Business

Escom lauded for power supply

Escom lauded for power supply

The Consumers Association of Malawi (Cama) and the Economics Association of Malawi (Ecama) on Monday hailed the improvement in power…
MCC upbeat to transform power sector

MCC upbeat to transform power sector

The Millennium Challenge Corporation (MCC) said on Friday it is pleased with progress that Malawi has registered so far in…
Malawi progress on integration attracts Comesa funding

Malawi progress on integration attracts Comesa funding

Malawi has made progress in the implementation of the regional integration programmes under the 19-member Comesa bloc and will, alongside…
ETC Agro Tractors unveils new vehicles

ETC Agro Tractors unveils new vehicles

ETC Agro Tractors, sloe authorized dealers of Auto major Mahindra Rise on Friday unveiled Mahindra next generation of commercial and sporty vehicles…
Airtel Africa CEO visits Malawi

Airtel Africa CEO visits Malawi

Airtel chief executive officer for Africa Christian De Faria on Friday visited Malawi and reinforced commitment to working with the Malawi Government’s…
Malawian Airlines to explore other regional routes

Malawian Airlines to explore other regional routes

Malawian Airlines Limited has said it will go flat out to explore a number of regional routes to ease transportation…
Malawi Stock Exchange closes flat

Malawi Stock Exchange closes flat

TNM plc led the activity on the Malawi Stock Exchange (MSE) last week with 3.1 million shares changing hands, but…
Malawi inter-bank lending rates slupm 14%

Malawi inter-bank lending rates slupm 14%

Inter-bank lending rates—the rate at which banks lend to each other—fell to 14 percent by Thursday last week, indicating a…
Malawi 2014 exports to hit $1.5bn

Malawi 2014 exports to hit $1.5bn

Malawi’s total exports to the rest of the world—with tobacco and uranium as prominent merchandise—are expected to rise by about…
SMEs group calls for broader participation

SMEs group calls for broader participation

The Small and Medium Enterprises Association (Smea), a grouping of small business operators, has called for small businesses to brain…
Sioma to create agri-business opportunities

Sioma to create agri-business opportunities

Alliance for Green Revolution in Africa (Agra) has launched a project called Strengthening Agriculture Inputs and Outputs Markets in Africa…
Kansenza and his unique sofa sets

Kansenza and his unique sofa sets

Among the few youthful Malawians who have put their educational skills to profitable use, is Davis Kansenza from Kasale Village,…
Economic climate forces Standard Bank to cut rates

Economic climate forces Standard Bank to cut rates

Standard Bank (Malawi) Limited on Thursday followed the path taken by National Bank of Malawi (NBM) to reduce its interest…
Fitch rates Malawi as highly speculative

Fitch rates Malawi as highly speculative

Credit rating agency Fitch has rated Malawi as B minus—non investment highly speculative grade—in both long-term local and foreign currency,…
Mr Price winding up operations in Malawi

Mr Price winding up operations in Malawi

It came into Malawi amid pomp and fanfare four or so years ago, but that will soon be history for…
Kayekekera closure to hamper growth

Kayekekera closure to hamper growth

Malawi’s growth prospects for the year 2014 will likely be revised downwards following the suspension of production at Malawi’s biggest…
CfSC blasts govt over high fuel prices

CfSC blasts govt over high fuel prices

The Lilongwe-based Centre for Social Concern (CfSC) has said it is alarmed by the rate at which fuel prices are…
NBM cuts lending rates to 36%

NBM cuts lending rates to 36%

Relief. National Bank of Malawi (NBM), the Malawi Stock Exchange (MSE)-listed biggest bank in terms of assets, has cut its…
BWB in K40m phase two of prepaid meters project

BWB in K40m phase two of prepaid meters project

Blantyre Water Board (BWB) has embarked on a K40 million ($100 000) second phase of installation of pre-paid billing meters…
Malawi to decentralise paying system

Malawi to decentralise paying system

Teachers in the country will soon afford a smile after being assured of early payment of their monthly salaries as…
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