Category: News

* The Malawi Government should rather be creating a conducive environment to expand the size of the economy * Which is not growing enough in terms of its Gross Domestic Product, with a share of only 0.01% of the global economy * It is concerning that Malawi’s ability and capacity to produce per person is diminishing relative to other nations * Putting the country in a most vulnerable situation economically By Duncan Mlanjira The Malawi economy is suffering from…

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* We have small medium enterprises which do not have resources to solely participate at the fair * So we thought it wise to partner EDF so that Malawi should participate as a nation * To showcase Malawi products and investment opportunities so that they should be able to interact at continental scale By Victor Singano Jnr NICO Group has sponsored K30 million to Export Development Fund (EDF) which will help towards the participation of the forthcoming Intra Africa…

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Chithyola Banda, (left) who was recently appointed Finance Minister * Yesterday, RBM announced the devaluation of the Kwacha at 44% * From selling rate of K1,180.29 to K1,700.00 to the US$ with effect from today, November 9 * This devaluation is just as reckless as the previous one—former RBM Governor, Dalitso Kabambe * Given that fundamentals of the monetary policy stance remains helpless and fiscal consolidation is nonexistent By Duncan Mlanjira Minister of Finance & Economic Affairs, Simplex Chithyola…

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* I am really not impressed because they have not started crushing quarry for the main works—Minister Hara * They say that they have not found the right material stone; besides that the designs are not ready By Manasse Nyirenda, MANA Minister of Transport & Public Works, Jacob Hara has advised contractor for the M1 road rehabilitation works between Kacheche in Mzimba and Chiweta in Rumphi to consider working 24 hours in shifts for them to catch up on…

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Acting EGENCO CEO, Eng. Dr. Maxon Chitawo * When we maintain the frequency at this level, it means that the power that we generated and supply to people is of good quality—EGENCO * As the world grapples with climate change and energy security challenges efforts to build resilient, efficient, and sustainable electricity supply networks have never been more critical By Duncan Mlanjira The electricity that Malawians use every day in their homes must be quality power and must meet…

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The street parade led by Malawi Police brass band along Victoria Avenue * Energy Minister Ibrahim Matola applauds the two power utility service providers for their partnership * Towards introducing the system that is expected to improve the quality of supply and system reliability By Duncan Mlanjira Minister of Energy, Ibrahim Matola has described as a significant milestone on the automatic generation control (AGC), which Electricity Generation Company (EGENCO) and Electricity Supply Corporation of Malawi (ESCOM) has collaborated to…

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