Comesa, EU pen €10m private sector facility

By Taonga Sabola: Private sector players in Common Market for Eastern and Southern Africa (Comesa) member states stand to benefit from a €10 million kitty provided by the European Union […]

Banks predict doom over interest capping

By Chimwemwe Mangazi: The Bankers Association of Malawi (Bam), an umbrella body for local commercial banks, has warned that the economy would crumble if commercial banks are forced by law […]

The cryptocurrency firm that lost $135m

COTTON—Quadriga CX founder When the 30-year-old founder of a Canadian cryptocurrency exchange died suddenly, he took the whereabouts of some C$180m ($135 million) in cryptocurrency to his grave. Now, tens […]

Insurance penetration up to 2.01% in 2018

By Taonga Sabola: Malawi’s insurance penetration inched up by 0.61 percentage points from 1.4 percent to 2.01 percent in 2018, the Reserve Bank of Malawi (RBM) has said. Speaking recently, […]

Businesses gang up to fight malnutrition

By Taonga Sabola: BWEMBA—We must work together The country’s private sector players have ganged up to form a grouping called the Scaling up nutrition Business Network (SBN) which will spearhead […]

MRA impounds smuggled sugar | The Times Group

By Florence Magowa: SEIZED—The sugar bales The Malawi Revenue Authority (MRA) has intercepted 487 bales of sugar that were being smuggled into the country through Mwanza Border. The bales, belonging […]

Digital financial transactions hit 32%

By Taonga Sabola: Digital financial transactions soared by 19.6 percentage points between January 2018 and November 2018, Reserve Bank of Malawi (RBM) Governor, Dalitso Kabambe, has said. The development means […]

Firm to add 21mw to national power grid

By William Kumwembe: Electricity Supply Corporation of Malawi (Escom) Thursday signed a Power Purchase Agreement (PPA) with Phanes Energy Limited that could add 21 megawatts (mw) to the national power […]

Luanar intensifies bio-tech research | The Times Group

By Patricia Ngwale, Contributor: Lilongwe University of Agriculture and Natural Resources (Luanar) has installed new state-of-the-art equipment at its Biotechnology laboratory in a bid to intensify efforts towards bio-technology research […]

Icrisat releases new sorghum varieties

By Taonga Sabola: The International Crop Research Institute for the Semi-Arid Tropics (Icrisat) has released three improved sorghum varieties. The varieties are Pilira Three, Pilira Four and Pilira Five. Icrisat […]