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Mbeya Best VI in finals of FISD International Volleyball Tourney

September 29th, 2022 Malawi

Business News


Bybit Next Level 2022 — Becoming the ‘Crypto Ark’ of the World

Posted on: September 6th, 2022 Maravi Post

VICTORIA, Seychelles, 6 September 2022 -/African Media Agency(AMA)/- Ben Zhou, co-founder and CEO of Bybit, the third most visited cryptocurrency exchange in the world, celebrated a stream of new products and milestones in his mid-year review. He also shared details of new product arrivals at Bybit including a debit card, and wallet.  Recent Significant Milestones     10 million users […]


Government considers resuming MDC

Posted on: August 18th, 2022 Malawi Times News

The government is contemplating on resuming operations of the Malawi Development Corporation (MDC) to promote its interventions in businesses and promote production. MDC, a fully government owned and controlled profit-oriented entity, was established in 1964 but became defunct in 2000. Speaking in the just ended Parliament meeting, Minister of Finance and Economic Affairs Sosten Gwengwe …


Malawi Intensifies Trade Harmonisation

Posted on: August 26th, 2022 Malawi Freedom network

Minister of Trade and Industry Mark Katsonga Phiri, hosted High Commissioners for Zambia and Mozambique on Thursday. Top on the agenda was the simplification and harmonisation of trade protocols. Speaking during the ceremony, Zambian Ambassador to Malawi, Panji Kaunda, said the time is ripe for the two countries to join hands in making sure that […]


Private sector credit demand rises, hits K899bn 

Posted on: August 27th, 2022 Malawi Nation News

The Reserve Bank of Malawi (RBM) says annual growth in private sector credit accelerated to 21.8 percent in May 2022 from 13.3 percent in April 2021and 20.5 percent in a corresponding month of 2021. On a monthly basis, the stock of private sector credit increased by K80.4 billion or 9.8 percent to K899.9 billion in […]


Bybit Launchpad 2.0 to Diamond Launch Coin (DLC) IEO

Posted on: September 6th, 2022 Maravi Post

SINGAPORE, 6 September 2022 -/African Media Agency(AMA)/- Bybit, one of the world’s fastest-growing crypto exchanges, will list DLC, the utility token of Diamond Launch, on Bybit Launchpad 2.0. Diamond Launch is an initial digital asset offering (IDO) protocol and a multi-chain IDO distribution platform. To provide a secure environment for all investors who access the Diamond Launch ecosystem, Diamond […]


Petrol price reduced by 200 Malawi Kwacha

Posted on: September 14th, 2022 Malawi 24

The Malawi Energy Regulatory Authority (MERA) has reduced the pump price of petrol by K200, from K1,946 per litre to 1,746 per litre. The reduction represents a 10.25 percent decrease. According to a statement which MERA has released today, prices of diesel and paraffin have been maintained at K1,920 and K1,261 per litre respectively. MERA […]


Sunbird donates K5 million towards Presidential Charity Golf Initiative

Posted on: September 20th, 2022 Malawi 24

Sunbird Hotel and Resorts has made a contribution of K5 million towards the Presidential Charity Golf initiative scheduled for 8th October, 2022 at Lilongwe Golf Club where President Lazarus Chakwera and his vice, Saulos Chilima, are expected to participate in a bid to raise K250 milllion. President Chakwera introduced the initiative with an aim of […]


Castel Malawi hikes alcohol prices

Posted on: August 31st, 2022 Malawi 24

Castel Malawi has raised prices of beers, spirits and alcomix, saying the devaluation of the Kwacha and scarcity of forex has led to a high cost of production. In a letter to partners, Castel’s Head of Sales Nelson Zoto Banda has announced the increase in prices which are effective tomorrow, 1st September, 2022. “The company […]


Girls, young women empowered with business skills in Lilongwe

Posted on: September 12th, 2022 Nyasa Times

Girls Empowerment Network (GENET) has empowered 50 girls and young women in Lilongwe with business skills, in a quest for them to venture into various businesses of their choice and become financially independent. 25 of the girls and young women are from the area of Traditional Authority (T/A) Tsabango and the other 25 are from […]



Posted on: September 6th, 2022 Malawi Freedom network

Coca-Cola Beverages Africa says it has created over three hundred jobs following the acquisition of a non-alcoholic beverage category-Southern Bottlers Limited (SOBO) from Castel Malawi Limited. The company’s Chief Executive Officer, Seuloodi Thaanyane, has told MBC in an interview as the company rolls out its operations in Lilongwe where it will be headquartered. “Normally when […]

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The Africa Green Hydrogen Forum

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