Business
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Malawi faces four key policy challenges
October 2, 2013
Malawi faces four key policy challenges
A latest study commissioned by the global oil firm Puma Energy has exposed four key challenges that policy makers in Malawi…
FIU clarifies its role
October 2, 2013
FIU clarifies its role
The Financial Intelligence Unit (FIU) has clarified its role saying it has noted with concern over misrepresentation of its role…
Nico Holdings closes in on General insurance deal
October 2, 2013
Nico Holdings closes in on General insurance deal
Financial services group, Nico Holdings Limited, is close to clinching a deal for one of its subsidiaries and has indicated…
Globe Metals initiates Cost reduction plan
October 2, 2013
Globe Metals initiates Cost reduction plan
Globe Metals and Mining, the Australian Securities Exchange (ASX)-listed miner exploring for niobium at Kanyika in Mzimba, will continue its…
Jaffu retires, Osman elected Nico Holdings chair
October 2, 2013
Jaffu retires, Osman elected Nico Holdings chair
Nico Holdings Limited, board of directors resolved to accept the group’s board chairperson George Jaffu’s request to retire and elected…
Malawi set to fight food shortage
October 2, 2013
Malawi set to fight food shortage
Malawi has advised its people ‘not to panic’ as a result of looming hunger because it has already worked out a…
Cost of living inches up 1.3 percent
October 1, 2013
Cost of living inches up 1.3 percent
Basic needs in cities—Lilongwe, Zomba, Blantyre and Mzuzu inched by 1.3 percent to K104 112 (about $260) for a household…
Malawi commercial bank deposits decline
October 1, 2013
Malawi commercial bank deposits decline
Commercial bank deposits have declined, interbank rates risen while the kwacha has depreciated as the economy enters the lean period…
RBM raises K18.9 bn in T-bills
October 1, 2013
RBM raises K18.9 bn in T-bills
The Reserve Bank of Malawi (RBM) has for the past three weeks raised over K18.9 billion (about $47.2m) in government…
China to establish Agricultural Technology Centre
October 1, 2013
China to establish Agricultural Technology Centre
The Chinese government will establish an Agricultural Technology Demonstration Centre to be used to teach local farmers modern agricultural technologies.…