MW ready to tap into K750bn African market
Malawi has potential to tap from a $943 million (K754 billion) export markets through the African Continental Free Trade Agreement...
Business
Power demand soars
The Electricity Supply Corporation of Malawi (Escom) sold 1 576 gigawatts (GWh) of electricity in 2020, a 6.3 percent rise...
Afrexmibank commits to support Malawi-Sudan trade deal
The African Export-Import Bank (Afreximbank) has committed to support the Malawi-South Sudan trade deal by financing and promoting trade between...
Court grants RBM stay order in ICT deals case
The High Court on Tuesday put aside a decision of the Public Procurement and Disposal of Assets Authority (PPDA) for...
Troubled kwacha sheds off 3.21% in five months
The kwacha continues to face pressure with data showing it has lost 3.21 percent against the dollar between January and...
Nasfam proposes multi-year plan for AIP
The National Association of Smallholder Farmers (Nasfam) has proposed to Tonse Alliance administration the need for the country to have...
Group propose soya exports ban
Edible Cooking Oil Association of Malawi (Ecoam) and the Poultry Industry Association of Malawi (Piam) have separately written government to...
Scramble for village banks
Bankers Association of Malawi (BAM)says the move by commercial banks to tap into village banks will help create a more...
NPC in drive to align MW2063 with policies
The National Planning Commission (NPC) has embarked on policy review for ministries, departments and agencies (MDAs) to align them to...
Mitc in investment drive
The Malawi Investment and Trade Centre (Mitc) is looking for additional K290 million funding in the 2021/22 National Budget to...
Committee pushes for ARC Treaty ratification
The Agriculture Committee of Parliament has urged government to ratify the African Risk Capacity (ARC) Treaty to to enjoy disaster...
Trade key to stability—EU
The European Union (EU) says trade is key to attaining stable macroeconomic fundamentals and improved welfare of the people in...
CFTC takes on traders
The Cmpetition and Fair Trading Commission (CFTC) has warned of stiff penalties against business entities making ‘unjustified’ price increases of...
Employers cautious On proposed budget
Employers Consultative Association of Malawi (Ecam) has described the proposed 2021/22 fiscal plan as over-ambitious as the economy is still...
MSE raises K11bn in May
The Malawi Stock Exchange (MSE) registered an increase in trading activity in May when 496.2 million shares changed hands in...
ECAMA says budget too ambitious
The Economics Association of Malawi (Ecama) has described the 2021/22 fiscal plan as ‘quite ambitious’ despite having measures to help...
Malawi to hold validation workshops on AfCFTA national strategy
The Economic Commission for Africa (ECA) and Malawi’s Ministry of Trade have organised a series of workshops this month to...
Tourism sector Contribution falls
Malawi’s travel and tourism contribution to the gross domestic product (DGP) in 2020 declined by 50.2 percent, published figures from...
Chilima outlines pressure points
Vice-President Saulos Chilima has warned that Malawi is sitting on five impending socio-economic crises that must be tackled decisively if...
Non-revenue water costing water boards K30bn annually
Water boards in the country say they are losing between K30 billion and K35 billion annually through non-revenue water (NRW) ...
