Malawi’s TNM predicts huge loss in after-tax profit
Company secretary cautions that the projections are based on a trading update and attributed to the impact of weakened local currency.
1:50
COMESA urges governments to subsidise telecoms infrastructure
Regional bloc expresses concern over high cost of mobile phone services, including data, and emphasises infrastructure sharing as a solution.
2:20
Malawi: Malcel readies to take on Airtel, TNM
Country’s newest operator is home-grown and has committed to invest US$280-million in its operations.
1:50
Malawi’s TNM enforces 20% increase in tariffs
The increase on price of voice and data services is effective from today.
2:00
Malawi telcos dealt heavy blow with Kwacha devaluation
Telekom Networks Malawi and Airtel Malawi both project subdued results for half-year ended 30 June.
1:40
Major investor drops Malawi Telecommunications Ltd
Malawi Stock Exchange-listed Press Corporation confirms decision, but offers little detail regarding the move.
2:10
Malawi’s TNM preps for challenging economic times ahead
Mobile operator cites foreign currency shortage, volatile exchange rate and sustained cost pressure on margins.
1:50
Malawi’s TNM not feeling the COVID-19 heat
Company confident it will deliver positive results, says its customer base has increased by 26% to 4.5 million over the last six months of this year.
1:40
TNM, Airtel Malawi urge govt to help combat mobile money fraud
Companies argue that the use of mobile devices in prisons is a likely source.
1:20
Malawi's TNM has invested US$39m in telecoms infrastructure
Part of the company’s ongoing effort to digitally transform and strengthen operations amid ongoing challenges.
1:30
Malawi’s central bank blames pandemic for drop in Fintech use
Reserve Bank releases report confirming decrease in volume generated by all electronic payment streams.
1:30
MTL profit hit hard by pandemic
Government puts pressure on holding company to quickly address the issue.