Business

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Firm to set up textile plant

Firm to set up textile plant

The Malawi Cotton Company Limited (MCCL), a Balaka-based Chinese-owned cotton ginner, has unveiled plans to open a multi-million kwacha textile…
Making a living through hairdressing

Making a living through hairdressing

Life has changed a lot since 33-year-old Tikambenji Kadondwe started her business in 2010. Back then, she plaited hair from…
Flexible credit terms to boost SMEs

Flexible credit terms to boost SMEs

The newly-enacted Personal Property Security law will enhance the rights and obligations of both lending institutions and borrowers, the Bankers…
Cotton price jumps 195% above minimum

Cotton price jumps 195% above minimum

Cotton farmers continue to smile all the way to the bank as the buying price for the commodity in all…
Safintra donates iron sheets to NPL’s project

Safintra donates iron sheets to NPL’s project

Safintra Malawi yesterday presented iron sheets worth K1.5 million to Nation Publications Limited’s (NPL) Fathers’ Day Project.   Every year,…
What is an ideal profit?

What is an ideal profit?

Traditionally, during the first quarter of the year (January to March), business news sections of newspapers in the country are…
Kwacha gain hangs in balance

Kwacha gain hangs in balance

The Malawi kwacha, basking in the glory of appreciation beginning April, is bound to depreciate unless the economy realises additional…
Mzuzu-Nkhata Bay road to be rehabilitated

Mzuzu-Nkhata Bay road to be rehabilitated

Parliament on Wednesday passed a bill authorising Malawi government to borrow money from the African Development Fund to finance the…
Comesa calls for production of quality goods

Comesa calls for production of quality goods

The Common Market for Eastern and Southern Africa (Comesa) has asked Malawian producers to ensure they produce quality products to…
Adopt automated credit scoring—RBM

Adopt automated credit scoring—RBM

The Reserve Bank of Malawi (RBM) has urged commercial banks to adopt automated credit scoring models considered to be more…
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