After posting K10.3bn profit last year, Escom says it has registered K59.6bn loss this year

In a startling admission, the Electricity Supply Corporation of Malawi (Escom) has said it has, this year, registered a loss of K59.6 billion. This is coming after the power utility entity registered a profit of K10.3 billion in 2023. Addressing the Budget and Finance Committee of Parliament in Lilongwe today, Escom Chief Executive Officer Kamkwamba […]

The post After posting K10.3bn profit last year, Escom says it has registered K59.6bn loss this year appeared first on Malawi Nyasa Times – News from Malawi about Malawi.

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