Fuel Scarcity Paralyses Malawi’s Economy
By Draxon Maloya The current nationwide fuel scarcity has had a devastating impact on Malawi’s economy, with prices of goods…
Category: Business
BHL offers over 5 billion in shares
Malawians stand a chance of owning shares in Malawi Stock Exchange-listed Blantyre Hotels Limited following its K62.4 billion rights issue.…
Amaryllis Hotel to host Mexican Fiesta
In a bid to celebrate the Mexican culture and cuisine, Amaryllis Hotel in Blantyre has organized an event dubbed; Mexican…
BESS Project Launched to Replace Costly Aggreko Diesel Generators
By Burnett Munthali On Monday, 25 November, Energy Minister Ibrahim Matola announced that the newly launched Battery Energy Storage System…
MERA shuts down three fuel stations in Lilongwe
The Malawi Energy Regulatory Authority (MERA) has shut down three fuel stations for selling fuel in jerry cans above the…
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…
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…
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…
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…
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…