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Illovo blames smuggling, weather for ongoing sugar crisis

May 26, 2025May 27, 2025 Alinafe NyasuluBusinessNo Comment on Illovo blames smuggling, weather for ongoing sugar crisis

Illovo Sugar (Malawi) has attributed the current sugar crisis in the country to rampant smuggling and adverse weather conditions that…

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RBM acknowledges financial strain from US aid withdrawal

May 17, 2025 Smart SochelaBusinessNo Comment on RBM acknowledges financial strain from US aid withdrawal

The Reserve Bank of Malawi (RBM) has stated that the recent withdrawal of foreign aid by the US government is…

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Chakwera accuses businesses of greed over price hikes

May 1, 2025 Augustine MuwotchaBusinessNo Comment on Chakwera accuses businesses of greed over price hikes

President Lazarus Chakwera has accused some manufacturers, traders, and suppliers of goods and services of greed, blaming them for excessive…

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Mzuzu Auction Floors to open Wednesday

April 28, 2025 Augustine MuwotchaBusinessNo Comment on Mzuzu Auction Floors to open Wednesday

The Tobacco Commission (TC) has announced that the 2025 tobacco sales at the Mzuzu Auction Floors will open on Wednesday,…

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Tobacco sales at Mzuzu Auction Floors rescheduled to Wednesday

April 28, 2025May 5, 2025 Augustine MuwotchaBusinessNo Comment on Tobacco sales at Mzuzu Auction Floors rescheduled to Wednesday

The Tobacco Commission (TC) has announced that the 2025 tobacco sales at the Mzuzu Auction Floors will now commence on…

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World Bank ready to support Malawi in adopting AI technology

April 24, 2025April 29, 2025 Augustine MuwotchaBusinessNo Comment on World Bank ready to support Malawi in adopting AI technology

The World Bank has expressed its willingness to support Malawi in embracing Artificial Intelligence (AI) as a tool to drive…

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Malawi set for second mining investment forum

April 22, 2025April 28, 2025 shadreck sindizaBusinessNo Comment on Malawi set for second mining investment forum

The Minister of Mining, Ken Zikhale Ngoma, has confirmed that preparations are complete for the second Malawi Mining Investment Forum,…

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RBM launches financial literacy campaigns

April 18, 2025April 18, 2025 Augustine MuwotchaBusinessNo Comment on RBM launches financial literacy campaigns

By Bernadetta Nomboh The Reserve Bank of Malawi (RBM) has launched financial literacy campaigns aimed at empowering women and addressing…

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Malawi awaits communication on Trump’s tariffs

April 4, 2025April 4, 2025 Augustine MuwotchaBusinessNo Comment on Malawi awaits communication on Trump’s tariffs

By Temwa Tembo The Ministry of Trade and Industry has stated that it has not yet taken action in response…

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Cost of living soars by 14.9% in February

March 28, 2025March 28, 2025 Augustine MuwotchaBusinessNo Comment on Cost of living soars by 14.9% in February

By Peter Davie The Center for Social Concern has raised an alarm over the increasing cost of living in Malawi,…

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Expert criticizes govt’s move to revoke Kaunjika licenses

February 25, 2025February 26, 2025 Augustine MuwotchaBusinessNo Comment on Expert criticizes govt’s move to revoke Kaunjika licenses

Renowned economic expert Milward Tobias has criticized the Ministry of Trade and Industry’s decision to revoke business licenses for second-hand…

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Govt moves to stabilize market prices, but expert remains skeptical

February 24, 2025February 26, 2025 Alinafe NyasuluBusinessNo Comment on Govt moves to stabilize market prices, but expert remains skeptical

The government has announced decisive steps to stabilize market prices as part of efforts to rescue the country’s struggling economy.…

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