Business
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Liquidity improves, bank deposits rise
September 11, 2013
Liquidity improves, bank deposits rise
Liquidity in the banking system has further improved with required reserves—a fraction of bank deposits—rising to K42.9 billion on September…
Seed Co’s $7 m project to end in March
September 11, 2013
Seed Co’s $7 m project to end in March
Seed Co Malawi’s $ 7 million new office complex and factory in Lilongwe will be completed in March and is…
PCL profit up 244%, NBM main driver
September 11, 2013
PCL profit up 244%, NBM main driver
Dual-listed conglomerate Press Corporation Limited (PCL) has reported a K7.3 billion after-tax profit, a 244 percent increase from the previous…
Forest co-management agreement signed
September 11, 2013
Forest co-management agreement signed
Three villages in Machinga have signed a forest co-management agreement with the Ministry of Environment and Climate Change to manage…
Malawi earns $362m tobacco forex
September 10, 2013
Malawi earns $362m tobacco forex
Malawi has earned $361.7 million, (about K127 billion) from tobacco crop this year, a figure which represents a 103 percent…
Malawi internal auditors unveil new president
September 10, 2013
Malawi internal auditors unveil new president
The newly elected Institute of Internal Auditors (Malawi) president has encouraged members of the profession to be aggressive and take…
Malawi for tighter fiscal policy
September 10, 2013
Malawi for tighter fiscal policy
The Reserve Bank of Malawi (RBM) plans to further tighten the monetary policy to achieve low inflation rate next year,…
Malawi tobacco farmers to increase production
September 10, 2013
Malawi tobacco farmers to increase production
Tobacco farmers in Lilongwe Rural have vowed to increase tobacco volumes this year because the prices at the floors during…
Usaid/SHOPs invest K105 million in private health sector
September 10, 2013
Usaid/SHOPs invest K105 million in private health sector
Usaid in partnership with Strengthening Health Outcomes through the Private Sector (SHOPs) has spent over K105 million ($3 million) towards…
Tea industry set for growth
September 10, 2013
Tea industry set for growth
Africa’s tea industry could sustain itself and advance at a faster pace if growers produce high quality tea, engage in…