Business

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Private sector hails Voluntary Compliance Window

Private sector hails Voluntary Compliance Window

The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has hailed the Voluntary Compliance Window which is an opportunity…
Collective marketing raises K40m

Collective marketing raises K40m

Smallholder farmers in Mzimba and Kasungu have raised about K40 million (about $100 000) after selling their crops in the…
‘LDF transforming communities’

‘LDF transforming communities’

Deputy Minister of Local Government and Rural Development Godfrey Kamanya has said Local Development Fund (LDF) is playing a crucial…
Commercial Banks borrow K4bn from RBM

Commercial Banks borrow K4bn from RBM

Commercial banks on Monday borrowed K4 billion from the Reserve Bank of Malawi (RBM), a sign of liquidity squeeze and…
Listed companies post good half-year results

Listed companies post good half-year results

The 14-counter Malawi Stock Exchange (MSE) remained buoyant in the third quarter (July—September) of 2013, thanks to good half-year results…
Government says IPS stabilises tobacco market

Government says IPS stabilises tobacco market

Malawi Government says the introduction of Integrated Production System (IPS)—a contract system of tobacco growing and marketing approved in 2012—has…
‘Procurement to be done by professionals’

‘Procurement to be done by professionals’

Minister of Justice and Constitutional Affairs Ralph Kasambara says 70 percent of corruption cases in the country are procurement-related and…
Unscrupulous estate agents to face the law—Phoya

Unscrupulous estate agents to face the law—Phoya

Minister for Lands and Housing Henry Phoya says unscrupulous estate agents who put out adverts in newspapers for houses either…
AfDB invest $70m in PTA Bank to boost trade

AfDB invest $70m in PTA Bank to boost trade

The Board of Directors of the African Development Bank (AfDB) has approved a financial package consisting of $20 million in…
Kwacha falls 16% RBM blames market

Kwacha falls 16% RBM blames market

The kwacha has depreciated by 16 percent  against the dollar since peaking in June 2013 during the tobacco marketing season.…
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