Search results for 'Malawi'
World
African Capital Markets Update: Positive Outlook Despite Contrasting Performance - Challenges Ahead

In the past week, the All-Share Index rose 7.59%, ranking the best performing stock market in Africa. The bourse registered growth on the back of a remarkable 17% surge in the Utilities sector, primar

Apr 04, 2023
World
A Tale of Financial Woes: Seed Co’s FY Profit More than Halve

Agricultural concern outfit, Seed Co International Limited, a leading certified seed company involved in the breeding, multiplication, and distribution of mainly hybrid seed varieties, recorded a sign

Jul 04, 2023
Companies
Regional Challenges Weigh on Axia's Q1 FY25 Performance

Axia Corporation, a diversified retail conglomerate, reported subdued performance in its regional markets of Malawi and Zambia, characterized by declining revenues and volumes. The company's key perf

Nov 18, 2024
Companies
Distribution Group Africa Set to Restructure and Realign Performance with Revenues

Distribution Group Africa (DGA), a vital arm of Axia Corporation Limited operating across Zimbabwe, Malawi, and Zambia, is embarking on a strategic restructuring to reverse declining revenues and alig

Mar 24, 2025
Companies
Insurance Service Growth, Malawi Investments Lift Fidelity Life’s H1 Profit

Diversified ZSE-3listed insurer Fidelity Life Assurance of Zimbabwe (FLA) has posted a 14% increase in after-tax profit of USD6.0 million for the six months ended 30 June 2025 from  from USD5.2 millio

Sep 19, 2025
Zimbabwe
Fuel Price Developments in Zimbabwe Exposes A System in Crisis

Ultimately, the ZiG remains an unreliable store of value and a symbol of the country’s economic mismanagement. If Zimbabwe’s currency had life and the backing it claims, it would have responded to the

Mar 20, 2026
Companies
Fidelity Life Profit Doubles as Funeral Services, Malawi Operations Scale

Fidelity Life Assurance of Zimbabwe, operating under the FLA Group, has reported profit of US$2.95 million for the first quarter ended 31 March 2026, more than doubling from US$1.38 million in the sam

May 15, 2026
Companies
First Mutual's Profit More Than Doubles as Malawi and Funeral Services Scale

First Mutual Holdings Limited has reported profit growth of more than 100% for the first quarter ended 31 March 2026, rising from US$1.38 million to US$2.95 million, driven by insurance contract reven

May 18, 2026

Top Stories

Zambia's Green Pivot: Unpacking Chisamba’s Ambitious Milestone

Zambia commissioned the 100MW second phase of the Chisamba Solar Power Plant on 21 July 2026, doubling installed capacity at the Central Province site to 200MW and creating the country’s largest solar

9 hours ago

From Household Security to Breadbasket:How Pfumvudza Can Unlock Zimbabwe’s Agricultural Scale

Zimbabwe's Pfumvudza/Intwasa programme has done what it was designed to do, delivering a bumper harvest, turning Zimbabwe’s 2024 cereal deficit story into a surplus one.  The 2025/26 summer season pro

14 hours ago

Zimbabwe’s Lithium Rail Service Intensifies Regional Port Competition

The National Railways of Zimbabwe, Beitbridge Bulawayo Railway and logistics company Silvergill have transported the first 1,000 tonnes of lithium concentrate from Tsingshan Holding Group’s Gwanda Lit

14 hours ago

Competition Watchdog Flags Exchange Deals as Dairibord Sale Looms

The Competition and Tariff Commission has warned investors, listed companies, stockbrokers and corporate advisers that acquisitions through the Zimbabwe Stock Exchange and Victoria Falls Stock Exchan

14 hours ago

Zimbabwe 2026 Tobacco Marketing Season Nears Close With 400 Million Kilogram Target Unmet

The Tobacco Industry and Marketing Board will close Zimbabwe’s 2026 auction tobacco floors on Friday, 31 July, after cumulative national sales reached 354.10 million kilograms by selling day 95 on 20

15 hours ago

Prospect Resources Extends High-Grade Copper at Nyungu Central in Zambia

Prospect Resources has extended high grade copper mineralisation beyond the current Mineral Resource Estimate at its flagship Nyungu Central deposit in Zambia after step out drilling intersected 44 me

1 day ago

Zimbabwe’s Gold Windfall Narrows as Fidelity Price Falls 25% From January Peak

Zimbabwe’s official Fire Assay cash buying price decreased 25.3% to US$3,764.15 per ounce on 21 July 2026 from a 2026 peak of US$5,041.57 per ounce on 29 January, reducing the revenue generated from e

1 day ago

Eureka Gold Mine Commissions First
5.4MW of 16.4MW Solar Plant

Eureka Gold Mine, a subsidiary of Padenga Holdings' Dallaglio Investments has commissioned the first 5.4MW phase of a planned 16.4MW solar power plant after investing about US$4.5 million according to

1 day ago