Business

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Tobacco revenue hits $234.37 million

Tobacco revenue hits $234.37 million

  Malawi tobacco revenue hit $234.37 million in week 15, approximately 78 percent of the 2013 government target of $300…
Malawi for open performance appraisals

Malawi for open performance appraisals

  Secretary for human resource development and management Sam Madula says Malawi Government will no longer promote any employee without…
Money supply rises to K422.7 billion

Money supply rises to K422.7 billion

  Money supply rose by K25.4 billion (about $635m) to K422.7 billion (about $1.05bn) in April, consequently receding the liquidity…
IMF cautions Malawi on expenditure

IMF cautions Malawi on expenditure

  The International Monetary Fund (IMF) on Tuesday described Malawi’s performance under the Extended Credit Facility (ECF) as ‘broadly satisfactory’ but asked…
Clean seed produces 7 varieties of Irish potato

Clean seed produces 7 varieties of Irish potato

  Deputy director of agricultural research services and commodity in the Ministry of Agriculture and Food Security Ibrahim Benesi says…
Malawian to head Comesa agency

Malawian to head Comesa agency

The Common Market for Eastern and Southern Africa (Comesa) has appointed George Magai, a Malawian agricultural economist, as director for…
Mpico takes a knock on Malawi Stock Exchange

Mpico takes a knock on Malawi Stock Exchange

Mpico Limited’s share price took a 4.7 percent knock on the Malawi Stock Exchange (MSE) to settle at K2 per…
Cisanet takes agriculture ministry to task

Cisanet takes agriculture ministry to task

The Civil Society Agriculture Network (Cisanet) has suggested that the Farm Input Subsidy Programme (Fisp) fertiliser bag be sold at…
Malawi forex reserves improve

Malawi forex reserves improve

Malawi’s Minister of Finance Ken Lipenga has expressed pleasure over the improved foreign exchange reserves on the market which he…
FedEx to acquire business operations in Malawi

FedEx to acquire business operations in Malawi

FedEx Corp. (NYSE: FDX) has completed the first stage of a strategic acquisition by signing agreements to buy the businesses…
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