Business

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Multimillion kwacha rice milling factory excites government

Multimillion kwacha rice milling factory excites government

Secretary for Agriculture Jeff Luhanga says the multimillion Mpamantha Rice Milling Factory in Nkhotakota to be commissioned mid-next year has…
RBM’s new facility to help stressed banks

RBM’s new facility to help stressed banks

The Reserve Bank of Malawi (RBM) has introduced a new facility called Lombard which will attract an interest rate of…
Malawi exports to Brazil jump 300%

Malawi exports to Brazil jump 300%

Malawi’s total exports to Brazil rose by about 300 percent to an all time high of $8.42 million (K3.7 billion)…
China ready to buy Malawi’s flue cured tobacco

China ready to buy Malawi’s flue cured tobacco

Chinese Ambassador Pan Hejun says China is ready to purchase every leaf of the flue cured tobacco the country can…
Tea earnings drop 31 percent

Tea earnings drop 31 percent

Malawi’s tea earnings up to end-October 2013 dropped by about 31 percent to $13.5 million (about K6 billion) compared to…
Mbewe discovers gold in maize mills

Mbewe discovers gold in maize mills

Somewhere in the township of Mbayani, Blantyre is situated a company by the name Lemke Board Engineering which specialises in…
Cashgate pushes spending by 40%

Cashgate pushes spending by 40%

The cashgate scandal is partially responsible for a 40 percent increase in government expenditure, consequently widening the fiscal deficit as…
Jumbe to champion farmers’ interests in Parliament

Jumbe to champion farmers’ interests in Parliament

Former Farmers Union of Malawi (FUM) president Felix Jumbe says he will champion the interests of farmers if he is…
Malawian migrant workers ill-treated in S Africa

Malawian migrant workers ill-treated in S Africa

The Institute for Social Law and Policy at the Northwestern University in South Africa says migrant workers from Malawi and…
Bye 2013, where do we go from here?

Bye 2013, where do we go from here?

This is my last entry of Business Unpacked in 2013 as today is the last Thursday of this year. Before…
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