economy Archives

Maize prices: CAMA demands Govt to intervene

Jul 27, 2022 Martha Chikoti 0 &

Consumer Association of Malawi (CAMA) has expressed worry over the rise in maize price which the association says has pushed the price of Maize flour (20kg) from MK8,388 in May to MK14,888 this month. According… ...

Govt suspends collection, delivery of dead bodies using ambulances

Jul 18, 2022 Archangel Nzangaya 0 &

As a way of cutting costs amid rising in cost of living, the Malawi Government has suspended some services in the health sector and from now public ambulances are not allowed to collect and deliver… ...

Old Mutual gives MHRC K5 million for staff retreat

Jul 17, 2022 Macmillan Mhone 0 &

Old Mutual has given Malawi Human Rights Commission (MHRC) K5 million for a staff retreat which the commission will hold from 19 to 21 July, 2022 at Nkopola Lodge in Mangochi. Speaking after presenting a… ...

Illovo registers K9.2bn profit

Jul 16, 2022 Archangel Nzangaya 0 &

Illovo Sugar Malawi Plc has registered a K9.2 billion net profit after tax in the first half of 2022, representing a 51 percent profit increase. This is according to the company's Managing Director Lekani Katandula… ...

Gold deposits found in Nkhata Bay

Jul 15, 2022 Malawi24 Reporter 0 &

Malawi’s Ministry of Mining says gold deposits have been found in the farm of the late Aleke Banda at Tukombo in Nkhata Bay. The ministry’s Public Relations Officer Andrew Mkonda Banda has told the local… ...

Sri Lanka President to resign after protesters stormed palace

Jul 10, 2022 Gracious Zinazi 0 &

Sri Lankan President Gotabaya Rajapaksa has agreed to step down on 13 July after protesters stormed his official residence and set the prime minister's house on fire. On Saturday 9 July, 2022, thousands of protesters… ...

Chakwera approves K1 billion in gratuity for ministers and deputies

Jul 09, 2022 Malawi24 Reporter 1 &

Cabinet ministers and deputy ministers who were supposed to share K351 milllion under old gratuity formula will now share K1 billion under a new formula approved by President Lazarus Chakwera. Tonse Alliance administration ministers who… ...