Business

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 […]

Reserve Bank of Malawi explains ‘cash transferring rumour’

The Reserve Bank of Malawi (RBM) has dismissed rumours that its Governor authorised transfer of billions of Kwacha into an […]

Mark Zuckerberg Loses $7 Billion As Companies Boycott Facebook Ads

Mark Zuckerberg just became $7.2 billion poorer after a flurry of companies pulled advertising from Facebook Inc.’s network. Shares of the social media company fell […]

Cama, tax experts hail Treasury on carbon tax

Consumers Association of Malawi (Cama) and tax experts have commended Treasury for modifying how motorists should be paying carbon tax, […]

Cotton farmers let in the cold

Chikwawa District, farmers are spending nights at Admarc depots waiting for the state grain trader to buy their produce. Admarc […]

Thyolo Sacco profit at K144 million

Thyolo Teachers Savings and Credit Cooperative (Sacco) has registered a K144 million profit during the year ending December 31, 2019. […]

Zambia approves $438 million COVID-19 economic stimulus package

Zambia’s cabinet approved a 8 billion kwacha ($439 million) economic stimulus package financed through a COVID-19 bond in an effort […]