Business
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Financial risks mixed in 2020
The local economy saw mixed financial vulnerabilities and risks in the second half of 2020, which resulted in some sectors…
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Government warns idle power producers
By Wezzie Gausi: The government has given seven Independent Power Producers (IPPs) this month-end as deadline to start generating power…
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Sycamore drills non-finance managers
Consultancy and training firm, Sycamore Consult Limited, on Tuesday drilled non finance managers from companies on complex financial compliments. Among…
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Reference rate set below policy rate
The cost of borrowing is expected to continue easing as reference rate-a benchmark for other rates-has been lowered further to…
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Illovo projects 60% profit rise
Malawi Stock Exchange (MSE)- listed sugar making firm, Illovo Sugar Malawi plc, has said it expects profit for the half…
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TNM invests K100 billion in network upgrade
TNM plc, a local integrated ICT and mobile phone services provider, has over the past five years invested in excess…
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Malawi eyes to double energy capacity in 5 years
The Ministry of Energy has outlined an ambitious energy interventions programme, which includes increasing power generating capacity with 498.3 megawatts…
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Lawmakers hail Malawi Revenue Authority performance
The country’s lawmakers on Monday hailed the Malawi Revenue Authority (MRA) for achieving 96 percent revenue collection in the first…
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IOM injects $25,000 in irrigation scheme
The International Organisation for Migrants (IOM) has injected $25,000 (about K20 million) in the rehabilitation of Ngolowindo Irrigation Scheme in…
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UN tips Malawi on tech development
The United Nations (UN) Technology Bank has urged the Malawi Government to engage the financial sector to provide funding for…
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