Escom imports of electricity polls cost Raiply K2.5 billion
A local timber plantation company has lamented that Electricity Supply Corporation of Malawi (Escom) decision to import poles for electricity has cost the company K2.5 billion risking local jobs....
View ArticleCommercial airlines resume Malawi flights August end
Government has now confirmed that commercial airlines in the country resumes this month-end amid tough Covid-19 preventive measures. Acting director of Civil Aviation James Chakwera said there is no...
View ArticleInvest in SIP – Smart tips that you should know
Anyone who wishes to build a wealth corpus should ideally go for SIP investments. The popularity of investing in the SIP’s has witnessed remarkable growth. Even today, some investors still think that...
View ArticleAnimal skins consumption affects leather industry in Malawi
Director of operations for Trogon Trading Private Limited, Mohan Suresh Kumar a company that is in leather production has bemoaned the tendency of eating animal skins among Malawians which he said is...
View ArticleNBS Bank wins Euromoney Award for second year running as Malawi’s best bank
NBS Bank has emerged as Malawi’s Best Bank for the second year running in the Euromoney Awards for Excellence 2020. Last year, NBS Bank was voted 2019 Best Bank in Malawi by EuroMoney Awards for...
View ArticleMyBucks Bank profit grows by 130% in 2019-2020 financial year
MyBucks Banking Corporation has recorded a profit after tax of MK1.8 billion in the first six months period ended on 30th June, 2020 compared to MK817 million same period in June, 2019. This represents...
View ArticleMalawi loses K80bn in hospitality industry due to Covid-19
Closure of some hospitality institutions in the country due to covid-19 has cost Malawi a staggering K80 billion. Officials say the closure of some of the hospitality institutions has deprived the...
View ArticlemHub tips Likoma youths on economical survival amid novel pandemic
Meeting Hub (mHub), a technology and innovation hub, has advised youths in Likoma to venture into entrepreneurship to survive amid the Covid-19 pandemic. In an interview on Tuesday, mHub chief...
View ArticleEU says Malawi community radios very potent remedy to fake news
The European Union (EU) Chargé d’Affaires to Malawi, Ivo Hoefkens, says community radio stations have a critical role to play in tackling fake news and disinformation surrounding coronavirus disease...
View ArticleHome based researches critical for Malawi development – Commission
National Planning Commission (NPC) has said the country needs to develop home based researches for the benefit of national development. NPC director general Thomas Munthali made the observation...
View ArticleDikshit says FMBCH half-year profit up 181% to K11 bn ‘encouraging’
FMB Capital Holdings plc (FMBCH), the parent company of First Merchant Bank, has posted an after tax profit of $14.29 million (about K11 billion) in the half-year ended June 30 2020, representing the...
View ArticleMinistry deplore high rentals for Chinese built houses in Lilongwe: ‘Revise...
Minister of Lands, Housing and Urban Development Kezzie Msukwa and deputy minister Abida Sidik Mia have told the Chinese-owned Hena Guoji Development Company Limited, which is in a joint venture with...
View ArticleMalawi to hold first annual development conference: ‘Beyond political freedom...
The National Planning Commission (NPC) and its partners will from Thursday, August 27 to Friday August 28, 2020 host Malawi’s first annual National Development Conference which will be officially...
View ArticleNICO General launches ‘Yafewa’ third party motor vehicle insurance
NICO General has launched ‘Yafewa’ third party insurance as a way of providing an affordable coverage for motor vehicle owners. This product will enable customers to pay K70,900, covering third party...
View ArticleMalawi’s agricultural commercialization project gears up to help create 1...
Agricultural Commercialization Project of Malawi (AGCOM) says it is committed to ensure implementation of Government effort in the creation of the much touted of 1 million jobs promised by the Tonse...
View Article5 ways to enhance digital security for your business
With many businesses going digital, cybersecurity threats are on the rise. Each day, we keep hearing about new data breaches in large corporations and government institutions as cybersecurity experts...
View ArticleMinister Rashy eyes mining industry’s 30% contribution to Malawi national budget
Minister of Mining, Rashid Gaffar MP has disclosed that he hopes that the growth of the extractive industry in Malawi will contribute 30 percent funding to the future national budget. Gaffar made the...
View ArticleAbout real money online Casinos
Even if you’ve never set foot in a casino, there’s a high chance you’ve gambled before. Whether you’ve had an arm wrestle with a friend, flipped a coin to make a decision, or bet someone they couldn’t...
View ArticleGovernment will not bail out Escom from K53bn bill to Egenco
Government says it will not bail out utility supplier Electricity Supply Corporation of Malawi (Escom) from its K53 billion unpaid electricity generation bills it owes Electricity Generation Company...
View ArticleFirst edition of Pawer magazine for women’s economic empowerment out
The first edition of Platform for Advocacy of Women Economic Rights (PAWER) magazine which is published by Empower, for the month is out. Empower is a platform for women entrepreneurs, women rights...
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