Olemela In Malawi

Richest People in Malawi

A list of the richest people in Malawi including business men and business women, church leaders & some billionaires you might not know.

TNM seals deal with NYCOM

By Wezzie Gausi: Malawi Stock Exchange-listed mobile phone service provider, Telekom Networks Malawi (TNM), on Thursday signed a Memorandum of Understanding (MoU) with National Youth Council of Malawi (NYCOM) which […]

Uber slides over SoftBank reports

Uber slides over SoftBank reports

SOLD SHARES—SoftBank Uber shares have fallen after reports technology investment firm SoftBank is selling around a third of its stake in the US ride-hailing app. According to one report, SoftBank […]

Tobacco Commission upbeat on leaf market prospects

Tobacco Commission upbeat on leaf market prospects

Tobacco industry regulator, the Tobacco Commission (TC), remains optimistic that volume of the leaf brought to the market this season would tally its earlier 120 million kilogrammes (kg) estimate. This […]

Government holds on to its shares in FDH

FDH Bank posts K4.5 billion profit

FDH Bank Charity Mseka Malawi Stock Exchange-listed FDH Bank posted a post-tax profit of K4.5 billion in the half year ended June 30 2021, up from K3.2 billion posted during […]

IMF board approves $101.96 million for Malawi

First half rates’ benchmark averages 12 percent

Cosmas Chingwe Reference rate—a benchmark for other rates— averaged 12.0 percent in the first half of 2021, a rate market analysts say is ideal to spar economic activities. However, other […]

Sadc indaba raises hopes - The Times Group Malawi

Sadc indaba raises hopes – The Times Group Malawi

Betchani Tchereni Expectations are high that the country’s hosting of the Southern African Development Community (Sadc) meeting could boost forex inflow. Malawi will host the 41st Sadc summit from August […]

PPDA slaps businesses - The Times Group Malawi

PPDA slaps businesses – The Times Group Malawi

Gift Trapence The Public Procurement and Disposal of Assets Authority (PPDA) has suspended three firms from tendering for government businesses over misconduct on procurement and provision of Covid-related products and […]

Secon quarter interbank borrowing up

Secon quarter interbank borrowing up

Lyness Nkungula Interbank borrowing surged slightly to an average of 11.87 percent in the second quarter of 2021 as level of excess liquidity reserves eased, a situation financial market analysts […]

Economy to lose K5 trillion to Covid-19

Industry counts on jabs’ uptake

Hospitality industry The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) and the Malawi Tourism Council have described the resumption of vaccination in the country as a right path […]