James Chimwaza Players in the private sector have lamented the volatile forex situation in the country, which they say could affect business for most importers going forward. This comes at […]

Ralph Tseka For the past couple of weeks, Abdul, a hardware merchant in Lilongwe, has been restless as he has been struggling to get foreign exchange to import new merchandise. […]

Mining and exploration firm Sovereign Metals has said prospects to commence rutile mining at its Kasiya mine remained distant, but has said it was making headways on exploration. Sovereign Metals […]

The Reserve Bank of Malawi (RBM) maintains that the local economy will still swell by 3.8 percent in 2021 albeit pessimism among some experts who feel the Covid pandemic effect […]

MAHARAJ—We have submitted proposals Four South African firms under Project Innovation Centre (PIC) have shown interest in investing in fertiliser manufacturing, phone manufacturing, petroleum refining and distribution and water transport […]

Joseph Chidanti Malunga By Telephorus Chigwenembe The Tobacco Commission (TC) has said it will soon be signing a Memorandum of Understanding (MoU) with the Eliminating Child Labour in Tobacco Foundation […]

Completion of the Malawi– Mozambique power interconnection project is expected to delay by about nine months, a development Electricity Supply Corporation of Malawi (Escom) has attributed to the Covid pandemic. […]

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 […]

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 […]

UNDERUTILISED—The stock market John Kamanga The Malawi Stock Exchange (MSE) has said private sector firms are underutilising debt market platforms put in place to help businesses raise capital. MSE Chief […]