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Parastatals post mixed fortunes

Parastatals post mixed fortunes

The financial performance of Malawi’s State-owned enterprises (SOEs) in the 2023/24 fiscal year has been mixed, with 12 of the…
Cost of living up 12.9% to K694 653

Cost of living up 12.9% to K694 653

The average cost of living for an average family of six in urban and peri-urban areas has increased by 12.9…
Bengol.Net protests PCL shareholding stance

Bengol.Net protests PCL shareholding stance

Bengol.Net Limited, a local telecommunications firm, has taken conglomerate Press Corporation plc to task over its shareholding stance in Malawi…
RBM gold purchases at K34BN

RBM gold purchases at K34BN

Reserve Bank of Malawi (RBM) has bought 293 kilogrammes (kg) of gold, which could be valued at $27 million (about…
Treasury to set up anti-forex unit

Treasury to set up anti-forex unit

Foreign exchange (forex) measures Minister of Finance and Economic Affairs Simplex Chithyola-Banda announced on Friday have come under scrutiny with…
Government to buy MTL

Government to buy MTL

Government says it will acquire Malawi Telecommunications Limited (MTL) to merge it with the Digital Broadcasting Network Limited as major…
Bank technical glitch delays some civil servants salaries

Bank technical glitch delays some civil servants salaries

A technical fault at NBS Bank plc has resulted in delayed salary payments for civil servants that bank with the…
CTS Courier expands with five new outlets

CTS Courier expands with five new outlets

CTS Courier Service has expanded its operations by opening five new branches to enhance customer service and accessibility. The newly…
 Can Malawi Capitalise on the Kasiya Graphite Boom?

 Can Malawi Capitalise on the Kasiya Graphite Boom?

As Sovereign Metals progresses with the Kasiya Graphite Project, concerns emerge over whether Malawians will benefit or if foreign entities…
Insurerance firms struggle escalate

Insurerance firms struggle escalate

Insurance firms are struggling to pay reinsurance premiums outside Malawi due to lack of foreign exchange, leaving insurers with great…
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