Only half a million Malawians own smartphones – MACRA
Only about 500 thousand people own smartphones out of the 12 million that have mobile gadgets in the country, the...
Business
Tea output at 48 million kgs – report
Tea production is projected to slightly increase this year to 48 million kilograms, a latest report shows. According to figures...
Airtel launches e-SIM
Airtel Malawi has taken a major step towards innovation by introducing an e-SIM platform. This innovation will allow users to...
Tobacco season to open on April 12
This year’s tobacco season is set to commence on April 12 as authorities finalise preparatory works in all four auction...
Stakeholders protest 40% tax on bank profits
Stakeholders are reacting angrily to the government’s decision to introduce special tax on banks that post profits in excess of...
China’s loans to Africa worry World Bank President David Malpass
The president of the World Bank has told the BBC that he is concerned about some of the loans China...
‘Spend wisely’ Gwengwe tells MDAs as K3.7trillion budget passes
Finance Minister Sosten Gwengwe has called on government Ministries, Departments and Agencies to exercise caution on expenditures, as the 2023-2024...
Cyclone Freddy: Southern region cotton production written off
Authorities have almost written off cotton production in southern region after devastating floods swept away huge hectares of the crop....
US raises interest rates despite banking turmoil
The US central bank has raised interest rates again, despite fears that the move could add to financial turmoil after...
Standard Bank Plc. makes K39.2 bn profit
The Malawi Stock Exchange (MSE) listed Standard Bank Plc has posted a 39.2 billion kwacha net profit in 2022. The...
