The World Bank has praised the Electricity Supply Corporation of Malawi (Escom) for doubling new electricity connections to 75 000 in one year through the Malawi Electricity Access Project (Meap). The Bretton Woods institution, which funds Meap with Escom as the implementing partner of its on-grid component, said the utility firm registered 74 800 new
President Lazarus Chakwera yesterday took a swipe at commercial banks, accusing them of making profits at the expense of government. In his two-hour State of the Nation Address (Sona) at the opening of the 2024/25 Budget Meeting of the 4th Meeting in the 50th Session of Parliament, he said banks have for over two decades
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