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Malawi expenditure increases by 28.9 percent

Malawi expenditure increases by 28.9 percent

Malawi fiscal deficit worsened to K40.4 billion (about $100m) in August from a deficit K15 billion (about $37.5m) in the previous…
RBM urges banks to go into remote areas

RBM urges banks to go into remote areas

The Reserve Bank of Malawi (RBM) has asked commercial banks to extend their services to farmers and businesspersons based in…
National Bank weighs in on IMF, Norway decisions

National Bank weighs in on IMF, Norway decisions

National Bank of Malawi (NBM) says the IMF’s decision to delay the approval of $20 million [K8 billion] under the…
Illovo shares increase by 3.2%

Illovo shares increase by 3.2%

Investors’ demand for Illovo Sugar (Malawi) Limited and Standard Bank stocks pushed up their prices, raising the local bourse’s two…
Malawi launches intensive geological survey

Malawi launches intensive geological survey

Malawi will soon launch an intensive geological survey in Chitipa and Karonga Districts to establish comprehensive information on mineral deposits…
Development agreement talks still on—Globe

Development agreement talks still on—Globe

Globe Metals and Mining, an Australian mining company exploring for niobium at Kanyika in Mzimba, says progress on the development…
Korean Government for high sorghum production in Malawi

Korean Government for high sorghum production in Malawi

Malawi’s sorghum production is expected to improve in the next three years, thanks to Korean government which has pumped in…
Fixing watches for a living

Fixing watches for a living

Gideon Soza who hails from Mwamadi village, Traditional Authority (T/A) Chikumbu in Mulanje has lived a hopeful life where he…
Sugar export earnings rise

Sugar export earnings rise

Malawi’s year-on-year cumulative export earnings for sugar, one of the country’s critical foreign exchange earners, peaked at $48.2 million, a…
Informal sector high on ILO agenda

Informal sector high on ILO agenda

International Labour Organisation (ILO) director Martin Clemmenson says informal economy issues are always high on the global labour body’s agenda.…
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