Tag: Illovo

Illovo Increases Salary Of Employees Over Kwacha Devaluation, High Cost Of Living

Published on June 23, 2022 by Flora Mitumba

Malawi’s sugar manufacturing company Illovo has revised salaries of it’s employees with 10 percent in the wake of devaluation of […]

Nkhotakota Sugarcane farmers sues ILLOVO over sugar sales

Published on July 10, 2020 by Edgar Naitha

Sugarcane farmers in Nkhotakota have gone to court over grievances about sugar sales with Illovo Sugar Company. A statement signed […]

Malawi performance update for September 2014

Published on October 1, 2014 by Face of Malawi

Tuesday 2nd September 2014 to Tuesday 30th September 2014 Indices Indices Index Close Open Points % High Low YTD YOY […]

Sugar Reduced, New sugar prices

Published on June 3, 2013 by FACE OF MALAWI

NEW SUGAR PRICES!!! 1 kg Brown Sugar will be selling at MK360 while a Kg of white sugar will be […]

Govt cuts scope of Chipembere Highway project

Published on December 6, 2012 by FACE OF MALAWI

The Chipembere Highway construction will not reach Illovo roundabout in Limbe as initially planned because the cost of the project […]

Illovo and villagers fight over land

Published on December 2, 2012 by FACE OF MALAWI

Armed police on Friday demolished Chipakuza Village in Chikhwawa because the villagers are believed to have illegally settled on Illovo […]

Construction on Chipembere Highway resumes

Published on September 14, 2012 by FACE OF MALAWI

Construction works on the Masauko Chipembere Highway have resumed after a break of over six months. The construction of the […]

Illovo Sugar Group earnings up with 31%

Published on June 1, 2012 by FACE OF MALAWI

South Africa’s Illovo Sugar Group Limited on Monday released its financial results for 2011, posting a 31 percent operating profit […]

Devaluation to boost sugar exports – Illovo

Published on May 16, 2012 by FACE OF MALAWI

Illovo Sugar Malawi Limited has said the devaluation of the kwacha will boost sugar exports apart from restoring growth and […]

Illovo, Nico shares gain

Published on April 25, 2012 by FACE OF MALAWI

The stock market last week saw two counters registering share price gains resulting in the upward movement of the Malawi […]

Sugar scarcity to go on

Published on April 21, 2012 by FACE OF MALAWI

Long sugar queues are expected to continue in retail shops across the country as the country’s sole producer of the […]