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President Lazarus Chakwera has called for investment in strategic sectors of agriculture, tourism and mining as they have potential to boost the country’s economic growth. He said this yesterday at Bingu International Convention Centre in Lilongwe during the second edition of the Malawi Investment Summit. The summit brought together industry experts from different sectors to
Natural disasters have claimed about 5 527 people and cost the economy an estimated K1.29 trillion between 2015 and 2023, an analysis has shown. For Malawi to fully recover, experts say it will cost about K2.66 trillion. However, funding challenges have frustrated such recovery efforts as other disasters have left the country in dire stress
Former United Democratic Front (UDF) president Atupele Muluzi yesterday said he is ready to bounce back into active politics to serve Malawians. He gave the hint during a rally to celebrate 30 years of UDF’s existence at Nyambadwe Primary School ground in Blantyre, about one year after announcing his retirement from active politics to focus
Lawlessness, obscenity and rottenness. That sums up what the largest waste dumping site neighbourhood in Lilongwe has become. The landfill is what no one cherishes to have as a neighbour. But there it is; sitting heavy on several hectares of prime land in Area 38 and subjecting hundreds of residents to some hell. Of course,
Illovo Sugar (Malawi) plc has posted a K33.7 billion profit in the half-year period ended February 28, up from the K9.2 billion reported for the same period last year, published financial statements from the firm show. The Malawi Stock Exchange (MSE)-listed sugar manufacturer, in its financial results for the six months ending February 28 2023