business Archives

Karonga’s rice milling plant to be operational in two weeks

Feb 24, 2024 Malawi News Agency (MANA) 0 &

Infrastructure Development Manager (IDM) for the Greenbelt Authority (GBA) Synoden Kautsi has disclosed that the Rice Milling and Processing Plant at Nthola Ilola Irrigation Scheme will be operational in two weeks time. Speaking in an… ...

DC moves to resolve Area 25 illegal structures demolition issue

Feb 18, 2024 Malawi News Agency (MANA) 0 &

District Commissioner for Lilongwe, Lawford Palani, has assured the people of Area 25 in Traditional Authority Chitukula in the district that the council is committed to resolving an issue relating to demands by communities for… ...

Shoprite Group and GGL bring economic growth and employment to Malawi

Feb 18, 2024 Malawi24 Reporter 0 &

A strategic supplier partnership between Africa’s largest retailer, the Shoprite Group, and GBI Greenhouse Limited (GGL) – Malawi’s only large-scale greenhouse-based vegetable farm – is exporting high-quality bell peppers to the South African market, whilst… ...

MBS revokes certification for Hayat Natural Mineral Water over non-compliance

Feb 11, 2024 Chikondi Daza 0 &

The Malawi Bureau of Standards (MBS) has revoked the certification and production of Hayat Natural Mineral Bottled Water by Thirsty Juice Company located in Njewa, Lilongwe and has ordered recall of the product from the… ...

Balaka Business Community laments delays in accessing NEEF loans

Feb 11, 2024 Macdonald Kaleso 0 &

The Balaka business community has lamented that delays in disbursing loans by the state owned National Economic Empowerment Fund (NEEF) remains a bottleneck in their operations. Chairperson of the business operators in the district, William… ...

Austrian company to invest in tourism projects at Likoma Island

Feb 10, 2024 Malawi News Agency (MANA) 0 &

Augustus Limited, which is based in Austria, is expected to pump in $500 million (approximately K900 billion) into various projects with the aim of boosting tourism on the island district. Speaking Tuesday at Ulisa Bay… ...

Old Mutual launches Market Linked Fund

Feb 10, 2024 Archangel Nzangaya 0 &

In a bid to offer an alternative investment portfolio especially for high-risk corporate customers, Old Mutual Life Assurance Company has launched Linked Market Fund. Linked Market Fund was launched on Tuesday, 6th February, 2024 at… ...