Relief as electricity prices maintained

Despite fundamentals that guide pricing of electricity qualifying the product for a potential price increase, the Malawi Energy Regulatory Authority (Mera) has decided to cushion consumers through the Price Stabilisation Fund. According to Mera, applying economic fundamentals to the Automatic Tariff Adjustment Formula (Ataf) resulted into a potential price hike of -8.27 percent. The regulator […]

Vice-President dares businesses on India/Africa trade

Vice-President Saulos Chilima has challenged delegates attending the 13th Confederation of Indian Industry to make the most of the India/Africa trade partnership which has a market potential of $5 trillion. Chilima said tapping into this market to its fullest potential would require removing trade barriers that are hindering growth. He was speaking when he delivered […]

Inflation now at 8.1%

Despite a process to rebase the Consumer Price Index (CPI), year on year inflation is still holding within single digits recorded at 8.1 percent in January, according to latest figures released by the National Statistical Office (NSO). Food inflation is at 7.6 percent while non-food inflation was recorded at 9.6 percent. The urban month-on-month inflation […]

Chartered Institute of Marketing moves to bridge skills gap

The Chartered Institute of Marketing (CIM) has launched short-term training programmes aimed at sharpening skills of marketers in the country. As the governing body of marketers in the country, CIM is mandated to ensure that marketers are exposed to the latest marketing information and skills. A press statement from CIM says, historically, such insights were […]

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