economy Archives

Malawi Mps wear sackcloth as Chakwera is set to address Parliament

Feb 17, 2023 Malawi24 Reporter 0 &

Opposition Members of Parliament (MPs) have turned up at Parliament in sackcloth as President Lazarus Chakwera is set to address National Assembly this morning. The opposition MPs are wearing jackets, trousers, dresses and blouses made… ...

Faith leaders to pray for Malawi next week

Feb 17, 2023 Archangel Nzangaya 0 &

A grouping of faith leaders from different churches has organised an Inter-Denominational Prophetic Prayer Breakfast which they say is aimed at asking God to heal Malawi. According to Bishop Gilford Matonga who is the organising… ...

Over 15,000 households graduate from ultra poverty

Feb 09, 2023 Raphael Likaka 0 &

Financial Access for Rural Markets Small holders and Markets (FARMSE) which is under the Ministry of Finance says that more than 15,000 households that were on the Social Cash Transfer Programme have graduated from ultra… ...

Illovo posts K26 billion profit, says it won’t reduce sugar prices

Feb 08, 2023 Archangel Nzangaya 0 &

Despite being hit by the effects of cyclone Ana last year, Illovo Sugar Malawi plc has posted a 30 percent increase in net profit from K20.6 billion in 2021 to K26.6 billion in 2022. This… ...

Chakwera calls for concerted efforts in transforming Malawi into middle income economy

Feb 02, 2023 Archangel Nzangaya 0 &

President Lazarus Chakwera has asked Malawians to join hands and work with urgency towards achieving the agenda of transforming Malawi into a low-middle income economy by 2030. Chakwera made the call today when he presided… ...

UDF says Atupele is still a strong member of the party

Jan 31, 2023 Synd Kalimbuka 0 &

United Democratic Front (UDF) on Sunday told the party's followers at Mpaweni Shopping Centre in Lilongwe that the party still recognizes its former president Atupele Muluzi as a reliable UDF member. Speaking during a political… ...

All ADMARC employees fired

Jan 30, 2023 Russell Kondowe 0 &

Agricultural Development and Marketing Corporation of Malawi (ADMARC) has fired over 4,000 employees as part of a restructuring process. The company which is owned by the Government of Malawi has announced the decision in a… ...