Malawi’s infrastructural development promising
The Chief Executive Officer of the College of Insurance in Kenya, Ben Kajwang, says Malawi has the potential to transform its infrastructural development fortunes, provided...
Author : Earlene Chimoyo
Pension Fund trustees to undergo training
The Reserve Bank of Malawi has launched a Trustee Development Programme aimed at building the capacity of Pension Fund trustees and improving fund management. Ben...
Mzuzu Tobacco Selling Season ends with $395.3 million in sales
This year’s tobacco selling season has raked in $395,313,551 from 132,828,459 kilogrammes sold, just a day before the official closure of the Mzuzu Auction floors....
NICO seeks to revive Zambian subsidiary
NICO Holdings, one of the major conglomerates listed on the stock market, is strategizing on making its international subsidiaries profitable. According to the group’s financial...
NITL Shareholders call for diversified assets
Shareholders of the National Investment Trust (NITL) have called on the firm to diversify its investments to improve performance. The call was made during the...
MRA achieves 100% compliance rate with Tax Stamp System
Malawi Revenue Authority (MRA) says local manufacturers have fully embraced the use of tax stamps on their products, achieving a 100% compliance rate. Confirming the...
MRA collects K660BN in 2024/25 first quarter
Malawi Revenue Authority (MRA) has successfully collected K656.8 billion in the first quarter of the 2024/25 financial year. MRA Commissioner General, John Biziwick, disclosed this...
Eleven car brands recalled over faulty airbags
About 11 motor vehicle brands of models between the years 2000 – 2015 have been recalled owing to faulty Takata airbags. The affected brands include...
NBS Bank profits surge 56% in 2023
NBS Bank is today engaging investors to share their performance outlook ahead of the bank’s Annual General Meeting later this month. Its officials say the...
NITL foresees promising finish to 2024
National Investment Trust (NITL) is optimistic about positive returns in the second half of the year, owing to impressive performance of firms in which it...