Business
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Demand pushes stock prices up
August 26, 2013
Demand pushes stock prices up
Demand for some stocks on the 14-counter Malawi Stock Exchange (MSE) last week continued to heighten trade resulting in six…
Interbank rates at 17 percent
August 26, 2013
Interbank rates at 17 percent
Interbank lending rates dropped to 17 percent, while required reserves rose to over K42.4 billion on August 21, a sign…
Globe Metals encouraged by results
August 26, 2013
Globe Metals encouraged by results
Globe Metals and Mining, an Australian Securities Exchange (ASX)-listed miner, says it is encouraged by results on the mine’s engineering…
Malawi cost of living up on maize account
August 24, 2013
Malawi cost of living up on maize account
The cost of living in Malawi’s cities of Lilongwe, Zomba, Blantyre and Mzuzu marginally went up to K102 796.75 (about…
Malawi competition commission probes private schools
August 24, 2013
Malawi competition commission probes private schools
Malawi Competition and Fair Trading Commission (CFTC) is investigating private schools for allegedly violating provisions under fair trading practices. In…
Where will more forex come from?
August 22, 2013
Where will more forex come from?
This week, Standard Bank Malawi Limited, one of the commercial banks operating in the country, made an interesting statement about…
Malawi All Share Index inches upwards
August 21, 2013
Malawi All Share Index inches upwards
Four of Malawi Stock Exchange (MSE) counters—FMB, National Bank of Malawi (NBM), Standard Bank and Old Mutual Limited (OML)—gained in…
TNM profits up 38 percent
August 21, 2013
TNM profits up 38 percent
Telekom Networks Malawi (TNM) profits for the period ended June 30 2013 rose 38 percent compared to the prior corresponding…
Malawi exports slump by 16 percent
August 21, 2013
Malawi exports slump by 16 percent
Malawi’s 2012 total exports to the rest of the world slumped by 16 percent to $1.27 billion from $1.53 billion…
Mejn for better cotton markets and production
August 21, 2013
Mejn for better cotton markets and production
In an effort to encourage cotton production in the country, the Malawi Economic Justice Network (Mejn) has set its target…