Category: Business News
Breaking Malawi business news with the latest financial reports, economy news, stock updates & investing ideas.
Ecobank engages shop owners over EcobankPay –
Chanza Ecobank Malawi Limited has encouraged shop owners to use the institution’s multi-featured digital payment solution, EcobankPay. This is according to Ecobank Head of Commercial Banking, Victoria Chanza, who was […]
Bayito App links farmers, buyer –
By Edwin Mauluka A newly founded local company has developed a friendly and innovative online farmers market application called Bayito (‘buy it all’) which provides simplified and secure payment methods […]
Old Mutual championing alternative investment agenda in Malawi –
Old Mutual Malawi is championing the use of pension funds for long term and responsible investments, saying such an approach is a win for the pensioner as well as the […]
Illovo Sugar Malawi engages ESCOM on power utilization –
Illovo Sugar Malawi company has embarked on an initiative to reduce its peak time power requirements from Electricity Supply Corporation of Malawi (ESCOM) thereby enabling ESCOM to provide increased access […]
Old Mutual Malawi embarks on insurance fraud awareness drive –
Old Mutual (Malawi) Ltd has launched A fraud awareness campaign as one way of alerting its customers and the general public to be ahead and able to notice fraud indicators […]
Fuel is cheap here – NOCMA’s Buluma defends hike –
National Oil Company of Malawi (NOCMA) deputy Chief Executive Officer Hellen Buluma has defended the fuel price increase, saying the current prices are not high as Petrol price was supposed […]
JTI says Tobacco season has been tough for both buyers and growers –
One of Malawi’s tobacco buyers, JTI Limited, says delayed rainfall during the 2021/22 tobacco growing season has affected contracted growers as well as the company. The company said this during […]
Fuel prices go up in Malawi –
The Malawi Energy Regulatory Authority (MERA) has hiked prices of petrol, diesel and paraffin. Petrol which was at K1,380 per litre is now at K1,999. Diesel price has been increased […]
ESCOM hikes blackouts –
Malawi Energy Regulatory Authority (MERA) has approved the request by Electricity Supply Corporation of Malawi (ESCOM) to increase electricity tariffs despite ESCOM delivering more blackouts than electricity to Malawi. The […]
Sunbird pledges to continue providing high quality hospitality services –
Malawi’s leading hotel chain, Sunbird hotels and resorts has promised to continue providing high quality hospitality services to both local and international customers across all the hotels & resorts in […]