Latest Malawi and World Business, Finance, and Economic News

Airtel, TNM stop mobile money agents from holding protests

Nov 15, 2023 Malawi24 Reporter 0 &

Airtel Malawi and TNM have obtained an injunction against their mobile money agents, restraining them from holding protests over reduction in commissions. The injunction which we have seen is dated 14 November, 2023 and has… ...

Create conducive environment for indigenous players, Mulli tells African Govts

Nov 15, 2023 Thumbiko Nyirongo - Malawi News Correspondent 0 &

Malawian business mogul Leston Mulli has asked African Governments to create a conducive business environment for indigenous players. The millionaire Mulli, who is Chairman and Chief Executive Officer (CEO) of Mulli Brothers Limited (MBL), made… ...

Govt asked to name gains of previous 25 percent devaluation

Nov 15, 2023 Martha Chikoti 0 &

As authorities are struggling to justify the current 44 percent devaluation, Centre for Democracy and Economic Development Initiatives (CDEDI) has challenged Finance and Economic Affairs Minister Simplex Chithyola-Banda to provide documentary evidence, complete with figures,… ...

Malawi Communications Regulatory Authority director general Daud Suleman

Ankolo.com loses courier licence

Nov 14, 2023 Malawi24 Reporter 0 &

Malawi Communications Regulatory Authority (MACRA) director general Daud Suleman says Ankolo.com has lost its courier licence over failure to pay K5.7 million levy. The company which delivers parcels to people’s homes had a commercial domestic… ...

How to Bet with World Star Betting in Malawi: A Step-by-Step Guide

Nov 14, 2023 Lindiwe Sambalikagwa 0 &

Credit: Bookmaker Ratings World Star Betting – Key Features World Star Betting Malawi: everyone needs to know who is the owner of World Star Betting, owned by Richard Nash, the company's CEO, which is a… ...

Devaluation effects: South African Airways suspend air ticket sales In Malawi

Nov 10, 2023 Archangel Nzangaya 0 &

As companies in the business sector continue to respond to the devaluation of the Malawian Kwacha by 44 percent against the USD, South African Airways (SAA) has suspended all air ticket sales in Malawi. The… ...

With the cost of living on the rise, prices of Sugar in Malawi have also peaked in recent years to the extent that very few can afford the product.

Sugar price rise to K2000

Nov 10, 2023 Mwayi Mkandawire 0 &

Illovo Sugar Malawi has raised the price of 1 Kilogram of brown sugar from K1450 to K2000. The company has said this in a statement today. Price of a packet of white sugar has also… ...

Innovator of Kasangazi Hydro-power Station cries foul

Nov 10, 2023 Malawi News Agency (MANA) 0 &

Colrerd Nkosi, the 39-year-old innovator behind Kasangazi Hydro-power Station in Mzimba, has complained that Malawi Government officials are not involving him in meetings regarding the upgrading of his own hydropower station. Speaking during in an… ...

Zayambika: Mafuta a galimoto, magetsi akwezedwa mtengo

Nov 10, 2023 Archangel Nzangaya 0 &

Potsatira kugwa mphamvu kwa ndalama ya Kwacha, bungwe la Malawi Energy Regulatory Authority (MERA), lakweza mitengo ya magetsi ndi mafuta a galimoto ndi pafupipafupi 45 Kwacha pa 100 Kwacha iliyonse ndipo izi zikuchitika pomwe mtsogoleri… ...

Chakwera administration hikes fuel prices, electricity tariff

Nov 10, 2023 Mwayi Mkandawire 0 &

The Lazarus Chakwera administration through the Malawi Energy Regulatory Authority (MERA) has hiked fuel prices and electricity tariff by more than 44 percent following the fall of the Malawi Kwacha against the United States dollar.… ...

Dr Betchani Tchereni is a Malawia economist and pundit who provides opinions on economic issues

University economics professor says devaluation a necessary evil Malawi economy urgently needs

Nov 10, 2023 Malawi24 Reporter 0 &

Professor of Economics at the Malawi University of Business and Applied Sciences (MUBAS) Dr Betchani Tchereni has welcomed Reserve Bank of Malawi (RBM) move to devalue the local currency by 44 percent arguing it reflects… ...

President Lazarus Chakwera and Vice President Saulos Chilima have been ruling the country together since 202

Malawi Kwacha falls by 44 percent

Nov 08, 2023 Malawi24 Reporter 1 &

The Reserve Bank of Malawi (RBM) has devalued the Malawi Kwacha from K1,180 to K1,700 against the United Stated dollar. RBM Governor Wilson Banda has confirmed the 44 percent devaluation of the Kwacha which is… ...

Itel unveils Itel A70 in Malawi

Nov 08, 2023 Malawi24 Reporter 0 &

Itel Mobile Limited has introduced a new phone on the market, Itel A70, which the company says has exciting features and is user friendly. Speaking in an interview, Itel Marketing Manager Bright Mambo said the… ...

Pemphero Mphande and a Malawian musician received fake honorary doctorates

Malawi24 exclusive: Inside the fake honorary doctorates awarded to Messrs Mphande, Namadingo and Karim

Nov 08, 2023 Mike J. Kangwele 0 &

…Nigerian-Malawian woman married to a Pastor at the centre Details have started emerging of the elaborate doctoral scam that awarded honorary degrees to musician Patience Namadingo and his brothers in arms: Pemphero Mphande and… ...

Thom Mpinganjira speaking at an FDH Bank event in Blantyre

Mpinganjira constructing multi-billion kwacha cancer centre

Nov 05, 2023 Malawi24 Reporter 0 &

FDH Bank Founder Thomson Mpinganjira says he is constructing a multi-billion kwacha cancer centre in Blantyre which is expected to receive its first patient next month. Mpinganjira announced this in Blantyre when FDH Bank was… ...