SA restaurant owners hold protests over alcohol ban
Restaurant owners and workers in South Africa’s tourist areas including Cape Town are holding peaceful protests against the government’s reimposed […]
Business
Economy to lose K5 trillion to Covid-19
Capital hill has said the economy is bound to lose over $6 billion (about K5 trillion) this year due to […]
Revenue from Tobacco hit $129.7 Million
Revenue from tobacco hit $129.7 million at the end of week 13 of sales after trading about 85.4 million kilogrammes […]
Japan to pay at least $536 million for companies to leave China
Japan’s government will start paying its companies to move factories out of China and back home or to Southeast Asia, part of […]
Tobacco Commission blames US ban for high rejection
Tobacco market regulator, Tobacco Commission (TC), has partly attributed a recent rise in tobacco rejection rate on the market to […]
Ictam blames taxes for rising Internet cost
Information Communication and Technology Association of Malawi (Ictam) has cited the 26.5 percent tax levied on Internet, poor infrastructure and […]
Nasfam ask government for stable markets
The National Smallholder Farmers Association of Malawi (Nasfam) has called on the government to set up stable and structured markets […]
Google announces $10bn investment in ‘digital India’
Google will invest $10bn (£7.93bn) in India in the next five to seven years, the chief executive of its parent […]
South Africa bans alcohol again to combat Covid-19
South Africa has introduced new restrictions, including another ban on alcohol sales, to help contain the spread of coronavirus. A […]
Japan launches huge vertical farm reliant on artificial light
A unit of Tokyo Electric Power Company Holdings Inc has launched an indoor vertical farm in central Japan with production […]
Covid-19 Affects Companies Production – Latif
By Orchestra Kamanga One of the Directors for Health and Beauty Limited Company, Macbul Latif has attributed the low production […]
CfSC asks government to Depoliticise Admarc
Centre for Social Concern (CfSC) has asked the government to consider removing political influence on the Agriculture Development and Marketing […]
Tanzania becomes a middle-income country
Tanzania is now officially a middle-income country after the World Bank published a reviewed classification of world economies. The East […]
Egypt reopens airports and welcomes tourists to pyramids after COVID closure
Egypt restarted international flights and reopened major tourist attractions including the Great Pyramids of Giza on Wednesday after over three months […]
Kenya’s economic growth slows down
Kenya’s economy shed off slightly over half a percentage point in the first three months of this year to 4.9%. […]
Malawi-Mozambique trade shrinks by 13%
Trade between Malawi and Mozambique using the ports of Beira and Nacala went down by 13 percent in the past […]
FDH seeks to raise K13bn
FDH Bank, a subsidiary of FDH Financial Holdings Limited, yesterday offered 1.3 billion shares through an Initial Public Offering (IPO) […]
MERA to pay K150m for carbon tax
Malawi Energy Regulatory Authority (Mera) says it will draw K150 million from the Price Stabilization Fund (PSF) to pay for […]