The K400 million project to erect a reinforced concrete bridge across Mnjiri River on the M9 Road in Mzimba have stalled, rendering road users helpless. The bridge lies on the road from Mzimba Boma to Embangweni, Edingeni, Manyamula and Madede in the district. While construction of the 32-metre double span reinforced concrete bridge was launched…
Disagreements have arisen between some contracted tobacco growers and buyers over the use of varieties developed by Agricultural Research and Extension Trust (Aret). The growers seized the opportunity to present their problems encountered on the market with Aret-developed varieties during the 2019 Regional Field Day at Moses Nyambosi Village in Bwengu Extension Planning Area in…
The Civil Society Network on Climate Change (Cisonecc) has intensified the promotion of disease and pest resistant crop varieties in Chiweta, Rumphi to encourage women farmers to adopt climate-smart agriculture. The area, whose staple crop is cassava, has been attacked by different pests and diseases, forcing the farmers to start growing maize. But Cisonecc has…
Mmodzi mwa anthu omwe akuzengedwa mlandu wozembetsa mwana wa chialubino wa zaka 14 m’boma la Dedza adamwalira Lachinayi ali m’manja mwa apolisi mzinda wa Lilongwe. Imfa ya Buleya Luke idadza pomwe Amalawi ambiri adali ndi chiyembekezo kuti iyeyu ndi yemwe angaulule komwe kuli msika wa ziwalo za anthu achialubino chifukwa mlanduwu umamukhudza kuti ndi amene…
Anthu achialubino anenetsa kuti achitabe m’bindikiro kunyumba ya boma ya Kamuzu Palace mwezi wa mawa pofuna kukakamiza boma kuti lichitepo kanthu pa za kuphedwa kwawo. Wapampando wa bungwe la Association for People with Albinism in Malawi (Apam) Overstone Kondowe wati m’bindikirowo ulipo kuyambira pa 6 mpaka 8 March, ngakhale nduna ya zachitetezo Nicholas Dausi yapempha…
Malawi’s Common Market for Eastern and Southern Africa (Comesa) annual harmonised inflation rate in December 2018 eased to 10.5 percent down from 10.7 percent in the previous month. Out of the 15 countries, Malawi’s inflation rate finished the year at position 11, according to Comesa’s December Harmonised Consumer Price Index (HCPI) . Malawi’s inflation rate…
The Reserve Bank of Malawi (RBM) has said it will soon name and shame private companies that have not been remitting their employees’ pension contributions to pension fund administrators. The central bank says so far the money private firms are hoarding is about K3 billion. A month ago RBM published a list of 18 statutory…
Increased collection of value added tax (VAT) helped government mobilise nearly K23 billion more than the mid-year target of K470.8 billion. Minister of Finance, Economic Planning and Development Goodall Gondwe said Malawi Revenue Authority (MRA) raised K493.6 billion due to over-performance of VAT and Pay As You Earn (Paye) tax lines. MRA collected Paye amounting…
Canadian-based mineral and exploration company, Mkango Resources Limited, through its subsidiary Lancaster Exploration Limited, has announced a bulk sampling campaign at Songwe Hill Rare Earth project. The miner is expected to ship 60 tonnes sample to Australia laboratories for analysis. In a press statement published on Monday, the company has announced that it is now…
Contradictions have risen over Malawi’s 2019 projected real gross domestic product (GDP) growth government projecting the economy to register a growth rate of seven percent while the World Bank pits growth at 4.3 percent. The bank has further said growth is expected to decelerate by to 5.3 in 2020 and 5.5 in 2021, declining by…
Malawian authorities have banned the importation and selling of Zambia-produced Revin Tangawizi Drink and Revin Natural Power SX High Energy Drink for containing Sildenafil Citrat, an erectile dysfunction drug. Recently, South African Broadcasting Corporation (SABC) reported that the company suspended production after a Ugandan consumer complained of a prolonged erection and profuse sweating. This prompted…
Anthu 21 atsikira kuli chete, pamene ena 100 000 ali kakasi kusowa kopita kutsatira mvula ya mphamvu yomwe yasakaza katundu komanso kusamutsa anthu m’dziko muno. Izitu zachitika kuyambira mwezi wa July chaka chatha mpaka mwezi uno wa January. Malinga ndi nthambi ya boma yoona za ngozi zogwa mwadzidzidzi ya Department of Disaster Management Affairs (Dodma),…
The Competitions and Fair Trading Commission (CFTC) has said it assessed 30 applications for mergers and acquisitions (M&As) and takeovers in 2018. Out of the 30, the commission authorised three local mergers while it reviewed 27 merger transactions notified through the Common Market for Eastern and Southern Africa (Comesa) Competition Commission (CCC). Responding to a…
The Central Medical Stores Trust says it is stressed by financial challenges, a situation which is affecting the cost of its medicines and medical supplies. Speaking to journalists in Mzuzu on Wednesday, CSMT chief executive officer Feston Kaupa said the trust has been budgeting around K22 billion for procurement of medicines against the national requirement…
Economic commentators say they expect the Monetary Policy Committee (MPC) to maintain the policy rate at its next meeting scheduled for January 29 and 30 in Blantyre. The country’s policy rate-the rate at which commercial banks borrow from the central bank-has been at 16 percent since it was last revised downwards by two percentage points…
Government says it plans to upgrade the 45-kilometre Chitipa-Ilomba Border Post Road following massive international trade taking place between Malawi and Tanzania. The road, which passes through Chitipa North and is almost impassable during the rainy season, takes cross-border traders to Tunduma, a town in Tanzania. In an interview on Saturday after commissioning a K39…
Local businesses are focusing more on their trade in the regional markets, the 2018 Malawi Business Climate Survey (MBCS) Report has shown. According to this year’s Malawi Confederation of Chambers of Commerce and Industry (MCCCI) MBCS report, the Southern African Development Community (Sadc) and Common Market of Eastern and Southern Africa (Comesa) remain great opportunities…
The European Investment Bank (EIB) has approved a loan and a grant to finance the rehabilitation of the 350 kilometre (km) M1 Road from Lumbadzi in Lilongwe to Mzimba and from Kacheche in Mzimba to Chiweta in Rumphi. The road is in a bad state with potholes and receding edges, but it seems the routine…
Malawi is one of the countries that is expected to benefit from Common Market for eastern and Southern Africa (Comesa)’s programme aimed at strengthening the management of standards and phytosanitary (SPS) measures in the region. The programme, called Prioritisation of SPS Investments for Market Access (P-IMA) was launched last week in Uganda and will also…
Malawi has scaled down the 300 megawatts (MW) Kam’mwamba Coal-Fired electricity generation project in Neno following the financiers’ decision to reduce the loan amount. Beijing, the financier of the project, has asked Lilongwe to reduce the loan amount for the implementation of the coal fired plant project from about $700 million (about K513 100) to…