Business Posts

MRA suspends six employees amidst misconduct allegations

Jan 28, 2025 Archangel Nzangaya 0 &

The Malawi Revenue Authority (MRA) has suspended six employees from duty, pending further investigations into various allegations of misconduct. According to an administrative notice issued by MRA Commissioner General Daniel D. Daka, the suspended employees… ...

Ekhaya shop acknowledges MBS decision, reopens shops after meeting standards

Jan 26, 2025 Archangel Nzangaya 0 &

Ekhaya shop has acknowledged and respected the Malawi Bureau of Standards' (MBS) decision to temporarily close two of its shops. Last week, Ekhaya shop was left with egg on its face after MBS temporarily closed… ...

Old Mutual rewards top performers with Dubai trip

Jan 25, 2025 Archangel Nzangaya 0 &

Old Mutual (Malawi) Limited has rewarded seven of its top-performing business development staff with an all-expenses-paid trip to the United Arab Emirates (UAE) as a token of appreciation for their exceptional achievements in 2024. The… ...

ESCOM slammed for appalling customer service, faces further action

Jan 24, 2025 Archangel Nzangaya 1 &

The Malawi Energy Regulatory Authority (MERA) has issued a stern warning to the Electricity Supply Corporation of Malawi (ESCOM) over its dismal customer service record. According to MERA, ESCOM has consistently failed to address customer… ...

Govt takes action on unfair business practices, seals non-compliant shops

Jan 24, 2025 Archangel Nzangaya 0 &

In a bid to protect consumers and promote fair competition, the Ministry of Trade and Industry in collaboration with the Competition and Fair Trading Commission (CFTC) and the Malawi Bureau of Standards (MBS), has launched… ...

MAGLA highlights socioeconomic benefits of gaming industry in Malawi

Jan 24, 2025 Mike Lyson Zgambo 0 &

The Malawi Gaming and Lotteries Authority (MAGLA) has emphasized the significant role the gaming and lottery industry plays in contributing to the country’s economic growth and social development. Speaking during an interface with members of… ...

NBS bank reaches historic milestone, market capitalization hits K1 trillion

Jan 24, 2025 Archangel Nzangaya 0 &

NBS Bank has achieved a remarkable milestone, becoming one of the few companies listed on the Malawi Stock Exchange (MSE) to reach a market capitalization of K1 trillion as of January 22, 2025. The bank's… ...