Tags : malawi

Business

New financial institution stirs investment drive

Three years after its incorporation as a public limited company, the Malawi Agricultural and Industrial Investment Corporation (MAIIC), an institution that has stirred excitement among local farmers and entrepreneurs, has posted MK280 million in net profits for the year ending December 31, 2020 after registering a loss of K431 million in 2019. Read more.

Business

Formalizing the quarry mining industry in Malawi

Malawi President Dr. Lazarous Chakwera’s urge for Malawians to diversify their economic activities from relying on agriculture to mining as the country’s source livelihood and economic development has excited artisanal small miners who have called on the government to hone their skills and marketing practices. Read more.

Business

Litter chokes Lake Malawi’s biodiversity

The rising tide of litter being indiscriminately splashed around Lake Malawi’s internationally famed beaches pose serious environmental challenges to marine wildlife, human health, recreational value and tourism quality. The practice is heavily contributing to biodiversity loss, ecological changes, and reduction of the beaches’ aesthetic appeal. Read more.

Business

Malawi positions itself for FDI’s

As investment opportunities continue to unveil themselves in Malawi despite the Covid–19 pandemic, cannabis has also darted onto the scene promising to change the country’s social and economic prospects. Read more.

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