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Business News
Monsanto misses seed sales target
As the crop growing season draws closer, Monsanto Malawi, an integrated agriculture solutions provider, says it did not achieve the…
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Business News
Malawi Airlines cirtification under DCA scrutiny
Malawians will still have to wait longer before they start enjoying the services of Malawian Airlines Limited as the partnership…
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Business News
Kayelekera Mine output 9% below budget
Production at Kayelekera Uranium Mine (KM) in Karonga at 614 603 pounds [279 tonnes] for the September quarter was nine…
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Business News
Nico General settles K1bn Eastern Produce claim
Nico General Insurance, a subsidiary of listed financial services group Nico Holdings Limited has finally settled a claim of over…
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Business News
Sanlam buys 49% stake in Nico subsidiaries
Sanlam Emerging Markets (Proprietary) Limited, a South African-based life insurer, is expected to acquire 49 percent stake in each of…
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Stock market raises K359m
Amid continued demand for shares on the Malawi Stock Exchange (MSE), the 14-counter local shares market raised K359 million [$941…
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Business News
Basel II rollout: Ecobank Malawi ups capital
With only two months to Basel II roll-out in January 2014, shareholders of Ecobank Malawi Limited have pumped in $5 million (K1.9…
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Business News
Standard Bank appoints new CEO
Standard Bank Malawi Limited has appointed Andrew Mashanda as the new chief executive officer (CEO), taking over from Charles Mudiwa…
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Business News
Lynas Corp keen to resolve mine wrangle
Lynas Corporation Limited says it will continue to work with the Malawi Government to resolve issues of ownership affecting Kangankunde…
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Business News
Ecobank Malawi appoints Asiedu as acting MD
Ecobank Malawi, a subsidiary of Ecobank Transnational Incorporated (ETI), has appointed Charles Asiedu as the bank’s acting managing director (MD)…
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Business News
Listed companies post good half-year results
The 14-counter Malawi Stock Exchange (MSE) remained buoyant in the third quarter (July—September) of 2013, thanks to good half-year results…
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Business News
Government says IPS stabilises tobacco market
Malawi Government says the introduction of Integrated Production System (IPS)—a contract system of tobacco growing and marketing approved in 2012—has…
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Business News
Demand for stocks on the rise
Demand for shares on the Malawi Stock Exchange (MSE) continues as reflected in most of the counters with no volumes…
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Business News
Credit bureau act execution critical
Competition and Fair Trading Commission (CFTC) has asked the Reserve Bank of Malawi (RBM) to develop proper regulations to ensure…
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Business News
Paladin to cut costs, lay off workers at Kayelekera Mine
Dual-listed Paladin Energy Limited,owners of Kayelekera Mine (KUM) in Karonga through its subsidiary Paladin Africa Limited, has announced a reduction…
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Business News
Malawi faces four key policy challenges
A latest study commissioned by the global oil firm Puma Energy has exposed four key challenges that policy makers in Malawi…
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Business News
Nico Holdings closes in on General insurance deal
Financial services group, Nico Holdings Limited, is close to clinching a deal for one of its subsidiaries and has indicated…
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Business News
Globe Metals initiates Cost reduction plan
Globe Metals and Mining, the Australian Securities Exchange (ASX)-listed miner exploring for niobium at Kanyika in Mzimba, will continue its…
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Business News
Malawi commercial bank deposits decline
Commercial bank deposits have declined, interbank rates risen while the kwacha has depreciated as the economy enters the lean period…
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Business News
Malawi to benefit from tobacco warehouse at Beira port
Cornelder de Mozambique (CdM), the concessionaire of the Beira port’s major container and general cargo terminals, is building a…
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