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MRA projects K3.26 trillion profit for 2024-2025 fiscal year

The country's tax enforcers, the Malawi Revenue Authority (MRA) says it is projecting a K3.26 trillion Kwacha profit by the end of the 2024/2025...
Business

Icon Properties profit-after-tax jump to K19.2 billion in 2023

A leading property management company, Icon Properties, which is a subsidiary of NICO Group Company has announced a 14.97 percent increase to K19.2 billion...
Business

Macra commissions three month consultancy to review management of .mw ccTLD

As Malawi accelerates its digital transformation, the Malawi Communications Regulation Authority (MACRA) has commissioned a three-month consultancy ( Internet Stewarts ) to review the...
Business

NBS Bank posts K29.4bn profit

Malawi's leading home-grown commercial bankers, NBS Bank plc has posted a staggering K29.4 billion in profit. However, the Malawi Stock Exchange-listed Bank, which popularly known...
Business

NBM PAL engages Blantyre clients on Pension Act

NBM Pension Administration Limited (NBM PAL), a subsidiary of National Bank of Malawi (NBM) plc, has encouraged individuals to make informed pension choices so...
Business

NBS Bank accredits 56 percent profit growth to good planning, digitization 

Malawi's leading commercial bankers, NBS Bank plc Chief Executive Officer (CEO), Kwanele Ngwenya has attributed the Bank's outstanding performance in the year 2023 to...
Business

Review borrowing, AIP-MCCCI advises government

Malawi Confederation of Chambers of Commerce and Industry (MCCCI) President Dr. Wisely Phiri has advised government to revisit its borrowing, arguing the current state...
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