Business
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CFTC probes FMB’s acquisition of OBM
August 23, 2017
CFTC probes FMB’s acquisition of OBM
The Competition and Fair Trading Commission (CFTC) is probing the impact of the takeover of Opportunity Bank of Malawi…
World Bank sees hope on MGDS III
August 22, 2017
World Bank sees hope on MGDS III
New World Bank Malawi country manager Greg Toulmin has said the Brettonwood institution is banking hopes on the Malawi Growth…
RBM to maintain falling inflation, kwacha stability
August 22, 2017
RBM to maintain falling inflation, kwacha stability
The Reserve Bank of Malawi (RBM) has vowed to continue with the tight monetary policy to maintain the trajectory taken…
Fuel transporters decry poor port services
August 22, 2017
Fuel transporters decry poor port services
Fuel transporters loading fuel at the Dar es Salaam Port in Tanzania have bemoaned the non-working conditions of fuel tanks…
Malawi still underinsured, penetration at 1.4%—RBM
August 21, 2017
Malawi still underinsured, penetration at 1.4%—RBM
The number of people on insurance in Malawi is at 240 000 against a population of 17 million, with a…
What is in Nacala corridor for Malawi?
August 21, 2017
What is in Nacala corridor for Malawi?
On Friday, Malawi inaugurated the country’s part of Nacala Corridor; the Kachaso-Nkaya railway section of the $4.9 billion (about…
Investment bank to open September
August 21, 2017
Investment bank to open September
Malawi is this September set to open the Malawi Investment Bank to promote local investment and maximise production of…
Tobacco loses its charm, earnings drop 23%
August 19, 2017
Tobacco loses its charm, earnings drop 23%
Revenue from tobacco—Malawi’s main foreign exchange earner—has slumped by 23 percent to $212 million (K155 billion) this year from last…
EDF to support locals in mining ventures
August 19, 2017
EDF to support locals in mining ventures
Export Development Fund (EDF), a development finance institution with a particular focus on exports, has said it wants local investors…
Capacity inadequacy affecting Malawi’s mining sector
August 18, 2017
Capacity inadequacy affecting Malawi’s mining sector
Minister of Natural Resources, Energy and Mining Aggrey Masi says lack of capacity to deal with issues of mining…