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GM cotton excites Malawi farmers

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

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

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

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

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

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

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…
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