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Business News
Integrity key to solving cashgate—auditors
The Institute of Internal Auditors in Malawi (IIAM) says unless Malawians working in both public and private sector embrace a…
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Business News
Malawi slams proposed EU tobacco directive
Malawi Minister of Industry and Trade Sosten Gwengwe has criticised the proposed adoption of the revised Tobacco Products Directive (TPD)…
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Business News
Government assesses mining sector
A team of international and local specialists led by the UK-based Land Use Consultants (LUC) is currently undertaking a strategic…
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Front Page
RBM comfortable with forex reserves
The Reserve Bank of Malawi (RBM) says it is at peace with the current foreign exchange position equivalent to 2.07…
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Business News
IMF sees economy rebounding in 2014
The International Monetary Fund (IMF) says the Malawi economy has the potential to recover from the negative impact of cashgate—looting…
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Business News
Malawi investment level down 19 %
Malawi attracted $965 million (K434 billion, at the current exchange rate) worth of investment, but that is 19 percent lower…
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Business News
Malawi rated poorly on economic freedom
The Malawi economy has been rated “mostly unfree” in the 2014 index of Economic Freedom, an annual guide published by…
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Business News
MCCCI blames govt on high interest rates
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) on Tuesday blamed the current wave of high interest rates…
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Business News
MCTU condemns abusive Chinese nationals
The Malawi Congress of Trade Unions (MCTU) has condemned reported cases of abuse of Malawian workers by Chinese managers of…
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Business News
Tobacco 2014 output peaks at 200 million kgs
The Tobacco Control Commission (TCC) preliminary assessment has put the leaf’s output this year at 200 million kilogrammes (kg), way…
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Business News
Kwacha in unstoppable fall
The kwacha continues to lose ground against major trading currencies and has slipped further to K465 to a dollar in…
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Business News
Malawi earns $330m from tobacco exports
Malawi earned $330.9 million [K149 billion, at the current exchange rate] from tobacco exports between July and December 2013, the…
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Business News
Cama accuses RBM for protecting banks
The Consumers Association of Malawi (Cama) executive director John Kapito has accused the Reserve Bank of Malawi (RBM) of promoting…
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Business News
Malawi seeks fair returns from mining investment
A senior government official in the Ministry of Finance says government is currently implementing a number of measures to ensure…
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Business News
Research faults Sadc trade protocol
A research by a Zimbabwe-based AfrAsia Kingdom Bank has described the Southern Africa Development Community (Sadc) trade protocol as weak…
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Front Page
Cashgate darkened the economy in 2013
That cashgate or the looting of huge billions of taxpayers’ money at Capital Hill became a household name for the…
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Business News
Malawi milk producers protest high taxes on dairy products
Milk producers under the Malawi Milk Producers Association (MMPA) have complained about “punitive” taxes on dairy products and equipment, arguing…
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Business News
Airtel Malawi still concerned about high corporate tax
Mobile telecoms operator Airtel Malawi has said it is still concerned over a hike in corporate tax by three percentage…
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Business News
RBM’s new facility to help stressed banks
The Reserve Bank of Malawi (RBM) has introduced a new facility called Lombard which will attract an interest rate of…
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Business News
Malawi loses k100bn through tax breaks
Malawi Government has come under fire over tax incentives currently offered to international mining firms, with a study report revealing…
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