Illovo Sugar Malawi plc has announced the appointment of Mr Kondwani Msimuko, FCCA, as its Interim Managing Director, effective January 1, 2025. This follows the transition of Mr Lekani Katandula, who assumes the...
Malawi’s headline inflation rate continues to show signs of improvement down 540 basis points(bps) to 27.0% as of November 2024 from 32.4% in September 2024. The decline was primarily driven by a drop...
After months of queuing at fuel stations, Malawians might finally see relief. The Malawian government has announced a transition from the open tender system to a government-to-government (G2G) arrangement for fuel procurement, aiming...
It has been about 6 months since the International Monetary Fund (IMF) last visited Malawi to discuss matters related to the Extended Credit Facility (ECF). The absence of communication from the IMF regarding...
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...
Source: NSO Malawi’s headline inflation rate is down 190 basis points(bps) to 32.4% as of October 2024 from 34.3% in September 2024. The decline was primarily driven by a drop in food inflation...
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...
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...
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...
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