Business
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Commercial Banks borrow K4bn from RBM
October 9, 2013
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
October 8, 2013
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
October 8, 2013
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’
October 8, 2013
‘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
October 8, 2013
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
October 8, 2013
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
October 7, 2013
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.…
Demand for stocks on the rise
October 7, 2013
Demand for stocks on the rise
Demand for shares on the Malawi Stock Exchange (MSE) continues as reflected in most of the counters with no volumes…
Land Bill no threat to investment—expert
October 7, 2013
Land Bill no threat to investment—expert
Tea and coffee estates will soon start remitting rentals to government if the President assents to the Land Bill (2013).…
Malawian among 2013 Black Business Achievers
October 7, 2013
Malawian among 2013 Black Business Achievers
United States of America (USA)-based Malawian entrepreneur Chauncy Mopho Jere was on September 28 named among the 2013 Black Business…