Business

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Globe Metals initiates Cost reduction plan

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

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

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

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

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

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

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.…
Consultant tips employers on fraud, corruption detection

Consultant tips employers on fraud, corruption detection

Fraud and corruption can be eradicated if employers implement a system of detecting shady dealings within workplaces, Fraud and Risk…
Malawi to benefit from tobacco warehouse at Beira port

Malawi to benefit from tobacco warehouse at Beira port

  Cornelder de Mozambique (CdM), the concessionaire of the Beira port’s major container and general cargo terminals, is building a…
Beira port built for Malawi, three others

Beira port built for Malawi, three others

Malawians’ perception of the Indian Ocean’s port of Beira needs to change and begin to understand that the facilities there…
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