawi (FUM) president Alfred Kapichira Banda says farmers will remain poor if they continue to use…
Soaring inflation rates burden Sadc, Malawi’s inflation highest

Soaring inflation rates burden Sadc, Malawi’s inflation highest

High inflation rate has been singled out as one economic challenge crippling the Southern Africa Development Community (Sadc) macroeconomic programme,…
Standard Bank H1 profit up 33%, cuts interest rate

Standard Bank H1 profit up 33%, cuts interest rate

The Malawi Stock Exchange (MSE)-listed Standard Bank has posted a K5.6 billion (about $14m) after-tax-profit in the half year ended…
Sadc countries to face hunger

Sadc countries to face hunger

Fourteen million people in Sadc countries are expected to face hunger this year. According to director of Food Agriculture Natural…
‘Banks to exercise prudence’

‘Banks to exercise prudence’

Reserve Bank of Malawi (RBM) Governor Charles Chuka has advised commercial banks to exercise prudence and risk-based management to ensure…
Nyala rubies, Malawi’s economy: Is there a way out?

Nyala rubies, Malawi’s economy: Is there a way out?

Who would believe Chimwadzulu has anything special and so precious? Its road is bumpy, dusty, and its villages have nothing…
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