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…
With just hours left to Christmas, shoppers were left scrambling for last-minute dAY shopping in the country’s major cities of Blantyre, Lilongwe and Mzuzu. Business News observed hundreds of shoppers in and out of supermarkets and produce markets in last-minute Christmas shopping, making sure they got everything for everyone on their list. From live chickens,…
Panellists to a debate on fighting corruption in the country on Saturday proposed harmonising the Corrupt Practices Act (CPA) and Financial Crimes Act to enhance efforts to bust corruption. During the debate under the theme Winning the Fight Against Corruption in Malawi Has to Start With Me in Mzuzu, the panellists exposed gaps in the…
There is slow progress on the construction of K553.6 million Chakazi Bridge in Mzimba, a development that is crippling the transport system in the district. The situation on the ground is contrary to statements by Minister of Transport and Public Works Jappie Mhango who on Monday said construction of the bridge is on track. He…
The Opec Fund for International Development (Ofid) has approved a $12 million (about K8.8 billion) public sector loan agreement for Nkhata Bay Town Water Supply and Sanitation Project. The project, to be implemented by Northern Region Water Board (NRWB), seeks to improve healthy living standards for 125 000 people in the district. It comes barely…
Staff Reporter Ministry of Transport and Public Works says government has invested K4 billion in the construction of reinforced concrete bridges in rural areas across the country to ease mobility. The bridges under the scheme are replacing timber decked ones which were susceptible to weather-related shocks, including flooding. Currently, about 97 bridges have been upgraded…
The Episcopal Conference of Malawi (ECM) has made a fresh appeal to the Catholic faithful to reflect on the contents of the April 2018 Pastoral Letter as the May 21 2019 Tripartite Elections approach ECM secretary general the Reverend Henry Saindi made the call on Saturday during St. John’s College of Nursing and Midwifery 55…
St John’s College of Nursing and Midwifery has changed its name to St. John’s Institute of Health following an expansion of its programmes. Episcopal Conference of Malawi (ECM) General Secretary Reverend Henry Saindi announced this on Saturday in Mzuzu when the college celebrated 55 years of existence at the St. Peters Cathedral in the city.…
Ntchito yotsimikiza maina m’kaundula wa zisankho za chaka cha m’mawa ili pendapenda kaamba koti anthu ambiri saonetsa chidwi chopita kukaona maina awo. Bungwe la zisankho la Malawi Electoral Commission (MEC) latsimikiza kuti m’maboma momwe ntchitoyi yayamba monga Ntchisi ndi Dedza ndi anthu ochepa omwe apita kukatsimikiza maina awo m’kaundulamo. Anthu ena akuti sadalandire uthenga uliwonse…
The Mines and Minerals Bill, which is yet to be tabled in Parliament, has come under scrutiny from civil society organisations (CSOs) who claim it has failed to incorporate some key recommendations. Although government completed consultations and developed adraft Bill in 2015, which was submitted to the Ministry of Justice andConstitutional Affairs in August the…
Dust is refusing to settle in the tussle between some Rumphi chiefs and the Synod of Livingstonia of the Church of Central Africa Presbyterian (CCAP) with the traditional leaders condemning the synod over the handling of the recent burial of Themba la Mathemba Chilumayembe. The chiefs have since asked the church to apologise for allegedly…
Mkozemkoze adanyula maliro aeni. Sinodi ya Livingstonia yatemetsa nkhwangwa pamwala kuti sipepesa monga momwe mafumu ena m’boma la Rumphi alamulira. Pempho la mafumuwo likudza potsatira chipwirikiti chomwe chidachitika Lachiwiri m’sabatayi poyika m’manda thupi la malemu Chikulamayembe m’bomalo. Sinodiyo idakolana ndi mafumu pa maliro a Chikulamayembe pamene idalamula kuti atsogoleri ena monga wachiwiri kwa mtsogoleri wa…
Bitter political rivalry yesterday marred the funeral service of Paramount Chief Chikulamayembe at Bolero in Rumphi District as it resulted in a clash between the clergy and traditional leaders, threatening to disrupt the service. Tension started building after director of ceremonies Chimbizga Msimuko of taxpayer-funded Malawi Broadcasting Corporation (MBC) clarified on an intervention by…
Traditional leaders in Mzimba on Monday shunned a meeting that sought to disseminate results of a Knowledge, Attitudes and Practices (KAP) survey on the new Customary Land Law in Mzuzu. Konrad Adenauer Stiftung (KAS), a Germany-based development partner, organised the meeting. Speaking during the meeting, KAS programme coordinator for Zimbabwe and Malawi, Samson Lembani,…