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BUSINESSTwenty-two African countries have sent their heads of state to the third Russia–Africa Summit in Moscow, where leaders are discussing trade, food security, energy, investment and security cooperation. Malawi President Peter Mutharika is not among them. The two-day summit, which opened on Wednesday…
BUSINESSIn times of national adversity, leadership is measured by how courageously it adapts to extraordinary circumstances. Malawi is grappling with persistent foreign-exchange shortages, fuel-supply instability, disruptions to domestic production and the looming impact of El Niño-related weather…
BUSINESSNBS Bank has called on Malawi’s local councils to prove they can collect and manage money well before asking for more of it, saying devolution must transfer responsibility and accountability as well as funds. Speaking in Blantyre on Thursday, Alfred Nhlema, on behalf of the chief executive of NBS…
BUSINESSThe Budget and Finance Committee of Parliament has criticised the decision to postpone the mid-year budget review meeting, warning that without it lawmakers cannot judge whether the budget is achieving its intended results. Committee chairperson Sosten Gwengwe said the review was needed to…