Drought insurance  Key to food security

  As the country continues to face adverse effects of climate change that has negatively  affected  agriculture output, some farmers have come in the open to request for drought insurance which they say is crucial to their survival Business News has learnt. This year Malawi experienced effects adverse weather conditions which included erratic rainfall,dry spells…

Ministry outlines MIF 2018 objectives

Minister of Industry, Trade and Tourism Henry Mussa says the Malawi Investment Forum (MIF) 2018 has been designed to facilitate domestic and foreign direct investment. In an  interview, the minister said MIF has proved to be an important platform to market investment and trade opportunities that Malawi has. Said Mussa: “It is now official  that…

Encroachers stall MHC projects

  Encroachment on Malawi Housing Corporation (MHC, especially in Lilongwe, has stalled a housing project. The problem is huge in the city of Lilongwe compared to other areas forcing MHC to abandon its plans to construct houses in Area 38 (Ntaya) as the area is heavily encroached. Of late, Lilongwe has seen illegal land sales…

Malawi Mangoes explores  water transport to cut costs

Malawi Mangoes, a Salima-based large-scale commercial fruit farming and processing enterprise, is exploring water transportation to reduce the cost of exporting its products. The firm’s managing director Charlie Leaper said in an interview yesterday that since Malawi is land-locked, transportation is a huge cost to the company. “For example, in 2017 we entirely depended on…

‘Continental  FTA A boon for Malawi’

Continental Free Trade Area (AfCTA) will open up markets for Malawi’s goods and services within regional trading blocs and Africa as a whole. The ministers—Henry Mussa of Industry, Trade and Tourism and Emmanuel Fabiano of Foreign Affairs and International Cooperation—told journalists in Lilongwe that the launch of AfCTA in Kigali, Rwanda last week, is a…

Tobacco estimates down 12% against demand

  The second round of tobacco production estimates have shown a 12 percent drop against the demand from buyers this growing season. This situation means that the marketing season will likely be shorter and farmers and some tobacco industry experts expect the prices to be better. According to statistics from Tobacco Control Commission (TCC), first…

Jumbe, Uladi join DPP

  The governing Democratic Progressive Party (DPP) has welcomed into its fold legislators Felix Jumbe and Uladi Mussa. The two were unveiled on Monday during a rally in Salima after a groundbreaking ceremony of the China-Africa Textile Company.   Jumbe, who is Salima Central legislator, won the seat on a Malawi Congress Party (MCP) ticket…

Malawi moves to secure its cyber space

  Malawi has set up a computer emergency response team (Cert) at Malawi Communications Regulatory Authority (Macra) to facilitate securing of the country’s cyberspace. In an interview on the sidelines of a three-day Cert workshop in Lilongwe on Wednesday, Macra director of finance Ben Chitsonga said they have invited experts in cyber security  from the…

Area 18 sewage water haunts LWB, LCC

  The Lilongwe Water Board (LWB) says continued  reports of Area 18 residents drinking water contaminated with faecal matter is denting its image as it becomes difficult to convince donors to support new projects. Area 18 is a middle density township in Lilongwe where residents last year took to court the board, the Lilongwe City…