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MCCL fuel tanks in Tanzania idle

MCCL fuel tanks in Tanzania idle

  Malawi is said to be losing billions of kwacha for not using fuel tanks owned by Malawi Cargo Centre…
CFTC probes FMB’s acquisition of OBM

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

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

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

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

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?

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

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%

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

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…
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