Business
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MBS law to ban import of non-trade scales
June 5, 2013
MBS law to ban import of non-trade scales
Malawi Bureau of Standards (MBS) is mulling over a new law prohibiting the importation of cheap non-trade scales often used…
Malawi tourism earnings drop 14% in 2012
June 5, 2013
Malawi tourism earnings drop 14% in 2012
Malawi received 770 341 visitors last year who contributed to K59.6 billion (about $149m) in visitor exports, a 2013 government…
Interest rates must be controlled—RBM
June 5, 2013
Interest rates must be controlled—RBM
The Reserve Bank of Malawi (RBM) has said there is need to control current exorbitant commercial bank interest rates to…
Sena Corridor to benefit from Japanese Aid
June 5, 2013
Sena Corridor to benefit from Japanese Aid
Japanese Prime Minister Shinzo Abe assured Malawi that Japan will review the proposal on the development of the Sena Corridor…
CfSC decries tax regime
June 5, 2013
CfSC decries tax regime
Centre for Social Concern (CfSC) has said Malawi Government should have restored the purchasing power of the middle-class to stimulate…
Malawi proposes change in IMF conditions
June 4, 2013
Malawi proposes change in IMF conditions
Malawi has proposed changes in some of International Monetary Fund (IMF) conditions, specifically to increase borrowing from the domestic market.…
Sugar prices slashed by 5 percent
June 4, 2013
Sugar prices slashed by 5 percent
Illovo Sugar (Malawi) Limited has announced a five percent reduction in sugar prices effective today [Tuesday]. In a press statement,…
Malawi uranium valued at K48 billion in 2012
June 4, 2013
Malawi uranium valued at K48 billion in 2012
A 2013 Malawi Government annual report has valued uranium total production at Malawi’s biggest mining investment, Kayelekera Uranium Mine, in…
Malawi import cover nears two months
June 4, 2013
Malawi import cover nears two months
Malawi’s gross official reserves as at May 29 2013 had accumulated to $343 million, anchoring hopes of continued foreign exchange…
Malawi 2013 tobacco prices lower than 2012
June 4, 2013
Malawi 2013 tobacco prices lower than 2012
Auction Holdings Limited (AHL) has indicated that total tobacco prices up to week 12 of this year’s marketing season are…