UNECA hails Malawi’s PPP investment
United Nations Economic Commission for Africa (UNECA) has described Malawi’s regulatory framework on PPP investment as one of the best in Africa. This accolade was...
Category : Business
PPPC urges investors to tap into available opportunities
Public Private Partnership Commission (PPPC) has urged local and international investors to capitalise on the opportunities available through its office. PPPC’s CEO Patrick Kabambe has...
Illovo half-year profits down
Illovo Sugar Malawi has posted a K32.5 billion pre-tax profit, a drop from K48.6 billion which was recorded during the same time last year. During...
Cyclones damaged soil, Illovo Sugar laments
Illovo Sugar Company has embarked on a production rotation strategy to retain soil health. The company’s Financial Director, Kondwani Msimuko, disclosed this on Wednesday in...
New Anti-Money Laundering Policy launched
The National Anti-Money Laundering and Combating Financing of Terrorism and Proliferation Policy has been officially launched in Lilongwe. The initiative aims to enhance Malawi’s efforts...
NICO Holdings profits up by 60%
NICO Holdings has registered a profit after tax of K59.1 billion in the just ended financial year, representing a 60% increment from 2022’s K38 billion....
CFTC rolls out new Act on fair trading
Competition and Fair Trading Commission (CFTC) has rolled out the Competition and Fair Trading Act. Lloyds Vincent Nkhoma, Chief Executive Officer for CFTC confirmed this...
Salima Sugar iphunzitsa adindo awo utsogoleri
Salima Sugar yati yayamba kuphunzitsa maphunziro a utsogoleri kwa anthu omwe ali ndi udindo pa kampani yawo pofuna kupititsa ntchito patsogolo. Wapampando wa kampaniyi, a...
MRA to upgrade its BT in-land examination centre
Malawi Revenue Authority (MRA) is set to upgrade its Blantyre in-land examination centre to improve capacity and efficiency. The upgrade will bring scanners, and have...
NBM sees K72 billion profit
One of the country’s leading commercial banks, National Bank of Malawi has reported a profit of K71.96 billion for the year ending December 31 2023....