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Business News
2015/16 budget difficult to sell, says Goodall
Finance, Economic Planning and Development Minister Goodall Gondwe yesterday warned that the forthcoming 2015/16 budget will be “difficult to sell…
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Business News
Malawi to hosts farmer-to-farmer exchange programme
The Civil Society Agriculture Network (Cisanet), in collaboration with Action Aid, hosted a two-day Eastern and Southern Africa Food Security…
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Business News
MSB faces March 31 D-Day to recapitalise
Wholly State-owned commercial bank, Malawi Savings Bank (MSB), faces a March 31 2015 deadline to recapitalise or risk closure, Minister…
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Business News
Britain wants more youths in entrepreneurship
British Council country director Reena Johl has said her government will raise more awareness of entrepreneurship among young Malawians and…
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Front Page
Malawi public wage bill up K30bn
The public sector wage bill now stands at K163.3 billion (about $385m), representing an increase of K30 billion (about $70m),…
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Business News
Malawi tobacco experts meet
Malawi’s controversial Integrated Production System (IPS) of growing tobacco, popularly known as contract farming, comes under heavy scrutiny today [Thursday]…
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Business News
Malawi struggles to rehabilitate maize silos
Malawi’s National Food Reserve Agency (NFRA) has said it is grappling to rehabilitate and maintain Kanengo silos, admitting that there…
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Business News
Malawi flushes out illegal traders
Four Malawi Government institutions have joined forces in a seven-day massive campaign to instil sanity and an orderly business conduct…
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Business News
Malawi underutilises European union funds
Director of Debt and Aid in the Ministry of Finance, Economic Planning and Development Peter Simbani on Thursday bemoaned Malawi’s…
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Business News
Govt defends outsourcing of private garages
Minister of Transport and Public Works Francis Kasaila has said his ministry remains optimistic that the outsourcing of private motor…
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Business News
Malawi banks on new system at Road Traffic to boost revenue
The Malawi Traffic Information System (MALTIS) currently being upgraded at the Department of Road Traffic and Safety Services will help…
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Business News
Malawi geophysical survey results out March
Malawi Ministry of Natural Resources, Energy and Mining has hinted that results for the recently conducted airborne geophysical survey are…
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Business News
EU plans no budget support for Malawi
The European Union (EU) yesterday announced the review of its focus areas in the absence of general budget support to…
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Business News
When there is one bidder: the case of MSB deal
On Tuesday morning, Malawians woke up to the news that one of the commercial banks, FDH Bank Limited, has expressed…
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Business News
MRA collects less revenue
The Malawi Revenue Authority (MRA) says gross tax revenues collected during the financial year 2014/15 to date amount to K309.9…
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Business News
Kwacha gains ground further
The local currency, the kwacha continues to gain more ground against major convertibles, appreciating against all major international currencies in…
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Editors Pick
Floods cost road sector K26 billion
A post-disaster needs assessment in transport sector has revealed that the road transport sector requires about $50 million (about K26…
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Business News
Admarc needs K30bn to survive—report
A study conducted by Oxfam Malawi has recommended the re-allocation of K30 billion (US$66.7 million) from Farm Input Subsidy Programme…
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Business News
RBM likely to cut bank rate—Nico Asset
Blantyre-based investment advisory firm Nico Asset Managers has said Reserve Bank of Malawi (RBM) may reduce the bank rate, or…
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Business News
Nasfam urges climate smart agriculture
Malawi’s National Association of Smallholder Farmers (Nasfam) says in the wake of continued ravaging effects of climate change, it will…
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