Business News
Business News
UK releases K8.7bn towards health
- Category: Business News
- Published Date
- Written by Dumbani Mzale
Britain’s Department for International Development (DfID) on Thursday announced that it will provide an extra 16 million pounds (around K8.7 billion) towards supporting this year’s health programme in Malawi.
Facts behind unnecessary imports
- Category: Business News
- Published Date
- Written by ALICK NYASULU
On a number of occasions trade officials have tried to restrict certain imports using various tools. Such tools have included bans or import licenses. Treasury has at times put in place some punitive tariffs to discourage such products. The rationale always remain, we can ably produce most of these products at home, and save much needed foreign exchange.
Malawi import cover up 31 percent to 1.6 months
- Category: Business News
- Published Date
- Written by INNOCENT HELEMA
Malawi’s gross foreign exchange reserves have jumped 31 percent from an equivalent of 1.26 months import cover on May 3 to 1.65 months by May 10 indicates Reserve Bank of Malawi (RBM) report.
ICT skills gap in govt disheartening—Ndilowe
- Category: Business News
- Published Date
- Written by Phillip Pemba
Chief Secretary to Malawi Government Hawa Ndilowe on Friday said lack of information, communication and technology (ICT) skills among key staff in government is disheartening.
Malawi worried with stabilising kwacha
- Category: Business News
- Published Date
- Written by INNOCENT HELEMA
The Malawi Government has said it is concerned with how to stabilise the kwacha and has since described it as the most pressing and challenging policy so far.
Malawi tobacco revenue hits $93.26m
- Category: Business News
- Published Date
- Written by INNOCENT HELEMA
Total cumulative tobacco revenue went up by 30 percent in week nine to $93.25 million from $72 milion in the previous week, Malawi’s Auction Holdings Limited (AHL) sales summary has shown.
CDT concerned with low cotton yields
- Category: Business News
- Published Date
- Written by Christopher Jimu
The Cotton Development Trust (CDT) has admitted that Malawi will produce less cotton this year and this will negatively affect on the morale of farmers.
Malawi SMEs must embrace ICT—expert
- Category: Business News
- Published Date
- Written by INNOCENT HELEMA
Small and Medium Enterprises (SMEs) must embrace information and communication technology (ICT) and be organised to take opportunities in value addition, a business expert has said.
MCCCI tips businesses ahead of trade fair
- Category: Business News
- Published Date
- Written by Brenda Twea
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has encouraged businesses ranging from big corporates to small and medium entrepreneurs to re-focus their attention towards industrial production and growth.
Food eases Malawi urban cost of living
- Category: Business News
- Published Date
- Written by INNOCENT HELEMA
Cost of living in Malawi’s four cities has dropped by 0.83 percent from K96 510.75 (about $241) in March to K95 707.50 (about $239) in April on account of food, indicates a report by the Centre for Social Concern (CfSC).
Matthews Mtumbuka
INNOCENT HELEMA
Desmond Dudwa Phiri