The Magwero Industrial Park whose project was launched on Saturday in Lilongwe is projected to generate about $600 million (K1.1 trillion) in annual revenue from manufactured products. That is more than what tobacco currently generates as the state of the art facility is expected to support 15 000 direct jobs. This is according to the
Some Malawi Stock Exchange (MSE)-listed firms are bracing for a challenging year due to mounting pressure on the economy characterised by high inflation and interest rates, foreign exchange scarcity and a cost of living crisis. An analysis of published accounts of seven firms out of the 16 on MSE, namely Nico Holdings plc, NBS Bank
Nico Life Insurance Company Limited outgoing chief executive officer (CEO) Eric Chapola says Malawi needs insurance-friendly laws to fully benefit from the industry whose penetration is at less than three percent. Speaking on the sidelines of his farewell dinner and dance on Friday in Blantyre hosted by Nico Group, he said there are a lot
Mixed prospects for firms in 2023 - The Nation Online mwnation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mwnation.com Daily Mail and Mail on Sunday newspapers.
8 counters loseshare value on MSE - The Nation Online mwnation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mwnation.com Daily Mail and Mail on Sunday newspapers.