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Business News
Kwacha stability critical
The Malawi kwacha, which has somewhat stabilised in July thanks to tobacco and donor inflows, marginally lost value against all…
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Business News
PCL H1 profit to jump 70%
From the look of things, most of the Malawi Stock Exchange (MSE)—listed companies will enjoy good tidings based on the…
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Business News
Malawi tobacco revenue to beat target
With only a month to the closure of this year’s tobacco marketing season, the leaf’s revenue is fast rising and…
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Business News
Iata, DCA to review Malawian Airlines plan
Ethiopian Airlines Limited, a strategic equity partner in Malawian Airlines Limited with 49 percent shareholding, will have to get a…
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Malawi inflation eases to 27.9%
Malawi’s year-on-year inflation rate for June dropped 3.1 percentage points to 27.9 percent from 31 percent in May, the National…
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Globe Metals appoints CEO as MD
Globe Metals and Mining, the Australian Stock Exchange (ASX)—listed company exploring for niobium at Kanyika in Mzimba has appointed the…
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Business News
Standard Bank named best investment bank in Africa
Standard Bank has been named best investment bank in Africa, as well as the best bank in South Africa by…
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Business News
Real’s H1 profit to jump 20%
Real Insurance Company of Malawi Limited expects its half-year performance and profitability to be more than 20 percent compared to…
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Seed Co Malawi unveils $7m expansion plans
Seed Co Malawi, a wholly-owned subsidiary of Zimbabwe Stock Exchange (ZSE)-listed Seed Co Limited, has unveiled plans for a $7…
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Business News
NBM introduces pay day loan scheme
National Bank of Malawi (NBM), the biggest Malawi Stock Exchange (MSE)-listed bank in terms of assets, has introduced pay day…
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Business News
Three counters close higher on MSE
The Malawi All Share Index (Masi), the overall measure of Malawi Stock Exchange (MSE) performance, went up 12.18 points…
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Business News
MSE raises K2 billion
The 14-counter Malawi Stock Exchange (MSE) raised K2.1 billion ($5.5 million) in the second quarter (Q2) of this year,…
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Business News
TEA EXPORT REVENUE AT $11.9 MILLION
Cumulative export revenue for Tea, one of the country’s foreign currency earners, stood at $11.9 million out of 15.6 million…
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Standard Bank 1H profit up 30%
Standard Bank says its profit for the half year ended June 30 2013 is expected to be more than 30…
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National News
Ethiopian invests $20m in Malawi Airlines
Ethiopian Airlines Limited, a strategic equity partner in the national flag carrier with 49 percent stake, has invested $20 million…
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Business News
Budget delicate balance on MDGS II, ERP, NES
The K630 billion ($1.5bn 2013/14 budget has endeavoured to strike a balance between poverty reduction and private sector growth, in…
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Business News
MRA impounds goods worth K40m
The Malawi Revenue Authority (MRA) on Tuesday impounded a truck loaded with copper wires and copper scraps worth more than…
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Business News
Malawi legislation to curb govt borrowing
Malawi Government, reeling from the K170.6 billion (about $426.5m) domestic debt in the 2012/13 fiscal year, is mulling on a…
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Business News
PCL delves into solar energy generation
Dual-listed Malawi conglomerate Press Corporation Limited (PCL) has unveiled plans that will see the group seriously delving into solar…
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Business News
Cotton trade transforms farmers’ lives
Aumel Jamu was once a vibrant trader plying his business inside Balaka Market. However, a misfortune befell him when, in…
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