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A service for global professionals · Thursday, November 14, 2024 · 760,442,956 Articles · 3+ Million Readers
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Malawi Companies Newswire

  • Published on Nov 9, 2024

    Illovo’s scrap metals decision irks smes

    Small and Medium Enterprises (SMEs) have expressed concern with Illovo Sugar Malawi plc’s decision to start dealing with recycling companies direct, not through scrap metal dealers. This is coming at a time the Malawi Stock Exchange listed company is …

    Source: The Nation (Malawi) - Center-left
  • Published on Nov 9, 2024

    MPs’ inquiries, a hopeless exercise?

    In recent years, Parliament has instituted numerous inquiries to address critical issues and hold those in power to account. However, a disturbing trend has emerged as some inquiries have led nowhere while conclusions of others have been left hanging, and …

    Source: The Nation (Malawi) - Center-left
  • Published on Nov 9, 2024

    Govt claims K26.2 billion from Turkish tobacco buyer

    Government, through Attorney General (AG) Thabo Chakaka-Nyirenda, has written a Turkish company demanding payment of $15 million (about K26 billion) for tobacco it bought in 2013, but never paid for it. The AG has given the Turkish company, Star Agritech …

    Source: The Nation (Malawi) - Center-left
  • Published on Nov 8, 2024

    Nocma explores 3 fuel pipeline projects

    By Chimwemwe Mangazi in Beira, Mozambique: National Oil Company of Malawi (Nocma) has said it is conducting studies to put fuel pipelines in Malawi from neighbouring countries. Nocma spokesperson Raymond Likambale said studies are being conducted for the …

    Source: Times Group - Label Pending
  • Published on Nov 9, 2024

    Africa’S Mineral Wealth And Path To Economic Transformation Showcased At Critical Minerals Africa (CMA) 2024

    (MENAFN- African Press Organization) Africa's holds significant reserves of minerals critical for the global energy transition. The continent boasts roughly 30% of the world's mineral reserves, including immense deposits of cobalt, manganese, …

    Source: MENAFN - Uncategorized
  • Published on Jul 25, 2024

    Tobacco Commission seizes 3,420 bales for nesting

    Tobacco industry regulator Tobacco Commission (TC) has confiscated 3,420 bales of tobacco for nesting since opening of this year’s selling season. The Tobacco Industry Act (2024) defines nesting as the concealment of substandard tobacco within a bale or …

    Source: Times Group - Label Pending
  • Published on Jun 21, 2024

    Sovereign Metals sets focus on becoming largest producer of both...

    Sovereign Metals Ltd (ASX:SVM, OTC:SVMLF, AIM:SVML) has completed the mining trials stage of its Pilot Mining and Land Rehabilitation Program at the Kasiya Rutile-Graphite Project in Malawi, confirming that soft, friable Kasiya orebody can be efficiently …

    Source: Proactive - Neutral
  • Published on May 21, 2024

    TNM spends K4billion to restore internet

    Malawi Stock Exchange- listed integrated mobile phone network and ICT services provider, TNM plc, has said it has spent over K4 billion to restore internet services. On May 12, the East and Southern African telecoms industry was affected by cuts to two …

    Source: Times Group - Label Pending
  • Published on Apr 17, 2024

    Emerging giant in the woods

    It is majestically taking shape on 3.271 hectares of land on the courtyards of the historical Lilongwe Golf Course, promising the elegance that many a guest, world over, would be contented with. The K88.8 billion (US$52.8 million) Protea Hotel Lilongwe …

    Source: Times Group - Label Pending
  • Published on Apr 11, 2024

    Government writes off K6 billion Neef loans

    By Wezzie Gausi: Government has written off K6 billion of loans that people borrowed from the National Economic Empowerment Fund (Neef), a move trashed by analysts, who suspect that the funds might have gone to politically connected people. The development …

    Source: Times Group - Label Pending
  • Published on Apr 2, 2024

    Kayelekera mine reopens next year

    By Cathy Maulidi: Expectations are high that Kayelekera Uranium mine will reopen towards the end of next year following Lotus Resources’ announcement of a financing agreement to facilitate resumption of operations. Meanwhile, the Malawi Government is still …

    Source: Times Group - Label Pending
  • Published on Mar 7, 2024

    Ridley, Jacaranda connect in art, science

    On Tuesday, students from Ridley College in Canada and Jacaranda School for Orphans in Chigumula, Blantyre, unified for one purpose: Assembling prosthetic hands. After assembling, the hands are sent to countries, where they are given to children that have …

    Source: Times Group - Label Pending
  • Published on Feb 27, 2024

    ‘5G on right path to business success’

    By Taonga Sabola in Barcelona, Spain: Technology giant Huawei has said 5G is on the right path to business success. Huawei’s Corporate Senior Vice President and President of ICT Sales and Service Li Peng was speaking in Barcelona, Spain during a 5G Beyond …

    Source: Times Group - Label Pending
  • Published on Feb 1, 2024

    Fam’s Mpira TV under scrutiny

    Football Association of Malawi (Fam) has said it will review and restructure the Mpira Television concept to maximise revenue for clubs in domestic football. This was approved during the association’s first quarterly executive committee meeting held in …

    Source: Times Group - Label Pending
  • Published on Jan 26, 2024

    Investment pledges down 73% in 2023

    Figures from the Malawi Investment and Trade Centre (MITC) show that investment pledges in various sectors of the economy amounted to $613 million as at December 2023. This accounts for about 22 projects. The amount represents a 73 percent decline from $2. …

    Source: Times Group - Label Pending
  • Published on Nov 27, 2023

    Insurers adopt digital system

    General insurance companies under the Insurance Association of Malawi (IAM) have unveiled an automated motor vehicle insurance system linked to the Malawi Traffic Information System. The digital system, which has been in use since October this year, will …

    Source: Times Group - Label Pending
  • Published on Oct 30, 2023

    Overvalued Kwacha tax to exporters-UK

    United Kingdom’s (UK) Foreign, Commonwealth Development Office (FCDO) Deputy Economist Nick Lea has said the overvalued exchange rate is acting as a tax on exporters, leading to lack of competitiveness and informalisation of exports and imports. Lea, who …

    Source: Times Group - Label Pending
  • Published on Oct 12, 2023

    United States commits $40 million to boost employment

    The US government, through the United States Agency for International Development (USaid), has launched a new $40 million (approximately K46.4 billion) project that will work with anchor firms to expand centers of economic opportunities for smallholder …

    Source: Times Group - Label Pending
  • Published on Oct 1, 2023

    Motorists return to fuel queues

    Shortage of fuel, especially petrol, has returned in some parts of the country. In Blantyre, the problem started on Thursday and it got worse yesterday as most fuel stations we checked did not have the commodity in stock. We visited several filing stations …

    Source: Times Group - Label Pending

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