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Malawi outlines budget challenges

Malawi outlines budget challenges

Secretary to the Treasury Newby Kumwembe has outlined challenges and risks to the smooth implementation of the 2013/14 budget and…
‘People eating wild tubers to survive hunger’

‘People eating wild tubers to survive hunger’

Hunger and poverty have reached alarming levels in the country with some households coping with the situation by eating wild…
Malawi stagnates in livestock sector

Malawi stagnates in livestock sector

  Malawi Deputy Minister of Agriculture Ulemu Chilapondwa says the country stagnated in the livestock sector because of inadequate emphasis…
NITL, Standard Bank push up Masi

NITL, Standard Bank push up Masi

The country’s only stock market, the Malawi Stock Exchange (MSE), was marginally bullish during the week ending December 13 due…
Aid freeze to hit hard poor Malawians—CFSC

Aid freeze to hit hard poor Malawians—CFSC

The Lilongwe-based Centre for Social Concern (CfSC) has warned that the current withholding of budget support by Malawi’s major development…
Malawi to institute ‘comprehensive’ forensic audit

Malawi to institute ‘comprehensive’ forensic audit

Malawi says it will conduct a ‘comprehensive’ forensic audit of the Integrated Financial Management Information Systems (Ifmis) from 2005 when the…
World Bank donates 568 000 secondary school textbooks

World Bank donates 568 000 secondary school textbooks

Government of Malawi has received 568 000 secondary school textbooks worth K2.9 billion from World Bank. The books are expected…
Cashgate impact on economy worries Mkwezalamba

Cashgate impact on economy worries Mkwezalamba

Malawi Finance Minister Maxwell Mkwezalamba, has told Business News that he is worried with the likely erosion of economic gains…
Kwacha fall to push inflation to 28.6%

Kwacha fall to push inflation to 28.6%

The depreciation of the kwacha is expected to push up the 2013 average inflation rate to 28.6 percent from 26.9…
Muscco links VSL groups to Saccos

Muscco links VSL groups to Saccos

Malawi Union of Savings and Credit Co-operatives (Muscco) says the village savings loan groups (VSL) that are sprouting in communities…
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