Dangote resumes US crude purchase after three months
The Dangote Petroleum Refinery has recommenced the purchase of crude oil from the United States in its ongoing efforts to ramp up oil production and enhance its refining capacity. The…
National Bank of Malawi Donates K5 Million to Support Parliament Week
By Burnett Munthali National Bank of Malawi (NBM) Plc has contributed K5 million toward the 2024 Parliament Week, which runs from November 18 to 22 under the theme “Know Your…
Dangote Cement N100bn bond issuance opens
The first tranche of Dangote Cement Plc bond offer of up to N100 billion under its N300 billion multi-instrument issuance programme is now open and scheduled to close on Friday,…
Dangote, IPMAN sign 240m litres monthly petrol deal
Okechukwu Nnodim, Dare Olawin and Damilola Aina The Dangote Petroleum Refinery has offered to supply 60 million litres of Premium Motor Spirit, popularly called petrol, to the Independent Petroleum Marketers…
Global Development Banks pledge $120 billion annually for climate financing in low- and middle-income countries
By Burnett Munthali At the 29th United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, the world’s leading multilateral development banks (MDBs) committed to a substantial increase in climate financing…
Illovo Sugar Malawi’s Move Into Scrap Metal Business Sparks Outrage Among SMEs
By Burnett Munthali Illovo Sugar Malawi’s recent decision to venture into the scrap metal business has sparked outrage among local Small and Medium Enterprises (SMEs), with many accusing the company…
Honda readies its first electric motorcycle for the masses
The EV Fun Concept’s production model may launch next year Honda’s presence in the electric two-wheeler space has long been limited to one-off scooters and bikes. But all that is…
Malawi poised to benefit from cooperation in technology, agriculture, and trade following Africa-Russia ministerial meeting
By Burnett Munthali In a recent statement, Malawi’s Minister of Information and Digitalization, Hon. Moses Kunkuyu, expressed optimism about the potential benefits that Malawi stands to gain in the fields…
An analysis of the working and business community perspective in Malawi
By Burnett Munthali On Sunday, November 10th, I decided to go to my office to attend to a few tasks. Around lunchtime, I encountered a few security guards at the…
Lilongwe Archdiocese Offers 25% of Centenary Bank Shares to Catholic Parishioners and Parishes
By Burnett Munthali In a groundbreaking initiative, the Lilongwe Archdiocese of the Catholic Church has announced plans to offer 25% of its shares in Centenary Bank to Catholic Christians and…