Business

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Tobacco revenue hits K17.7bn

Tobacco revenue hits K17.7bn

Malawi’s tobacco revenue has by the end of last week hit a total of $42.11million (K17.7 billion), a signal that…
Carlsberg employees down tools

Carlsberg employees down tools

Carlsberg Malawi Limited staff downed their tools on Monday, following disagreements with their management regarding 2012 performance bonuses. Some of…
NBM cautions on fiscal slippages

NBM cautions on fiscal slippages

National Bank of Malawi (NBM) has warned that the combined effect of the tight monetary policy and weak fiscal performance…
Revenue growth fails to boost Nico’s profit

Revenue growth fails to boost Nico’s profit

Nico Holdings Limited’s 57 percent revenue growth to K41.6 billion (about $104m) has failed to push up after-tax profit, financial…
M’biza Farmers Association cherishes cooperative trading

M’biza Farmers Association cherishes cooperative trading

M’biza Farmers Association in sub-Traditional Authority M’biza, Zomba have described cooperative trading as profitable as opposed to individual farmer trading.…
Malawi to benefit from NTB eradication

Malawi to benefit from NTB eradication

The Ministry of Industry and Trade has said land-locked Malawi stands to benefit greatly from the newly launched on-line Non-Tariff…
Use tax as an industrial policy tool— MCCCI

Use tax as an industrial policy tool— MCCCI

Developing countries such as Malawi should use lower effective tax rates as an industrial policy tool, the Malawi Confederation of…
Malawi inflation rate eases to 36.5 %

Malawi inflation rate eases to 36.5 %

Malawi’s year-on-year headline inflation rate has for the first time in many months registered a drop, marginally decelerating to 36.5…
Lafarge cement prices up

Lafarge cement prices up

The price of cement, a critical ingredient in the construction industry has been increased by 2.5 percent, Lafarge Cement Malawi…
Lafarge cement prices up

Lafarge cement prices up

The price of cement, a critical ingredient in the construction industry has been increased by 2.5 percent, Lafarge Cement Malawi…
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