Business

GOOD START FOR LIMBE FLOORS

Limbe Auction Floors opened on Monday on high note recording highest price of $2.50 per kilogramme (kgs) price on the […]

Watch As Father And Son Duo Talk About Financial Terms

In the video, Kyng aces the definitions of terms including liabilities, entrepreneurship, and commercial real estate and listens to his […]

LOCAL FIRM INTRODUCES DISINFECTION MACHINE

A local manufacturing company, SRS Agro and Automotive Limited, has introduced on the market a disinfection chamber to help towards […]

ICT Experts Emphasized The Need For Traders And Consumers To Embrace Online Shopping Platforms

Information and Communication Technology (ICT) experts emphasized people to embrace online shopping platforms as a way of maintaining trade while […]

NETFLIX GETS 16 MILLION NEW SIGN-UPS THANKS TO LOCKDOWN

Netflix has seen subscriber numbers surge this year, as lockdowns around the world keep people at home where they want […]

INFLATION EASES FURTHER TO 9.8%

Inflation decelerated by 1.2 percentage points in March 2020 to 9.8 percent, thanks to continued declining food prices, figures from […]

SUGAR COMPANY TRIPLES PRODUCTION

The Salima Sugar Company Limited (SSCL) has said it managed to triple its sugar output in the last growing season. […]

TNM PROFIT WENT DOWN BY 10%

Profit after tax for integrated mobile phone services provider, TNM Plc went down by 10 percent in the year ending […]

CHINA’S VIRUS-HIT ECONOMY SHRINKS FOR FIRST TIME IN DECADES

China’s economy shrank for the first time in decades in the first quarter of the year, as the virus forced […]

TOBACCO COMMISSION IMPRESSED WITH THE COMPLIANCE BY FARMERS

Barely a month after Tobacco Commission (TC) warned farmers against selling tobacco to middlemen and vendors, it has been established […]

Softbank fund warns of $16.7bn loss due to virus

SoftBank expects to lose $16.7bn (£13.3bn) on firms it has invested in through its tech start-up fund. The Japanese conglomerate […]

MAIZE GROWERS HAPPY WITH NEW MAIZE PRICES

Maize growers in the country have expressed satisfaction with the K200 per kilogram (Kg) farm gate price for buying maize […]

MRA opens Covid-19 response tax window

Malawi Revenue Authority (MRA) has opened up a voluntary tax compliance window for six months, to allow tax payers with […]

RBM 2019 PROFIT JUMPS TO K57 BILLION

The Reserve Bank of Malawi (RBM) has posted a K57 billion profit, up from K19.4 billion registered in the privious […]

MNRM SAYS ‘LAKE ROW WITH TANZANIA CAN’T AFFECT PETROLEUM VENTURE’

The Ministry of Natural Resources and Mining has said the petroleum industry in the country is not affected by the […]

COMMERCIAL BANKS LOWER LENDING RATES

Some commercial banks in the country have slightly lowered their base lending rates amid calls for concerted effort to minimise […]

GREEN BELT AUTHORITY TO BOOST MALAWI ECONOMY

Green Belt Authority (GBA) has described its $5.5 million (about K4 billion) project as a boost to the country’s economy […]

Customers Ask for Tents Outside Banks

After the president of Malawi, Peter Mutharika instructed that people should avoid gatherings, banks also have trimmed number of customers […]