‘Troubled’ Kwacha - The Times Group Malawi

‘Troubled’ Kwacha – The Times Group Malawi

Ben Kalua The local unit— the Kwacha— continued losing value against major trading currencies on the foreign exchange market, depreciating by about 5.7 percent against the United States (US) Dollar […]

Leveraging on regional competitive edge, trade

Leveraging on regional competitive edge, trade

REAFFIRMED COMMITMENT—Komatsubara In recent years, debate has ensued over how debt and aid have proven to be unsustainable for Africa’s developing nations—most of whom were still ranked among the world’s […]

Chingeni tollgate remains on hold

Chingeni tollgate remains on hold

Roads Fund Administration (RFA) has said it would open the Chingeni Toll Plaza once consultations on operations of the facility, including fees structures, are concluded. The toll gate was supposed […]

Uneca pledges to engage IMF on SDR

Uneca pledges to engage IMF on SDR

The United Nations Economic Commission for Africa (Uneca) has pledged to work in collaboration with the Ministry of Finance towards securing the International Monetary Fund (IMF)’s Special Drawing Rights (SDR). […]

Admarc set to buy 300,000mt of maize

Rising prices push up headline inflation

The headline inflation could not withstand mounting pressure from rising food and non-food prices as it surged by 0.5 percentage points in September 2021 to 8.9 percent. The September 2021 […]

Lotus acquires Livingstonia mine – The Times Group Malawi

Kossam Munthali Australia-based exploration company, Lotus Resources Limited, which recently acquired Kayelekera Uranium Mine, has bought stakes in Livingstonia Uranium Project from a local entity at $25,000 [about K20 million]. […]