Business

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Transporters want spare parts waiver

Transporters want spare parts waiver

Local transporters have asked Malawi Government through the Ministry of Transport to consider a waiver on spare parts and equipment…
MRA intercepts two Fortuners

MRA intercepts two Fortuners

The Malawi Revenue Authority (MRA) has intercepted two Toyota Fortuners whose owners tried to evade paying duty in Dedza. In…
Malawi sugar price up 15%

Malawi sugar price up 15%

Consumers will have to dig deeper into their pockets to buy sugar following a 15 percent price hike by Illovo…
No relief for Malawians as fuel goes up 2.2%

No relief for Malawians as fuel goes up 2.2%

There seems to be no respite for consumers regarding the rise in commodity prices following an average 2.2 percent jump…
Malawi loses 140 000 tonnes of maize

Malawi loses 140 000 tonnes of maize

Malawi has lost 140 000 metric tonnes of maize between January and to date through informal exports, the Grain Traders…
Standard Bank profit up 125%

Standard Bank profit up 125%

Standard Bank has reported a 125 percent profit jump to K7.9 billion from the previous year’s K3.5 billion, beating by…
Malawi to focus on regional trade

Malawi to focus on regional trade

Minister of Industry and Trade Sosten Gwengwe has said intra-regional trade makes more economic sense to Malawi and has since…
Saudi Fund approves $15m for Phalombe Hospital

Saudi Fund approves $15m for Phalombe Hospital

The Saudi Fund for Development approved a loan amounting to $15 million (K5.5 billion) to supplement the money for the…
Report blames Malawi Govt on fertiliser costs

Report blames Malawi Govt on fertiliser costs

The World Bank has blamed high fertiliser costs on governments’ involvement and the commodity’s supply system which has hidden costs.…
Malawi’s textile manufacturer invests $35m

Malawi’s textile manufacturer invests $35m

Textile manufacturer Mapeto DWSM has invested $35 million (K13.7 billion, at the current exchange rate) in the company which includes…
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