Yet another survey on investment destinations and businessenvironment in general has poorly ranked Malawi. Through its banner headline last Thursday, Business Review said it all: ‘Malawi riskiest investment destination in the region’. Now this is serious. In fact, it is no laughing matter. Perhaps, a good starting point to see where, as a country, we…

With less than four months to go to the May 20 2014 Tripartite Elections when Malawians will elect their president, members of Parliament (MPs) and ward councillors, the political temperature is rapidly rising. No day passes without party X or Y making a statement or addressing a campaign rally disguised as “development rally” or mere…

To many Malawians, making a call or sending a text message has become a luxury as very few of them can afford. No wonder, the ‘please call’ back service introduced by network operators is probably the most frequently dialled code. Many other subscribers, especially those whose handsets are Internet-enabled, have found a cheaper and instant…

News about the commissioning of the much-talked about phase two of the Kapichira Hydro-Electric Power project in Chikhwawa should be exciting and a relief to electricity users in the country who have been subjected to living without power half the time. Call me a doubting Thomas, but personally, though, from previous experiences, I will keep…

In life, it is not often that people give credit where it is due, taking time off to pat one on the back for a job well done. Even in the workplace, very few superiors take time to motivate their subordinates with a simple verbal appreciation such as: “Well done!” or ‘Keep it up!” Yet,…

If you are reading this, be very grateful to God the Almighty for allowing you and me to make it into the brand New Year 2014. Thank you God for the gift of life, we do not take this for granted. Traditionally, the dawn of a New Year across the world is characterised by merry-making…

Finally, the Malawi Energy Regulatory Authority (Mera) and the Electricity Supply Corporation of Malawi (Escom) last week kicked off their “road shows” disguised as “public hearings” to offer stakeholders an opportunity to give input into Escom’s proposal to raise electricity tariffs. Escom has applied for an average increase of K18.34 per unit of electricity to…

From Monday December 9 2013, the Reserve Bank of Malawi in partnership with stakeholders in the financial services sector is holding the first-ever National Financial Literacy Week. The week will close on Friday, December 13 2013. Why the National Financial Literacy Week? Basically, the main objective of the week is to sensitise Malawians on benefits of…

Things do not look good for the Malawian consumer in the short to medium term. With Christmas and New Year festivities around the corner, the kwacha is on a free-fall, eroding consumers’ buying power. From the look of things, at the rate the kwacha is depreciating against the dollar and other trading currencies, the textbook…

They are at it again. The Malawi Energy Regulatory Authority (Mera) and the Electricity Supply Corporation of Malawi (Escom) have embarked on an exercise to seek input from stakeholders, including electricity users, on Escom’s proposed tariff hike. Escom has apparently applied for an average increase of K18.34 per unit of electricity to be implemented between…

It is official. Malawi’s major donors under the banner of the Common Approach to Budgetary Support (Cabs) have frozen their aid or budget support. Traditionally, donors have been bankrolling between 30 percent and 40 percent of our national budget over the years, with ourselves putting in the remaining 60 or so percent. Who makes up…

From time immemorial, I have always wondered why many of our businesses, especially shops, behave like printed books whose contents hardly change once published and put on shelves. In our major cities, it is a familiar experience to see shops opening around 8am or 9am before closing shop, ostensibly for lunch, around midday and reopen again at 1.30pm or even 2pm…

In 2009 or thereabouts, courtesy of the performance of the Electricity Supply Corporation of Malawi (Escom), Malawi earned itself an unenviable feat of having the worst reliability record in terms of power supply. That time, the country had an equivalent of 63 days of power outages in a year of 365 days, which was described…

Forensic audit has become such a magic and trendy term that a day hardly passes without hearing it several times in people’s conversations or in the media in general. The term has become so popular that given some Malawians’ penchant for terms in the news, I will not be surprised to hear, in a couple…

In an ideal situation, principles of demand and supply tell us that where demand is higher than supply, then, naturally, the price of a commodity goes up. Conversely, when supply surpasses demand, prices of commodities go down. Now, picture this situation: The kwacha has depreciated by 16 percent against the dollar since peaking in June…

Malawian among 2013 Black Business Achievers

United States of America (USA)-based Malawian entrepreneur Chauncy Mopho Jere was on September 28 named among the 2013 Black Business Achievers during an awards gala held in Nottingham, United Kingdom (UK). Jere, who owns Robert Brown Consulting Group (RBCG) comprising a team of consultants focusing on serving the comprehensive needs of businesses in the full…

In August this year, when Standard Bank (Malawi) Limited ruled out the possibility of the economy experiencing massive, or what I prefer to call volatile,depreciation of the kwacha during the lean period or as the country moves into the lean period, I said I would only believe it if the Reserve Bank of Malawi (RBM)…