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 […]

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 […]

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). […]

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 […]

TIMELY— Dulira (left) presents a dummy cheque to Ng’oma By Mc Donald Chapalapata: National Bank of Malawi (NBM) recently gave K1.5 million to the Institute of People Management in 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]. […]

Humphrey Mdyetseni With K23 billion disbursed so far under the National Economic Empower Fund (Neef), the fund has indicated that shortage of loan officers has been one of the drawbacks. […]