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Defaulters dragged to court over K3bn unpaid rates

Defaulters dragged to court over K3bn unpaid rates

Lilongwe City Council (LCC) has asked the High Court of Malawi to help it collect K3 billion from city rate…
NBS Bank K7bn bond to finance road construction

NBS Bank K7bn bond to finance road construction

NBS Bank plc has issued a K7 billion Roads Bond Facility with the Roads Fund Administration (RFA) to finance the…
Inflation hits single digit

Inflation hits single digit

  Malawi’s inflation as measured by the Consumer Price Index (CPI) has hit a single digit of 9.3 percent, the…
Masm slowly losing the plot, relevance

Masm slowly losing the plot, relevance

  When I look at the manner the Medical Aid Society of Malawi (Masm), the country’s dominant provider of health…
Tangerine imports from Mozambique flood market

Tangerine imports from Mozambique flood market

  Tangerine farmers in Neno and Mwanza risk losing their livelihood from the crop following an influx of the fruit’s…
Ministry warns illegal property developers

Ministry warns illegal property developers

  The Ministry of Lands, Housing and Urban Development has warned illegal property developers that they risk having their properties…
Wage bill rise sustainable—IMF

Wage bill rise sustainable—IMF

  The International Monetary Fund (IMF) has backed the increase in the wage bill, saying it will not change the…
Admarc admits market malpractices, suspends staff

Admarc admits market malpractices, suspends staff

  State produce trader Agricultural Development and Marketing Corporation (Admarc) has admitted malpractices in its markets perpetrated by its officials…
China to help Malawi grow its tourism sector

China to help Malawi grow its tourism sector

  Chinese Ambassador Shi Ting Wang says his country will help to grow Malawi’s tourism sector, stressing that Malawi has…
Reserve Bank sees continued kwacha stability

Reserve Bank sees continued kwacha stability

  The Reserve Bank of Malawi (RBM) has expressed confidence that the kwacha and the exchange rate will remain stable…
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