Business
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GM cotton excites Malawi farmers
April 24, 2013
GM cotton excites Malawi farmers
Cotton farmers in Malawi say there is need to fast track the adoption of genetically modified (GM) cotton if farmers…
Insurance companies now financial institutions
April 24, 2013
Insurance companies now financial institutions
All insurance companies and insurance brokers in Malawi are now formally financial institutions, making them answerable to the dictates of…
Escom admits inefficiencies
April 24, 2013
Escom admits inefficiencies
The Electricity Supply Corporation of Malawi (Escom) has admitted that it is inefficient and non profitable because for it to…
Cadecom proposes disaster fund
April 24, 2013
Cadecom proposes disaster fund
The Catholic Development Commission in Malawi (Cadecom) has asked government to ensure a disaster management budget line in the forth-coming…
Malawi current account deficit to improve
April 24, 2013
Malawi current account deficit to improve
The International Monetary Fund (IMF) has projected that Malawi’s 2013 current account deficit will improve to 1.6 percent from 3.7…
Investors eyeing Globe’s Kanyika project
April 23, 2013
Investors eyeing Globe’s Kanyika project
Potential investors have shown interest in the Kanyika Niobium Project (KNP) in Malawi’s northern district of Mzimba as the economic…
Tobacco revenue hits K17.7bn
April 23, 2013
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
April 23, 2013
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
April 23, 2013
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
April 23, 2013
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…