You’ve probably heard people say, “Invest in shares and grow your money!” But what exactly are shares, and how do they work? For many Malawians, the stock market can seem confusing or out of reach. This article breaks it down for you, step by step, and...
MPICO Plc, one of Malawi’s leading property investment companies listed on the Malawi Stock Exchange, has issued a cautionary statement regarding a potential change in its shareholding structure. A significant shareholder is currently negotiating the sale of their 20.56% interest in the company. What does this...
Blantyre Hotels Plc (BHL) a Malawi Stock Exchange listed company has announced a K62.4 billion Rights Offer, aimed at raising capital to finance the construction of a new four-star hotel in Lilongwe under the Protea Hotels by Marriott brand. The initiative underscores BHL’s strategic vision to...
The Reserve Bank of Malawi (RBM) conducted its latest foreign exchange auction on Thursday, 14th November 2024, with three Authorized Dealer Banks (ADBs) participating. The auction, which offered USD $150,000, concluded with all bids accepted at a rate of MWK 1,751.00/USD, maintaining the official market price....
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