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Kwacha drop delays fertiliser plant roll out

The Rural Development Investment (Rudevit) Holdings has shifted the rollout of its organic fertiliser production plant to the third quarter of this year due to devaluation-related cost implications. In an interview on Thursday, Rudevit Holdings managing director Hastings Bofomo Nyirenda said the fertiliser plant, which is located in Chileka, Blantyre, has proved to be costly ....

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DPP's dubious deals clog power sector | The Nation Online

Electricity Supply Corporation of Malawi (Escom) is reviewing over 100 power purchase agreements (PPAs) signed between independent power producers (IPPs) and the disbanded Power Market Limited (PML) during the Peter Mutharika administration. Nineteen of those were signed on the eve of the 2019 Tripartite Elections during the Democratic Progressive Party regime. The power utility company’s ....

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Mulli lawyers irk court in bus depots case | The Nation Online

The High Court’s Financial and Economic Crimes Division yesterday expressed reservations when National Bus Service sought to adjourn the bus depots repossession case despite the other party being ready to proceed. The court had convened to allow the State to parade a witness to prove that assets for the liquidated State-owned Shire Bus Lines were ....

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