Business

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Illovo Malawi still glowing in Africa

Illovo Malawi still glowing in Africa

Illovo Sugar (Malawi) Limited’s performance continues to shine on the African continent, with the latest being ranked one of the…
Interest rates refusing to fall

Interest rates refusing to fall

IS ECONOMICS DEAD? President Joyce Banda, early this year, possibly based on objective economic analysis and of course to talk…
K215 billion for social spending in 2013/14

K215 billion for social spending in 2013/14

A total of K215 billion has been set aside for social spending in the 2013/14 Budget, representing 47 percent of…
Urban basic needs cost rise 13.2 percent

Urban basic needs cost rise 13.2 percent

The average basic needs basket(BNB) in cities—Lilongwe, Zomba, Blantyre and Mzuzu—has risen by 13.2 percent from K90 504 in January…
Kwacha stability critical

Kwacha stability critical

The Malawi kwacha, which has somewhat stabilised in July thanks to tobacco and donor inflows, marginally lost value against all…
Do we really have to be told this?

Do we really have to be told this?

I came to know British High Commissioner Michael Nevin in the early 2000s. That time he was working for the…
Banks respond to improved liquidity

Banks respond to improved liquidity

Banking required reserves—a fraction of commercial bank deposits—rose by about 13 percent to K39.43 billion on July 15, from K34.92…
PCL H1 profit to jump 70%

PCL H1 profit to jump 70%

From the look of things, most of the Malawi Stock Exchange (MSE)—listed companies will enjoy good tidings based on the…
MTA faults shuttle bus tax removal

MTA faults shuttle bus tax removal

The Malawi Tourism Association (MTA) says although welcome, the incentive to remove taxes on shuttle buses offered to hoteliers does…
Ex-soldiers in Mchinji form Comsip Network

Ex-soldiers in Mchinji form Comsip Network

Former soldiers from the Malawi Defence Force (MDF) have regrouped in Mchinji District and formed a group called Retired MDF…
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