On Wednesday, the Economist Intelligence Unit (EIU) revised the country’s economic growth projection for 2019 to 4.9 percent. The revision is 10 basis points lower than Treasury’s initial forecast of 5 percent. Nico Asset Managers said in its Monthly Economic Report for July 2019 that the unit revised Malawi’s growth projection after Cyclone Idai caused…
Eric Noel Mtemang’ombe
No easy job for graduates
On a chilly Wednesday on June 6 2016, Golden Peackock Hotel in Lilongwe was home to long, winding rows as youthful Malawians queued for jobs. The Chinese-owned hotel wanted to recruit waiters, bartenders, cleaners, stewards, security guards, receptionists and room attendants with Malawi School Certificate of Education (MSCE). However, some job-seekers stuck in the…
Ministry of Health moves to prevent listeriosis
Ministry of Health (MoH) has scaled up efforts to prevent an outbreak of listeriosis in the country after a World Health Organisation (WHO) declaration of an outbreak in South Africa put sub-Saharan countries on alert. MoH spokesperson Joshua Malango said the ministry has placed health officers at all borders and entry points into Malawi…
Weather shocks might undermine economic performance—analysts
Economic analysts have warned that drought and floods forecast in the 2017/18 growing season might undermine the positive economic growth the country’s economy has experienced since 2016. The analysts were speaking amid a forecast by the Southern Regional Climate Outlook of a repeat of the 2015 weather patterns in which some parts of southern…
MRA donates to NPL Mother’s Fun Run
Malawi Revenue Authority (MRA) has donated medical equipment worth K3 million towards this year’s Nation Publications Limited (NPL) Mother’s Day Fun Run. Speaking at a ceremony at MRA offices in Blantyre on Wednesday, MRA corporate social responsibility officer Emma Mwasinga said the donation is an expression of the public tax collector’s commitment to improve the…