One man, three boardrooms: the conflict of interest paralysing Malawi’s power sector

There is a peculiar arithmetic at work in Malawi’s energy sector, and it goes something like this: take three state-owned companies that must, by the nature of their business, negotiate with one another – settling debts, striking power purchase agreements, haggling over tariffs – and then place a single individual at the head of all […]

Malawi govt split Escom again, forms Power Market Limited

Government which split the Electricity Supply Corporation of Malawi (Escom) into two  which led into the creation of Electricity Generation Company (Egenco)  solely responsible for power generation, has also established yet another company – the Power Market Limited (PML). The new firm will now be sourcing power from generators such as Egenco and other independent […]